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Looking for a mortgage broker in Batavia? Review the directory below to compare your options.
2 agents listed
Updated May 2026
Batavia, 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 2 mortgage brokers in Batavia, 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.
Initial Mortgage, Inc.
108 1st St Suite 1, Batavia, IL 60510
8884064252
Chase Home Lending
5 N Randall Rd, Batavia, IL 60510
6304065518
Mortgage brokers in Batavia Illinois help home buyers and refinancing homeowners find suitable loan products from multiple lenders. In Illinois mortgage brokers must be licensed by the Illinois Department of Financial and Professional Regulation under the Residential Mortgage License Act. Working with a local Batavia broker can provide insight into Fox Valley area property values and school district trends.
What Does a Mortgage Broker in Batavia Cost?
Mortgage broker fees in Illinois typically range from 1 percent to 3 percent of the loan amount. For a $300,000 loan this means a fee of $3,000 to $9,000. Some brokers charge a flat fee instead of a percentage. Closing costs in Illinois also include title insurance, appraisal fees, and recording fees which average 2 to 5 percent of the purchase price. 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 license does a mortgage broker need in Illinois?
In Illinois mortgage brokers must hold a valid residential mortgage license from the Illinois Department of Financial and Professional Regulation. They must also register with the Nationwide Multistate Licensing System and complete annual continuing education.
How long does it take to close a mortgage in Batavia?
A typical mortgage closing in Illinois takes 30 to 45 days from application to closing. Delays can occur if appraisal or title work takes longer. Illinois law requires a three business day right of rescission for refinances on primary residences.
What documents do I need to apply for a mortgage in Batavia?
You will need recent pay stubs, W-2 forms or tax returns for the last two years, bank statements, and a valid photo ID. Self-employed borrowers may need profit and loss statements. Illinois law does not require additional state-specific documents beyond standard federal requirements.
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BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Illinois.