Compare Mortgage Lenders in St. Louis, MO
Browse mortgage lenders serving St. Louis, Missouri. Contact information and addresses listed below.
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 Missouri before hiring.
Showing 20 mortgage lenders in St. Louis, MO
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mortgage lenders in St. Louis Missouri help home buyers and homeowners secure financing for property purchases and refinancing. Missouri law requires lenders to be licensed through the Division of Finance and follow state regulations on interest rates and loan disclosures. Local lenders understand the St. Louis real estate market and can guide you through conventional FHA VA and USDA loan options.
What Does a Mortgage Lender in St. Louis Cost?
Typical costs for a mortgage loan in Missouri include an origination fee of 0.5 to 1 percent of the loan amount appraisal fees from 400 to 700 dollars and title insurance costs around 1,500 to 2,500 dollars. Closing costs in St. Louis generally range from 2 to 5 percent of the purchase price. Missouri does not cap these fees but requires full disclosure on the Loan Estimate. 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 are the mortgage lender licensing requirements in Missouri?
Mortgage lenders in Missouri must be licensed by the Missouri Division of Finance under Chapter 443 of the Missouri Revised Statutes. This includes passing a background check and meeting minimum net worth requirements. Borrowers can verify a lenders license through the Nationwide Multistate Licensing System.
How long does a typical mortgage loan process take in St. Louis?
The mortgage process in St. Louis usually takes 30 to 45 days from application to closing. Missouri law requires a three day right of rescission on refinance loans under federal truth in lending rules. Delays can occur if appraisal or title work takes longer than expected.
What down payment is needed for a home in St. Louis Missouri?
Down payment requirements vary by loan type. Conventional loans often require 5 to 20 percent down. FHA loans allow as little as 3.5 percent down. USDA and VA loans may offer zero down payment options for eligible borrowers in St. Louis and surrounding areas.