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Find Mortgage Brokers Near You in Palos Park, IL

Looking for a mortgage broker in Palos Park? Review the directory below to compare your options.

4 agents listed
Updated May 2026
Palos Park, 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 4 mortgage brokers in Palos 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.
Dan Rogers at Rate (NMLS #131966)
9646 W 131st St, Palos Park, IL 60464
7089064183
Linda Winge at Guaranteed Rate (NMLS #221663)
9646 W 131st St, Palos Park, IL 60464
7085720519
Izabel Dymora at Rate (NMLS #1607995)
9646 W 131st St, Palos Park, IL 60464
7083407975
Matt Ulmer at Rate (NMLS #190980)
9646 W 131st St, Palos Park, IL 60464
7089064184

Mortgage brokers in Palos Park Illinois help home buyers and property owners find suitable loan products 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 financing for a home in Palos Park or the surrounding Cook County area.

What Does a Mortgage Broker in Palos Park Cost?

Mortgage broker costs in Illinois typically include an origination fee of 0.5 percent to 2.75 percent of the loan amount. For a $300,000 loan, that fee could range from $1,500 to $8,250. Some brokers also charge application fees or processing fees. Illinois law requires brokers to disclose all fees in writing before you commit. 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 Palos Park Illinois?
A mortgage broker acts as an intermediary between you and potential lenders. They gather your financial information, shop for loan options, and help you apply for a mortgage. Brokers are required to follow Illinois licensing rules and disclose their fees upfront.
Do I need a license to be a mortgage broker in Illinois?
Yes. Illinois requires mortgage brokers to be licensed under the Residential Mortgage License Act. Licensees must pass a background check, complete pre-licensing education, and renew their license annually through the Nationwide Multistate Licensing System.
What is the typical cost to use a mortgage broker in Illinois?
Mortgage brokers in Illinois are paid through origination fees or lender-paid compensation. Origination fees usually range from 0.5 percent to 2.75 percent of the loan amount. Brokers must provide a Loan Estimate within three business days of your application showing all costs.