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VA Loan Specialists in Grayslake, IL

Compare va loan specialists in Grayslake. Review contact information and insurance categorys before you decide.

7 agents listed
Updated May 2026
Grayslake, IL
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 7 va loan specialists in Grayslake, 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.
The Bryan Schmidt Group / Preferred Rate (NMLS#275275)
1860 N Illinois 83 #118, Grayslake, IL 60030
8476034778
Jim Strachan | Fairway Independent Mortgage Corporation
419 Center St Ste A, Grayslake, IL 60030
8475467769
Mutual of Omaha Mortgage
136 Center St #136R, Grayslake, IL 60030
8473271716
Preferred Rate - Grayslake
1860 IL-83 STE 118, Grayslake, IL 60030
8476034778
Wintrust Mortgage
50 Commerce Dr, Grayslake, IL 60030
8475482700
Fairway Independent Mortgage Corporation | Iron Home Mortgage Team
419 Center St Ste A, Grayslake, IL 60030
8479866447
Frank J Hayes - PNC Mortgage Loan Officer (NMLS #573951)
202 Center St, Grayslake, IL 60030
8472695626

VA loan specialists in Grayslake help eligible veterans and active duty service members obtain home financing with no down payment and competitive rates. Illinois law requires all mortgage loan originators to be licensed through the Illinois Department of Financial and Professional Regulation. Grayslake residents can access these specialists to navigate the specific property tax exemptions available to Illinois veterans.

What Does a VA Loan Specialist in Grayslake Cost?

Typical costs for VA loan specialist services in Illinois include an origination fee of up to 1 percent of the loan amount and a VA funding fee ranging from 1.4 percent to 3.6 percent depending on your down payment and service category. Third-party costs like appraisal and title fees usually total 2000 to 4000 dollars. Costs vary by situation and lender. 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 are the eligibility requirements for a VA loan in Grayslake?
To qualify for a VA loan in Grayslake you must meet service requirements set by the U.S. Department of Veterans Affairs. This includes serving 90 consecutive days of active duty during wartime or 181 days during peacetime. You also need a valid Certificate of Eligibility from the VA.
Do VA loan specialists in Grayslake help with Illinois property tax exemptions?
Yes many VA loan specialists in Grayslake can guide you on the Illinois Disabled Veterans Homestead Exemption. This exemption reduces the equalized assessed value of your home by up to 5000 dollars for qualifying disabled veterans. Specialists can explain how this affects your overall loan costs.
How long does the VA loan process take in Illinois?
The VA loan process in Illinois typically takes 30 to 45 days from application to closing. This timeline includes appraisal ordering which must be done by a VA-approved appraiser. Delays can occur if additional documentation is needed from the borrower.