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 2 mortgage brokers in Mound, 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.
Bill Rodgers, CorTrust Mortgage, NMLS # 2245642
5211 Shoreline Dr, Mound, MN 55364
9522290553
Allstate Home Mortgage
2670 Commerce Blvd APT 103, Mound, MN 55364
6123663832
What Does a Mortgage Broker in Mound Cost?
Mortgage broker fees in Minnesota typically 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 of $2,500 to $5,000. You may also pay for an appraisal, credit report, and title search. Costs vary by lender and loan type. 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 licenses do mortgage brokers need in Minnesota?
Mortgage brokers in Minnesota must be licensed through the Nationwide Multistate Licensing System (NMLS). They must also register with the Minnesota Department of Commerce and complete continuing education requirements each year.
How long does it take to close a mortgage in Mound?
A typical mortgage closing in Minnesota takes 30 to 45 days from application to closing. Delays can occur if the property is in a flood zone near Lake Minnetonka or if additional appraisals are needed.