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Find Mortgage Brokers in Algonquin, IL

Looking for a mortgage broker in Algonquin? Review the directory below to compare your options.

7 agents listed
Updated May 2026
Algonquin, IL
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Illinois before hiring.
Showing 7 mortgage brokers in Algonquin, IL Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
McMahon Mortgage Team | Algonquin, IL
2380 Esplanade Dr #301, Algonquin, IL 60102
8476139274
NEIGHBORHOOD LOANS
777 E Algonquin Rd, Algonquin, IL 60102
8478264331
Tom DuSell at Rate (NMLS #756649)
2380 Esplanade Dr Office #1, Algonquin, IL 60102
8479974268
Mortgage Lender and Home Loans Tony Abazi
1489 Merchant Dr, Algonquin, IL 60102
6302257524
Roop Singh | Mortgage Loan Originator | NMLS#2584833
13 White Chapel Ct, Algonquin, IL 60102
2243758868
Danielle Mahon | Mortgage Loan Officer | First Centennial Mortgage
2380 Esplanade Dr #301, Algonquin, IL 60102
8479897709
Sheila DuPaw at Rate Crystal Lake (NMLS #631477)
3927 Algonquin Rd, Algonquin, IL 60102
8478155626

A mortgage broker in Algonquin Illinois can help you compare loan options from multiple lenders. Illinois law requires brokers to be licensed through the Nationwide Multistate Licensing System. Working with a local broker can simplify the home buying process in McHenry County.

What Does a Mortgage Broker in Algonquin Cost?

Mortgage broker fees in Illinois typically range from 1 percent to 2 percent of the loan amount. Some brokers charge a flat fee of 2500 to 5000 dollars. Costs vary based on loan size and complexity. This is general information and not mortgage or financial advice.

* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.

Frequently Asked Questions

What does a mortgage broker do in Algonquin Illinois?
A mortgage broker acts as an intermediary between you and lenders. They gather your financial information and shop for loan programs that fit your needs. In Illinois brokers must follow state licensing rules and disclose all fees upfront.
How do I choose a mortgage broker in Algonquin?
Look for a broker who is licensed in Illinois and has experience with local property types. Check their record on the Nationwide Multistate Licensing System website. Ask about their fees and how they are paid before you start the application process.
What documents do I need for a mortgage application in Illinois?
You typically need pay stubs, tax returns, bank statements, and identification. Illinois law may require additional disclosures about property taxes and insurance. Your broker will give you a complete list based on your loan type.