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 Minnesota before hiring.
Showing 8 mortgage brokers in Coon Rapids, MN
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
New American Funding - Coon Rapids
10160 Foley Blvd NW Ste. 200, Coon Rapids, MN 55448
7633401942
New American Funding - Bob Haft
10160 Foley Blvd NW Ste. 200, Coon Rapids, MN 55448
7633638007
CMG Financial - Scott Miller Sales Manager
8960 Springbrook Dr NW Suite 200, Coon Rapids, MN 55433
6127517268
Equity Source Mortgage
930 111th Ave NW, Coon Rapids, MN 55448
7636572000
Christopher Gams
8960 Springbrook Dr Suite 200, Coon Rapids, MN 55433
6122451488
Scott Miller
8960 Springbrook Dr, Coon Rapids, MN 55433
6127517268
Alan Tomczak
8960 Springbrook Dr NW Suite 200, Coon Rapids, MN 55433
7634655331
American Mortgage & Equity Consultants, Inc
200 Coon Rapids Blvd NW #225, Coon Rapids, MN 55433
7632357662
What Does a Mortgage Broker in Coon Rapids Cost?
Mortgage broker costs in Minnesota typically range from 1% to 3% of the loan amount. For a $300,000 home, this could be $3,000 to $9,000. Some brokers charge a flat fee instead of a percentage. Costs vary based on loan type, complexity, and lender terms. Minnesota law requires brokers to disclose all fees in a Loan Estimate within three business days of your application. 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 Coon Rapids?
A mortgage broker acts as an intermediary between you and multiple lenders. They gather your financial information, shop for loan options, and help you apply for a mortgage. They do not lend money directly but connect you with lenders who may offer suitable terms.
Is a mortgage broker required to be licensed in Minnesota?
Yes, mortgage brokers must be licensed through the Minnesota Department of Commerce. You can verify a brokers license on the departments website. This ensures the broker meets state education and background check requirements.
How do I choose a mortgage broker in Coon Rapids?
Look for a broker with experience in the Coon Rapids area and ask about their familiarity with Minnesota Housing programs. Check their license status and read client reviews. Interview multiple brokers to compare their services and fee structures before deciding.