Mortgage brokers in Des Plaines Illinois help home buyers and refinancers find loan options from multiple lenders. Illinois law requires mortgage brokers to be licensed by the Illinois Department of Financial and Professional Regulation. Working with a local broker can give you access to programs specific to Cook County and the Chicago metro area.
What Does a Mortgage Broker in Des Plaines Cost?
Mortgage broker costs in Illinois usually range from 1% to 2% of the loan amount. For a $300,000 loan this means $3,000 to $6,000 in broker fees. Some brokers charge a flat fee instead of a percentage. You may also pay for an appraisal, credit report, and title insurance. These costs are listed in your Loan Estimate. 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
Mortgage Brokers in Other Illinois Cities
Algonquin · Alsip · Alton · Antioch · Arlington Heights · Aurora · Bannockburn · Barrington · Bartlett · Batavia · Belleville · Berwyn · Bloomingdale · Bloomington · Bolingbrook