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Mortgage Brokers in Downers Grove, IL

Compare mortgage brokers in Downers Grove. Review contact information and insurance categorys before you decide.

15 agents listed
Updated May 2026
Downers Grove, 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 15 mortgage brokers in Downers Grove, 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.
Neighborhood Loans: Downers Grove - NMLS ID: 222982
1333 Butterfield Rd Suite 600, Downers Grove, IL 60515
6302464777
Tammy Hajjar Miller / Neighborhood Loans
1333 Butterfield Rd Suite 600, Downers Grove, IL 60515
7737264374
Newrez LLC
1400 Opus Pl #830, Downers Grove, IL 60515
6304042877
Eric Hamilton at Rate (NMLS #414113)
5002 Main St Suite 201, Downers Grove, IL 60515
6303647571
Josh Hill - Mortgage Loan Officer - Neighborhood Loans
1333 Butterfield Rd, Downers Grove, IL 60515
7089354850
Rudy Lopez at Rate (NMLS #575505)
5002 Main St Suite 201, Downers Grove, IL 60515
6305814768
McGuire Lending Group
900 Ogden Ave, Downers Grove, IL 60515
6309711901
Dylan Kramer, Mortgage Broker, NMLS #224916
1333 Butterfield Rd, Downers Grove, IL 60515
6307087088
Fabian Herrera at Rate (NMLS #2174448)
5002 Main St Suite 201, Downers Grove, IL 60515
6308691052
Ron Bacza - Homeside Financial
1323 Butterfield Rd Suite #122, Downers Grove, IL 60515
6307889797
Keith Ulbrich at Rate (NMLS #442589)
5002 Main St Suite 201, Downers Grove, IL 60515
3127521308
Daniel M. Ortiz- Mortgage Team
5117 Main St ste c, Downers Grove, IL 60515
7738584527
The Mortgage Store Co
3808 Sterling Rd, Downers Grove, IL 60515
8478051818
Rate
5002 Main St Suite 201, Downers Grove, IL 60515
6303647571
Lester Tutak, VP of Mortgage Lending -Senior Financing / HECM Reverse Mortgages at Homeside Financial
1323 Butterfield Rd Suite #122, Downers Grove, IL 60515
8473319518

Mortgage brokers in Downers Grove help home buyers and refinancers find loan options from multiple lenders. Illinois law requires mortgage brokers to be licensed through the Illinois Department of Financial and Professional Regulation. Working with a local broker can simplify the process of securing a home loan in DuPage County.

What Does a Mortgage Broker in Downers Grove Cost?

Mortgage broker fees in Illinois typically range from 1% to 3% of the loan amount. For a $300,000 home loan this means $3,000 to $9,000 in broker fees. Some brokers charge a flat fee instead of a percentage. Costs vary based on loan type and lender requirements. 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 does a mortgage broker do in Downers Grove?
A mortgage broker acts as an intermediary between you and multiple lenders. They gather your financial documents and shop for loan options that fit your needs. Brokers handle the application process but do not fund loans themselves.
Do I need a license to be a mortgage broker in Illinois?
Yes. Illinois requires all mortgage brokers to hold a license from the Illinois Department of Financial and Professional Regulation. Brokers must also pass a background check and complete continuing education courses.
How long does it take to close a mortgage in Illinois?
Typical mortgage closings in Illinois take 30 to 45 days from application. Delays can occur if appraisals or title work take longer. Your broker can provide a timeline estimate based on your specific situation.