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 Illinois before hiring.
Showing 17 mortgage lenders in Elgin, 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.
Mariner Finance
1350 E Chicago St #28, Elgin, IL 60120
8479315270
Joe Mainolfi, Mortgage Lender NMLS #2039850
162 E Chicago St, Elgin, IL 60120
3129372152
Fairway Independent Mortgage Corporation
2205 Point Blvd Suite 175, Elgin, IL 60123
8478576820
Edgar Santiago at CrossCountry Mortgage
221 E Chicago St Suite 103, Elgin, IL 60120
8479975626
Kathi Mettille | NMLS# 579170
325 Randall Rd, Elgin, IL 60123
8473415984
LSI (Lending Solutions, Inc.)
2200 Point Blvd, Elgin, IL 60123
8478442200
American Home Enterprises
158 E Chicago St, Elgin, IL 60120
2245359085
Chase Home Lending
270 S Randall Rd, Elgin, IL 60123
3314318134
James Mulholland at CrossCountry Mortgage
374 N McLean Blvd, Elgin, IL 60123
8477966200
Eduardo C Galindo | Fairway Independent Mortgage Corporation Branch Manager
2205 Point Blvd Suite 175, Elgin, IL 60123
8158141964
BMO Harris Bank Mortgage
170 N McLean Blvd, Elgin, IL 60123
8479314950
PNC Mortgage
835 S Randall Rd, Elgin, IL 60123
8476953000
Wintrust Mortgage
1001 S Randall Rd, Elgin, IL 60123
8478887950
Wintrust Mortgage
445 Summit St, Elgin, IL 60120
8478887950
US Bank Mortgage
Elgin, IL 60123
8008722657
CrossCountry Mortgage, LLC
374 N McLean Blvd, Elgin, IL 60123
8477966200
Chase Mortgage
1600 Larkin Ave, Elgin, IL 60123
8478885500
What Does a Mortgage Lender in Elgin Cost?
Typical costs for a mortgage in Illinois include an origination fee of 0.5 to 1 percent of the loan amount, appraisal fees around 400 to 700 dollars, and title insurance costs of 500 to 1,500 dollars. Closing costs generally total 2 to 5 percent of the purchase price. These figures are estimates and actual costs depend on your loan type and lender. 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 documents do I need to apply for a mortgage in Elgin?
You typically need pay stubs, tax returns, bank statements, and photo identification. Illinois lenders also require proof of homeowners insurance and a property appraisal.
How long does the mortgage process take in Illinois?
The process usually takes 30 to 45 days from application to closing. Illinois law mandates a three business day right of rescission for most refinances after closing.
What is the minimum down payment for a home in Elgin?
Down payment requirements vary by loan type. Conventional loans may require as little as 3 percent down, while FHA loans allow 3.5 percent. USDA and VA loans often require zero down payment.