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 10 mortgage brokers in Lake Elmo, 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.
Amber Garofalo at CrossCountry Mortgage
9591 60th St N Suite A, Lake Elmo, MN 55042
6513009411
Lake Elmo Bank
11465 39th St N, Lake Elmo, MN 55042
6517778365
Clifton Krotz - Mortgage Planner
8687 Eagle Point Blvd, Lake Elmo, MN 55042
6512624804
loanDepot
8687 Eagle Point Blvd, Lake Elmo, MN 55042
6514097100
James Vang - Welcome Home Loans
8530 Eagle Point Blvd Suite 100, Lake Elmo, MN 55042
6516616171
Josh McCarthy - Granite Mortgage
8687 Eagle Point Blvd, Lake Elmo, MN 55042
6512082037
Angela Nutter - NMLS 1391410
8687 Eagle Point Blvd, Lake Elmo, MN 55042
6519009074
Angela Hensley Loan Consultant
8687 Eagle Point Blvd, Lake Elmo, MN 55042
6127990749
Impact Mortgage LLC
2796 Lisbon Ave Ct N, Lake Elmo, MN 55042
6127502548
Free Mortgage Advice
3459 Lake Elmo Ave N, Lake Elmo, MN 55042
6514596000
What Does a Mortgage Broker in Lake Elmo Cost?
Mortgage broker fees in Minnesota typically range from 1% to 2% of the loan amount. For a $300,000 home, this means $3,000 to $6,000 in broker fees. Some brokers charge a flat fee instead, which can be $2,000 to $5,000. Costs vary based on loan complexity and lender requirements. 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 Lake Elmo do?
A mortgage broker acts as an intermediary between you and potential lenders. They gather your financial information, shop for loan options, and help you complete the application process. Brokers do not lend money directly but connect you with lenders.
How do I choose a mortgage broker in Lake Elmo Minnesota?
Check that the broker is licensed with the Minnesota Department of Commerce. Ask about their experience with local lenders and their fee structure. Read online reviews and interview at least two brokers before deciding.
Are mortgage brokers required to disclose fees in Minnesota?
Yes, Minnesota law requires mortgage brokers to provide a written Good Faith Estimate of all fees within three business days of your application. This includes origination fees, processing costs, and any third-party charges. Always review this document carefully.