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 5 va loan specialists in Lake Zurich, 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.
Dovenmuehle Mortgage
1 Corporate Dr Ste 360, Lake Zurich, IL 60047
8006694268
Fairway Independent Mortgage Corporation
444 S Rand Rd Ste 303, Lake Zurich, IL 60047
8474879915
Matt Brua
444 S Rand Rd Ste 303, Lake Zurich, IL 60047
8474879915
Kevin Steermann - Chase Home Lending Advisor - NMLS ID 1374729
455 S Rand Rd, Lake Zurich, IL 60047
6304428918
Mortgage, Bank of America
790 W Main St, Lake Zurich, IL 60047
2242283709
What Does a VA Loan Specialist in Lake Zurich Cost?
VA loan specialist fees in Illinois typically range from 0.5% to 1.5% of the loan amount, though some specialists charge a flat fee between $500 and $1,500. The VA funding fee for first time use is 2.15% for regular military and 2.4% for Reserve and National Guard, with reduced rates for subsequent uses. Costs vary by situation and lender. 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 VA loan specialist in Lake Zurich do?
A VA loan specialist helps veterans obtain a VA backed home loan. They assist with the application process, coordinate with lenders, and ensure the property meets VA minimum property requirements. In Illinois, they also help with county specific tax and recording rules.
Do I need a VA loan specialist in Lake Zurich or can I use any lender?
You can use any VA approved lender, but a specialist familiar with Lake Zurich and Illinois law can streamline the process. They know local appraisal districts and can help with Illinois specific issues like property tax exemptions for disabled veterans.
What are the Illinois specific rules for VA loans?
Illinois follows federal VA guidelines but has state specific property tax exemptions for veterans with service connected disabilities. The funding fee may be waived for veterans receiving VA disability compensation. Illinois also requires a certificate of good standing for the property title.