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Showing 2 va loan specialists in Burbank, 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.
OneMain Financial
8535 S Harlem Ave, Burbank, IL 60459
7085988080
Bruce Sachs-U.S. Bank Mortgage
5440 W 87th St, Burbank, IL 60459
7082293018
What Does a VA Loan Specialist in Burbank Cost?
Typical costs for a VA loan specialist in Illinois include an origination fee of 0 to 1 percent of the loan amount and a VA funding fee of 1.25 to 3.3 percent depending on down payment and service category. Third party costs such as appraisal and title fees range from 500 to 1500 dollars. Illinois law caps certain closing costs but fees vary by lender and loan size. 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 is a VA loan specialist in Burbank Illinois?
A VA loan specialist is a mortgage professional who guides borrowers through the VA loan process. They help with Certificate of Eligibility requirements lender selection and closing procedures specific to Illinois.
What are the eligibility requirements for a VA loan in Illinois?
Eligibility requires meeting minimum active duty service time or being a qualifying spouse. You must obtain a VA Certificate of Eligibility. Illinois does not impose additional state-level eligibility rules beyond federal VA guidelines.
Are there Illinois specific benefits for VA loan borrowers?
Yes Illinois offers a property tax exemption for veterans with service connected disabilities. The exemption can reduce the assessed value of your home by up to 100000 dollars. Your VA loan specialist can help you apply for this benefit.