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Showing 2 va loan specialists in Highland Park, 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 Mindful Mortgage Team
2057A Green Bay Rd, Highland Park, IL 60035
7733842431
Doreen Mansour - Chase Home Lending Advisor - NMLS ID 859356
513 Central Ave, Highland Park, IL 60035
8479126260
What Does a VA Loan Specialist in Highland Park Cost?
VA loan specialist fees in Illinois typically range from 0% to 1% of the loan amount, often paid by the lender or rolled into the loan. The VA funding fee for first-time use is 2.15% for regular military and 2.4% for reserves, with exemptions for disabled veterans. Closing costs in Highland Park average 2% to 5% of the purchase price. 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 is a VA loan specialist in Highland Park?
A VA loan specialist is a mortgage professional who focuses on VA-backed home loans for veterans and military families. They help with eligibility, certificate of eligibility, and the loan process in Highland Park and surrounding areas.
Do I need a VA loan specialist for a home in Highland Park?
While not required, a specialist can help navigate VA loan rules and Illinois real estate laws. They can also assist with local property tax exemptions available to Illinois veterans.
What Illinois benefits apply to VA loans in Highland Park?
Illinois offers a property tax exemption for veterans with a service-connected disability of 50% or more. This exemption can reduce annual property taxes and affect loan affordability calculations.