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Compare Mortgage Brokers in Morris, IL

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

3 agents listed
Updated May 2026
Morris, 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 3 mortgage brokers in Morris, 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.
Guaranteed Rate
223 Liberty St First Floor, Morris, IL 60450
8155854211
Matt Mallon at Rate (NMLS #463018)
223 Liberty St First Floor, Morris, IL 60450
8155854211
Chase Home Lending
1925 N Division St, Morris, IL 60450
6262336277

Mortgage brokers in Morris, Illinois help homebuyers and homeowners find suitable loan products from multiple lenders. Illinois law requires mortgage brokers to be licensed through the Illinois Department of Financial and Professional Regulation. Working with a local broker can provide access to conventional, FHA, VA, and USDA loans for properties in Grundy County.

What Does a Mortgage Broker in Morris Cost?

Mortgage broker fees in Illinois typically range from 1% to 2% of the loan amount. Some brokers charge a flat fee of $1,000 to $3,000. Additionally, borrowers may pay third-party costs such as appraisal and title fees. Costs vary by loan type, lender, and individual 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 do in Morris Illinois?
A mortgage broker acts as an intermediary between you and potential lenders. They gather your financial information, shop for loan options, and guide you through the application process. Brokers in Illinois must follow state licensing rules and disclose all fees upfront.
How do I choose a mortgage broker in Morris?
Look for a broker licensed with the Illinois Department of Financial and Professional Regulation. Check their experience with local property types and ask about the lenders they work with. You can verify a license through the Nationwide Multistate Licensing System.
Are there Illinois laws that protect borrowers using a mortgage broker?
Yes, Illinois has the Residential Mortgage License Act which requires brokers to provide a Good Faith Estimate and a Mortgage Loan Origination Agreement. Brokers must also disclose any yield spread premiums or other compensation. These rules help ensure transparency in the loan process.