Find Mortgage Lenders in Kankakee, IL
Compare mortgage lenders in Kankakee. 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 Illinois before hiring.
Showing 8 mortgage lenders in Kankakee, 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.
What Does a Mortgage Lender in Kankakee Cost?
Typical mortgage lender costs in Illinois include an origination fee of 0.5% to 1% of the loan amount, an appraisal fee of $400 to $700, and a credit report fee of $30 to $50. Closing costs in Kankakee usually range from 2% to 5% of the purchase price. These costs vary by lender, loan type, and property value. 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 Kankakee?
You typically need pay stubs, tax returns, bank statements, and photo identification. Illinois lenders also require proof of homeowners insurance before closing. The exact list varies by loan type and lender.
How long does the mortgage process take in Illinois?
The process usually takes 30 to 45 days from application to closing. Illinois law allows a three day rescission period after signing for refinances but not for purchase loans. Delays can happen if appraisals or title work take longer.