Compare Mortgage Brokers in Shiloh, IL
Browse mortgage brokers serving Shiloh, Illinois. Contact information and addresses listed below.
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
State Mortgage Licensing Authority of Illinois before hiring.
Showing 3 mortgage brokers in Shiloh, 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.
What Does a Mortgage Broker in Shiloh Cost?
Mortgage broker fees in Illinois typically range from 1 percent to 2 percent of the loan amount. For a 250000 dollar loan that means 2500 to 5000 in broker compensation. Some brokers charge a flat fee instead often between 2000 and 4000 dollars. Other costs include appraisal fees credit report fees and origination fees. Costs vary by lender loan type and your financial profile. This is general information 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 Shiloh Illinois?
A mortgage broker acts as an intermediary between you and multiple lenders to find a home loan that fits your needs. In Illinois brokers must disclose their fees and any lender compensation under the Illinois Mortgage Licensing Act. They handle paperwork and guide you through the application process.
Are mortgage brokers in Illinois required to be licensed?
Yes all mortgage brokers in Illinois must hold a license from the Illinois Department of Financial and Professional Regulation. They also must register with the Nationwide Multistate Licensing System. You can verify a brokers license on the NMLS Consumer Access website.