Compare Mortgage Brokers in Lakeville, MN
Compare mortgage brokers in Lakeville. Review contact information and insurance categorys before you decide.
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 Minnesota before hiring.
Showing 19 mortgage brokers in Lakeville, 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.
What Does a Mortgage Broker in Lakeville Cost?
Mortgage broker fees in Minnesota usually range from 1% to 2% of the loan amount. For a $300,000 home, this means $3,000 to $6,000 in broker fees. Some brokers charge a flat fee instead of a percentage. Costs vary by loan type and lender. 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
Do mortgage brokers in Lakeville need a license?
Yes. All mortgage brokers in Minnesota must hold a valid license from the Minnesota Department of Commerce. You can verify a brokers license online before working with them.
What documents do I need to apply for a mortgage in Minnesota?
You typically need pay stubs, tax returns, bank statements, and identification. Minnesota law also requires a property appraisal and a signed disclosure of loan terms within three business days of application.
How long does a mortgage approval take in Lakeville?
A typical mortgage approval in Minnesota takes 30 to 45 days from application to closing. Delays can occur if additional documentation is needed or if the property appraisal takes longer.