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Compare Mortgage Brokers in Alton, IL

Directory of mortgage brokers in Alton, Illinois. Verify credentials with the state mortgage licensing authority before hiring.

3 agents listed
Updated May 2026
Alton, 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 3 mortgage brokers in Alton, 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.
Sports Afield Mortgage
3644 Fosterburg Rd, Alton, IL 62002
6184946491
Preferred Mortgage Services, Inc.
2375 East Homer M Adams Pkwy, Alton, IL 62002
6184635700
US Bank Mortgage
2627 State St, Alton, IL 62002
8008722657

Mortgage brokers in Alton Illinois help homebuyers and homeowners find suitable loan options from multiple lenders. Illinois requires mortgage brokers to be licensed through the Illinois Department of Financial and Professional Regulation under the Residential Mortgage License Act. Working with a local broker can simplify the process of comparing rates and terms for properties in Madison County.

What Does a Mortgage Broker in Alton Cost?

Mortgage broker fees in Illinois typically range from 1% to 2% of the loan amount. Some brokers charge a flat fee between $1,000 and $3,000. Additional costs may include application fees, appraisal fees, and third party charges. Costs vary by loan type 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 does a mortgage broker do in Alton Illinois?
A mortgage broker acts as an intermediary between you and potential lenders. They gather your financial information, shop for loan products, and help you complete the application process. In Illinois brokers must follow state disclosure rules under the Residential Mortgage License Act.
How do I choose a mortgage broker in Alton?
Look for a licensed broker with experience in Illinois lending. Check their license status on the Illinois Department of Financial and Professional Regulation website. Ask about their lender network and fees before committing.
Are there any Illinois specific rules for mortgage brokers?
Yes. Illinois requires mortgage brokers to provide a Good Faith Estimate of closing costs within three business days of application. Brokers must also disclose any fees or yield spread premiums they receive from lenders. These rules are part of the Illinois Residential Mortgage License Act.