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 9 va loan specialists in Alton, 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.
Sun Loan Company
192 Alton Square Mall Dr d, Alton, IL 62002
6184332815
World Finance
1752 Homer M Adams Pkwy, Alton, IL 62002
6184659330
Heights Finance
228 Regional Dr, Alton, IL 62002
6184620139
Mariner Finance
1837 Homer M Adams Pkwy Suite G-2, Alton, IL 62002
6184662728
Regional Finance
1837 Homer M Adams Pkwy Suite Q, Alton, IL 62002
6186192641
OneMain Financial
215 E Center Dr d, Alton, IL 62002
6184652566
Sports Afield Mortgage
3644 Fosterburg Rd, Alton, IL 62002
6184946491
Heartland Bank and Trust Company
200 Homer M Adams Pkwy, Alton, IL 62002
6184655656
Preferred Mortgage Services, Inc.
2375 East Homer M Adams Pkwy, Alton, IL 62002
6184635700
What Does a VA Loan Specialist in Alton Cost?
VA loan specialists in Alton typically charge a flat fee or an hourly rate for their services. Common fees range from $500 to $1,500 for loan processing assistance, though some specialists may charge a percentage of the loan amount, usually 0.5% to 1%. Illinois law caps certain lender fees under the Illinois Interest Act. Costs vary by situation and depend on factors like loan complexity and property type. 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 are the basic eligibility requirements for a VA loan in Alton?
To qualify for a VA loan in Alton, you must meet service requirements set by the VA, such as serving 90 consecutive days on active duty during wartime or 181 days during peacetime. You also need a valid Certificate of Eligibility from the VA. Illinois does not add extra state-level eligibility rules beyond federal standards.
Are there any Illinois-specific rules for VA loan appraisals?
Yes, Illinois requires that all VA loan appraisals comply with the Uniform Standards of Professional Appraisal Practice. Additionally, the appraiser must be licensed in Illinois. For Alton properties, the appraisal will check for safety issues like lead-based paint in homes built before 1978, which is a common concern in older Illinois homes.
Can I use a VA loan to buy a multi-unit property in Alton?
Yes, you can use a VA loan to purchase a multi-unit property up to four units in Alton, as long as you occupy one of the units as your primary residence. Illinois law does not restrict this use, but the property must meet VA minimum property requirements. Your specialist can help verify local zoning and occupancy rules.