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 lenders in Kankakee, 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.
Tower Loan
105 E Court St, Kankakee, IL 60901
8153481996
World Finance
6 Meadowview Center, Kankakee, IL 60901
8159291652
Heights Finance
70 Meadowview Center # 402, Kankakee, IL 60901
8152696356
OneMain Financial
1010 N 5th Ave, Kankakee, IL 60901
8159326781
Peoples Bank of Kankakee
333 E Court St, Kankakee, IL 60901
8159367600
Midland States Bank
255 E Station St, Kankakee, IL 60901
8159372800
First Trust Bank of Illinois
275 E Court St Suite 201, Kankakee, IL 60901
8159294000
PNC Mortgage
1 Dearborn Square, Kankakee, IL 60901
8159353600
What Does a Mortgage Lender in Kankakee Cost?
Typical mortgage lender costs in Illinois include an origination fee of 0.5% to 1% of the loan amount, an appraisal fee of $400 to $700, and a credit report fee of $30 to $50. Closing costs in Kankakee usually range from 2% to 5% of the purchase price. These costs vary by lender, loan type, and property value. 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 documents do I need to apply for a mortgage in Kankakee?
You typically need pay stubs, tax returns, bank statements, and photo identification. Illinois lenders also require proof of homeowners insurance before closing. The exact list varies by loan type and lender.
How long does the mortgage process take in Illinois?
The process usually takes 30 to 45 days from application to closing. Illinois law allows a three day rescission period after signing for refinances but not for purchase loans. Delays can happen if appraisals or title work take longer.
Are there first time home buyer programs in Kankakee Illinois?
Yes the Illinois Housing Development Authority offers down payment assistance and lower interest rates for first time buyers in Kankakee County. Local programs may also be available through the city or county. Eligibility depends on income and purchase price limits.