The Best Mortgage Lenders in Braintree, MA
Compare verified mortgage lenders serving Braintree, Massachusetts. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Braintree
Featured Mortgage Lenders
CrossCountry Mortgage, LLC
CrossCountry Mortgage, LLC - Braintree Branch
CrossCountry Mortgage's Braintree branch stands out as one of the highest-rated mortgage lenders in the area with exceptional customer satisfaction. They offer a comprehensive range of loan products with competitive rates and personalized service. Their local team has deep knowledge of the South Shore Massachusetts market and provides guidance through every step of the mortgage process, from pre-approval to closing. The company's strong reputation is built on transparency, reliability, and dedicated customer support.
Loan Types:
Norcom Mortgage
Norcom Mortgage - Braintree Office
Norcom Mortgage has been serving Massachusetts homebuyers for over three decades with their Braintree office providing exceptional local service. As a direct lender with in-house underwriting, they offer faster processing times and more personalized attention. Their experienced loan officers specialize in the unique Massachusetts real estate market and provide competitive rates across all loan types. The company is particularly noted for their expertise with complex financing situations and construction loans.
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Metro Credit Union
Metro Credit Union - Mortgage Department
As one of Massachusetts' largest credit unions, Metro Credit Union serves the Braintree area with exceptional mortgage products and member-focused service. Their not-for-profit structure allows them to offer highly competitive rates and lower fees than many traditional banks. With nearly a century of experience serving Massachusetts residents, they provide personalized mortgage guidance and local decision-making. Members consistently praise their transparent process, educational approach, and commitment to finding the right mortgage solution for each borrower's unique situation.
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Frequently Asked Questions
Common questions about mortgage lending in Braintree, MA
What are the current mortgage rates like in Braintree, MA compared to national averages?
Braintree mortgage rates typically align closely with national averages but may be slightly higher due to Massachusetts' competitive housing market. Currently, rates in Braintree range from 6.5% to 7.2% for 30-year fixed mortgages, depending on credit score and loan type. Local lenders often offer competitive rates specifically for South Shore homebuyers.
Are there any first-time homebuyer programs specific to Braintree that can help with down payments?
While Braintree doesn't have city-specific programs, Massachusetts offers several statewide programs accessible to Braintree buyers. The MassHousing Mortgage with down payment assistance and the ONE Mortgage Program are popular options, providing low down payments and competitive rates. Many Braintree buyers also benefit from the South Shore's participating lenders who specialize in these state programs.
How does Braintree's property tax rate affect my mortgage payments?
Braintree's current property tax rate is approximately $10.74 per $1,000 of assessed value, which is moderate for Norfolk County. This means a $500,000 home would have about $5,370 in annual taxes, adding roughly $450 to your monthly mortgage payment through escrow. The stable tax rate helps with predictable monthly housing costs in Braintree.
What unique closing costs should I expect when buying a home in Braintree?
Braintree homebuyers should budget for standard Massachusetts closing costs plus some local specifics. Expect to pay the Norfolk County Registry of Deeds fees, Braintree's transfer tax (split between buyer and seller), and typical lender fees. Total closing costs typically range from 2-5% of the home's purchase price, with Braintree's efficient town services helping keep some fees reasonable.
How competitive is the Braintree housing market, and how does that affect mortgage pre-approval needs?
Braintree's housing market remains highly competitive due to its excellent South Shore location and commuter access to Boston. Having a strong pre-approval from a reputable local lender is essential, as sellers often require proof of financing readiness. Many successful buyers work with lenders who understand Braintree's market dynamics and can provide quick underwriting turnarounds.
Nearby Cities
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Why Choose a Mortgage Lender in Braintree?
Local Market Knowledge
Lenders who understand Braintree's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Massachusetts.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Braintree and get competitive rates on your home loan.