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 8 mortgage brokers in Forsyth, 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.
Jeff Ludwick - COUNTRY Financial Representative
133 Barnett Ave #1, Forsyth, IL 62535
2178772830
Zac Young - COUNTRY Financial Representative
133 Barnett Ave #1, Forsyth, IL 62535
2178757480
Draper and Kramer Mortgage Corp.
133 Barnett Ave Unit 1A, Forsyth, IL 62535
2178755870
Decatur Earthmover Credit Union
260 Marion Ave, Forsyth, IL 62535
2178728170
Hickory Point Bank & Trust
165 W Weaver Rd, Forsyth, IL 62535
2178723967
Amanda Hayden - COUNTRY Financial Representative
332 W Marion Ave Ste 2, Forsyth, IL 62535
2178772831
New American Funding - Forsyth, IL
133 Barnett Ave #1, Forsyth, IL 62535
4474421197
Edward Jones - Financial Advisor: Angela E Daniels, AAMS®
247 Lucile Ave, Forsyth, IL 62535
2178582975
What Does a Mortgage Broker in Forsyth Cost?
Mortgage broker fees in Illinois typically range from 1% to 2% of the loan amount. For a $200,000 loan, this could be $2,000 to $4,000. Some brokers may charge a flat fee or receive compensation from the lender. Costs vary based on loan type, loan size, and the brokers fee arrangement. 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 in Forsyth do?
A mortgage broker acts as an intermediary between you and various lenders. They gather your financial information, shop for loan options, and help you complete the application process. They do not lend money directly but connect you with lenders who may approve your loan.
Are mortgage brokers in Illinois regulated?
Yes, mortgage brokers in Illinois must be licensed under the Residential Mortgage License Act. They are regulated by the Illinois Department of Financial and Professional Regulation. This ensures they follow state rules on fees, disclosures, and fair lending practices.