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 Arkansas before hiring.
Showing 7 mortgage brokers in Lonoke, AR
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
First Arkansas Bail Bonds, Inc.
335 Dee Dee Ln, Lonoke, AR 72086
5016763959
Lonoke Banking Center
1109 N Center St, Lonoke, AR 72086
5016765400
Buffalo Insurance Agency
122 S Center St, Lonoke, AR 72086
5016762740
Central Arkansas Insurance LLC
317 Front St SW, Lonoke, AR 72086
5016762486
First State Bank Lonoke (Main)
101 S Center St, Lonoke, AR 72086
5016763106
Pro Land Title Company
1524 N Center St, Lonoke, AR 72086
5013676560
Grand Prairie Financial
121 Front St SW, Lonoke, AR 72086
5016765900
What Does a Mortgage Broker in Lonoke Cost?
Mortgage broker fees in Arkansas typically range from 1% to 2% of the loan amount. For a $200,000 loan this means $2,000 to $4,000 in broker fees. Some brokers charge a flat fee of $2,500 to $5,000. You may also pay third party costs like appraisal and credit report fees. Costs vary by lender loan type and your financial profile. 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 does a mortgage broker do in Lonoke Arkansas?
A mortgage broker acts as a middleman between you and potential lenders. They gather your financial information shop for loan terms and help you complete the application process. In Arkansas brokers must provide a written disclosure of their fees and any lender compensation.
Do I need a license to be a mortgage broker in Arkansas?
Yes. Mortgage brokers in Arkansas must be licensed through the Nationwide Multistate Licensing System and comply with the Arkansas Secure and Fair Enforcement Mortgage Licensing Act. They must also pass a background check and complete continuing education.
How long does it take to close a mortgage in Arkansas?
Most mortgage loans in Arkansas close within 30 to 45 days after application. Arkansas law requires a three business day right of rescission for refinances. Delays can happen if appraisals or title work take longer.