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 Granite City, 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.
David Anderson, Mortgage Broker
2245 Pontoon Rd, Granite City, IL 62040
6185307878
Guaranteed Rate
3823 Pontoon Rd #2, Granite City, IL 62040
6182055062
What Does a Mortgage Broker in Granite City Cost?
In Illinois, mortgage brokers typically charge a fee of 1% to 2% of the loan amount. For a $200,000 loan, this means $2,000 to $4,000. Some brokers may also charge a flat fee or an hourly rate. Costs vary based on the loan type, your credit profile, and the complexity of your case. 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 in Granite City do?
A mortgage broker acts as an intermediary between you and potential lenders. They gather your financial information, shop for loan options, and help you complete the application process. Brokers do not lend money directly but connect you with lenders who may approve your loan.
Are mortgage brokers in Illinois required to be licensed?
Yes, 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. You can verify a brokers license on the IDFPR website.