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 14 mortgage brokers in Glen Carbon, 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.
New American Funding - Glen Carbon, IL
208 Magnolia Dr, Glen Carbon, IL 62034
6182161226
New American Funding - Dan Moad
208 Magnolia Dr, Glen Carbon, IL 62034
6183013498
Micah Filipsic
208 Magnolia Dr, Glen Carbon, IL 62034
6185215319
New American Funding - Jared Mabrey
208 Magnolia Dr, Glen Carbon, IL 62034
6182059266
New American Funding - Stephen Baack
208 Magnolia Dr, Glen Carbon, IL 62034
6183070437
New American Funding - Lindell Mckown
208 Magnolia Dr, Glen Carbon, IL 62034
6186555293
The Flowers Team - USA Mortgage
3 Country Club Executive Park Ste 100, Glen Carbon, IL 62034
6185677114
USA Mortgage
3 Country Club Executive Park Ste 100, Glen Carbon, IL 62034
6185677114
Karylle Wike at CrossCountry Mortgage
2220 S State Rte 157 #225, Glen Carbon, IL 62034
6187035479
John Kroot-U.S. Bank Mortgage
3601 IL-159, Glen Carbon, IL 62034
6186595465
Edward Jones - Financial Advisor: Randy Dunn, AAMS®
4521 IL-159 #1, Glen Carbon, IL 62034
6182887431
Christopher Scheer Motto Mortgage Integrity Group
4215 IL-159 #4, Glen Carbon, IL 62034
3142239824
Rob Schmersahl-USA Mortgage
3 Country Club Executive Park Suite 100, Glen Carbon, IL 62034
3145189542
US Bank Mortgage
3601 IL-159, Glen Carbon, IL 62034
8008722657
What Does a Mortgage Broker in Glen Carbon Cost?
Mortgage broker fees in Illinois typically range from 1% to 2% of the loan amount. For a $250,000 home, this could mean $2,500 to $5,000 in broker fees. Some brokers are paid by the lender through yield spread premiums, which may reduce your upfront cost. Always ask for a written Loan Estimate that details all fees. 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 Glen Carbon Illinois?
A mortgage broker acts as an intermediary between you and multiple lenders. They gather your financial information, shop for loan options, and help you choose the best fit. In Illinois, brokers must follow state regulations and disclose their fees upfront.
Do I need a mortgage broker to buy a home in Glen Carbon?
No, you can work directly with a bank or credit union. However, a broker can save you time by comparing offers from several lenders at once. This can be helpful if you have a unique financial situation or want to find competitive rates.
What are the licensing requirements for mortgage brokers in Illinois?
Mortgage brokers in Illinois must hold a license from the Illinois Department of Financial and Professional Regulation. They must also pass a background check and complete continuing education courses. You can verify a brokers license on the Nationwide Multistate Licensing System website.