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Find Mortgage Brokers Near You in Andover, MN

Compare mortgage brokers in Andover. Review contact information and insurance categorys before you decide.

5 agents listed
Updated May 2026
Andover, MN
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 Minnesota before hiring.
Showing 5 mortgage brokers in Andover, MN Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Quality Choice Mortgage
13750 Crosstown Dr NW # 200, Andover, MN 55304
7637543100
Edina Realty - Andover Real Estate Agency
1966 Bunker Lake Blvd NW #300, Andover, MN 55304
7637551300
Results Home Mortgage
2677 Bunker Lake Blvd NW, Andover, MN 55304
8884476384
US Bank Mortgage
3445 Bunker Lake Blvd NW, Andover, MN 55304
7637122927
American Mortgage & Equity Consultants
2705 Bunker Lake Blvd NW #203, Andover, MN 55304
6129297758

Mortgage brokers in Andover, Minnesota help homebuyers and homeowners find suitable loan options from multiple lenders. They work with local and national banks, credit unions, and private lenders to secure financing for purchases or refinances. Minnesota law requires mortgage brokers to be licensed through the Minnesota Department of Commerce, ensuring they follow state regulations for consumer protection.

What Does a Mortgage Broker in Andover Cost?

Mortgage broker fees in Minnesota typically range from 1% to 2% of the loan amount. For a $300,000 home, this could be $3,000 to $6,000. Some brokers charge a flat fee instead, often between $1,500 and $3,000. Additional costs include application fees, appraisal fees, and closing costs. These amounts vary by lender and loan type. 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 Andover?
A mortgage broker acts as an intermediary between you and potential lenders. They gather your financial information, shop for loan products, and help you compare rates and terms. They do not lend money directly but find a lender that fits your needs.
How do I choose a mortgage broker in Andover Minnesota?
Look for a broker licensed with the Minnesota Department of Commerce. Check their experience with local properties in Anoka County and ask about their fee structure. Read online reviews and ask for referrals from your real estate agent or local contacts.
What documents do I need to apply for a mortgage in Andover?
You typically need pay stubs, tax returns, bank statements, and proof of assets. For self-employed borrowers, additional profit and loss statements may be required. The broker will guide you on specific documents based on your loan type.