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Brockton, MA

The Best Mortgage Lenders in Brockton, MA

Compare verified mortgage lenders serving Brockton, Massachusetts. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
650+
Reviews
10
Loan Types

Available Loan Programs in Brockton

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time Homebuyer
ARM
Investment Properties
Construction

Featured Mortgage Lenders

1

CrossCountry Mortgage, LLC

CrossCountry Mortgage, LLC - Brockton

★★★★☆
4.8/5

CrossCountry Mortgage's Brockton branch is highly regarded for exceptional local service and expertise. With over 20 years in the mortgage industry, they offer a comprehensive range of loan products and are particularly known for their personalized approach to first-time homebuyers. Their team has deep knowledge of the Brockton real estate market and maintains strong relationships with local real estate professionals, ensuring smooth transactions from application to closing.

Experience:20 years
Reviews:150 customer reviews
770 Crescent Street, Brockton, MA 02302

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
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2

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.7/5

Guaranteed Rate is a nationally recognized mortgage lender with strong presence throughout Massachusetts, including serving Brockton homeowners. They are celebrated for their digital mortgage experience and competitive rates, combined with local expertise. With over two decades of experience, they've built a reputation for efficient processing and excellent customer service. Their Boston office specifically serves the Greater Boston area, including Brockton, with dedicated loan officers familiar with the local market dynamics.

Experience:22 years
Reviews:300 customer reviews
260 Franklin Street, Boston, MA 02110

Loan Types:

ConventionalFHAVAJumboARMRefinanceInvestment Properties
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3

Leader Bank

Leader Bank, N.A.

★★★★☆
4.6/5

Leader Bank is a well-established regional lender serving the entire Greater Boston area, including Brockton. Known for their competitive rates and personalized service, they have built a strong reputation over nearly two decades. Their mortgage team includes experienced professionals who understand the unique aspects of the Brockton housing market. They offer a wide array of loan products and are particularly noted for their construction lending expertise and responsive customer service throughout the loan process.

Experience:19 years
Reviews:200 customer reviews
1812 Massachusetts Avenue, Cambridge, MA 02140

Loan Types:

ConventionalFHAVAConstructionJumboRefinanceInvestment Properties
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Frequently Asked Questions

Common questions about mortgage lending in Brockton, MA

Are there any special first-time homebuyer programs available specifically for Brockton, MA?

Yes, Brockton homebuyers can access the MassHousing Mortgage program, which offers competitive interest rates and down payment assistance. Additionally, the ONE Mortgage program provides a low down payment option with no private mortgage insurance, specifically beneficial for first-time buyers in Brockton's market. These programs are designed to make homeownership more accessible in the city.

What are typical mortgage rates like for Brockton homebuyers compared to national averages?

Brockton mortgage rates typically align closely with national averages but can vary based on individual credit profiles and loan types. Currently, rates in Brockton range from 6.5% to 7.5% for 30-year fixed mortgages, though local lenders may offer special programs that can provide slightly better terms for qualified buyers in the area.

How does Brockton's property tax rate affect my mortgage payments?

Brockton has one of Massachusetts' higher property tax rates at approximately $15.74 per $1,000 of assessed value. This means your monthly mortgage payment will include a significant escrow amount for property taxes. For a $400,000 home, expect to pay around $6,300 annually in property taxes, which adds approximately $525 to your monthly mortgage payment.

Are there any city-specific mortgage considerations for buying a multi-family home in Brockton?

Yes, Brockton's many two- and three-family homes present unique mortgage opportunities. Lenders often consider potential rental income from additional units when qualifying buyers, which can help borrowers qualify for higher loan amounts. However, you'll typically need a larger down payment (15-25%) for investment properties compared to single-family primary residences (3-5%).

What local down payment assistance programs are available for Brockton homebuyers?

Brockton residents may qualify for the City of Brockton's Homeownership Opportunity Program, which provides down payment and closing cost assistance to income-eligible buyers. Additionally, the Massachusetts Housing Partnership's ONE+Brockton program offers up to $15,000 in down payment assistance for qualified first-time homebuyers purchasing in designated neighborhoods.

Mortgage Insights

Finding Your Guide: Why a Local Home Loan Agent is Key to Buying in Brockton

If you're starting your homebuying journey in Brockton, you've likely searched "home loan agents near me." That instinct is spot on. While online lenders are everywhere, partnering with a local mortgage professional in the Brockton area isn't just convenient—it's a strategic move that can make all the difference in our unique market.

Brockton's housing landscape is dynamic, featuring a mix of historic multi-family homes, classic American Four squares, and newer developments. A local agent understands the nuances of appraisals in neighborhoods like West Side or Campello, knows which lenders are familiar with the common structural features of older New England homes, and can accurately assess how local property tax rates impact your overall budget. They have their finger on the pulse of how fast homes are moving in East Brockton versus the downtown area, which is crucial for crafting a competitive offer with a solid financing contingency.

Here’s your actionable plan: First, look for agents who are deeply embedded in the South Shore community. Ask potential agents directly: "How many loans have you closed in Brockton in the last year?" and "Can you share your experience with the Brockton Board of Assessors or common condo association guidelines here?" Their answers will tell you everything. A true local will also be a vital connector, often recommending trusted real estate attorneys, home inspectors, and insurance agents who also know the city's specifics.

Now, let's talk Massachusetts-specific programs a local expert can navigate for you. The state offers fantastic resources like the MassHousing Mortgage, which often features competitive rates and lower down payment options. More importantly, agents familiar with Brockton can guide you toward city-specific down payment assistance programs or grants that you might not find on a generic website. They understand the income thresholds and property eligibility for our area, ensuring you don't miss out on potential savings.

Your best next step? Go beyond the search engine. Ask your local real estate agent for a referral—they work with loan officers daily and know who performs reliably at the closing table. Check reviews, but prioritize those mentioning Brockton or nearby towns. Then, set up interviews with two or three candidates. A great local home loan agent will do more than quote a rate; they will educate you, explain how the new sewer betterment charges might affect your loan, and create a plan tailored to buying your piece of Brockton. In a competitive market, having that local advocate in your corner isn't just helpful—it's your smartest first move.

Nearby Cities

Explore mortgage lenders in cities near Brockton, MA

Why Choose a Mortgage Lender in Brockton?

Local Market Knowledge

Lenders who understand Brockton'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 Brockton and get competitive rates on your home loan.