Mortgage Brokers in Oakdale, MN
Compare mortgage brokers in Oakdale. 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 8 mortgage brokers in Oakdale, 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 Oakdale Cost?
Mortgage broker fees in Minnesota generally range from 1% to 2% of the loan amount, though some brokers may charge a flat fee between $1,000 and $3,000. These costs are often paid at closing and can be negotiated. Additional costs may include appraisal fees, credit report fees, and lender origination charges. 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 license does a mortgage broker need in Minnesota?
In Minnesota, mortgage brokers must hold a valid license from the Minnesota Department of Commerce. They are also required to register with the Nationwide Multistate Licensing System and Registry (NMLS) and complete continuing education each year.
How do I choose a mortgage broker in Oakdale?
Look for a broker with a current Minnesota license and check their NMLS number for any disciplinary history. Ask about their experience with local lenders and their knowledge of programs like Minnesota Housing Finance Agency loans.
What documents do I need to apply for a mortgage through a broker?
You typically need recent pay stubs, W-2 forms, tax returns, bank statements, and proof of identification. The broker will also request a credit report and details about the property you want to buy or refinance.