When it comes to finding the best mortgage brokers in Chicago, the search can often feel overwhelming and daunting. With so many options to choose from, how can you be sure you’re making the right choice for your financial future? Look no further – we’ve done the research, sifted through the options, and compiled a list of the top mortgage brokers in Chicago to make your decision easier. Whether you’re a first-time homebuyer or looking to refinance, finding the right mortgage broker is crucial. Join us as we delve into the world of Chicago’s finest mortgage brokers and discover who can help you secure the best deal for your dream home.
5 Best Mortgage Brokers in Chicago
Chicago boasts a plethora of mortgage brokers, each claiming to offer the best services in the city. To aid you in your search for the perfect match, we’ve meticulously evaluated numerous brokers based on their expertise, customer satisfaction, and overall performance. Our curated list features the top five mortgage brokers in Chicago who have consistently received rave reviews for their exceptional services and unwavering dedication to their clients. Let’s explore the cream of the crop in the windy city’s mortgage industry.
Name | Address | Rating | Reviews |
|---|---|---|---|
Mike Del Preto Mortgage Advisor | 415 N La Salle Dr #402, Chicago, IL 60654 | ⭐⭐⭐⭐⭐ 5 | 264 |
NewCastle Home Loans, Mortgage Lender | 1700 W Cortland St, Chicago, IL 60622 | ⭐⭐⭐⭐⭐ 4.9 | 133 |
Connor Keough Mortgage Broker | 3520 S Morgan St Suite 231, Chicago, IL 60609 | ⭐⭐⭐⭐⭐ 5 | 128 |
Mike J Facchini – Fairway Independent Mortgage Corporation Branch Manager | 415 N La Salle Dr Suite 402, Chicago, IL 60654 | ⭐⭐⭐⭐⭐ 5 | 57 |
A and N Mortgage Services, Inc. | 1945 N Elston Ave, Chicago, IL 60642 | ⭐⭐⭐⭐⭐ 5 | 43 |
Mike Del Preto Mortgage Advisor
Mike Del Preto Mortgage Advisor is highly recommended by satisfied clients for his exceptional service in helping them purchase their first homes. Clients praise his team’s efficiency, clear communication, and commitment to securing the best deals. With a focus on educating first-time buyers and making the process smooth, Mike Del Preto has built a reputation for his impeccable integrity and top-level professionalism.
What We Liked:
- Efficient and thorough team support
- Clear and explanatory guidance for first-time home buyers
- Commitment to securing the best deals
- Easy accessibility and communication with the team
- Impeccable integrity and professionalism
- No negative feedback provided
Rating Scores:
- Efficiency: 5 ⭐⭐⭐⭐⭐
- Communication: 5 ⭐⭐⭐⭐⭐
- Professionalism: 5 ⭐⭐⭐⭐⭐
- Integrity: 5 ⭐⭐⭐⭐⭐
- Overall Experience: 5 ⭐⭐⭐⭐⭐
Overall Score: 5/5 ⭐⭐⭐⭐⭐
Mike Del Preto Mortgage Advisor stands out for his exceptional service, making the home buying process smooth and educational for first-time buyers. His dedication to securing the best deals while maintaining clear communication and professionalism earns him a perfect rating.
Contact Details
Logo | Name | Address | Google Map URL | Website | Phone |
|---|---|---|---|---|---|
 | Mike Del Preto Mortgage Advisor | 415 N La Salle Dr #402, Chicago, IL 60654, United States | (312) 488-0552 |
NewCastle Home Loans, Mortgage Lender
NewCastle Home Loans, led by Jim Quist, has garnered exceptional praise from satisfied clients for their outstanding service in providing tailored home loans. Clients appreciate the seamless and stress-free process, personalized attention, and commitment to ensuring the best mortgage terms. Jim and his team are commended for their professionalism, communication skills, and unwavering dedication to their clients’ financial well-being.
What We Liked:
- Tailored home loans to meet specific needs
- Seamless and stress-free process
- Exceptional customer service and communication
- Commitment to securing the best mortgage terms
- Unwavering dedication to clients’ best interests
- No negative feedback provided
Rating Scores:
- Tailored Solutions: 5 ⭐⭐⭐⭐⭐
- Customer Service: 5 ⭐⭐⭐⭐⭐
- Professionalism: 5 ⭐⭐⭐⭐⭐
- Communication: 5 ⭐⭐⭐⭐⭐
- Overall Experience: 5 ⭐⭐⭐⭐⭐
Overall Score: 5/5 ⭐⭐⭐⭐⭐
NewCastle Home Loans, under the leadership of Jim Quist, excels in providing personalized and stress-free home loan experiences. Their commitment to exceptional customer service, professionalism, and securing the best mortgage terms sets them apart in the industry. Clients highly recommend NewCastle Home Loans for a seamless and tailored home loan process.
Contact Details
Logo | Name | Address | Google Map URL | Website | Phone |
|---|---|---|---|---|---|
/aa-Frank/NCHLLOGO_0608.svg) | NewCastle Home Loans, Mortgage Lender | 1700 W Cortland St, Chicago, IL 60622, United States | +17734861100 |
Connor Keough Mortgage Broker
Connor Keough Mortgage Broker, along with his dedicated team, has received glowing reviews from satisfied clients for their exceptional service in facilitating smooth home purchases. Clients commend Connor and his team for their attention to detail, excellent communication, and ability to navigate through challenges during the home buying process.
What We Liked:
- Dedication to resolving issues during the underwriting process
- Excellent communication and responsiveness
- Detailed guidance and support throughout the home buying journey
- Smooth and well-coordinated closing process
- Knowledgeable and informative assistance
- No negative feedback provided
Rating Scores:
- Issue Resolution: 5 ⭐⭐⭐⭐⭐
- Communication: 5 ⭐⭐⭐⭐⭐
- Support and Guidance: 5 ⭐⭐⭐⭐⭐
- Closing Process: 5 ⭐⭐⭐⭐⭐
- Overall Experience: 5 ⭐⭐⭐⭐⭐
Overall Score: 5/5 ⭐⭐⭐⭐⭐
Connor Keough Mortgage Broker and his team shine in providing a seamless and supportive home buying experience for their clients. With a focus on clear communication, attention to detail, and expert guidance, Connor and his team have successfully helped clients achieve their dream of homeownership. Clients highly recommend Connor Keough Mortgage Broker for a stress-free and well-coordinated home buying process.
Contact Details
Name | Address | Google Map URL | Website | Phone |
|---|---|---|---|---|
Connor Keough Mortgage Broker | 3520 S Morgan St Suite 231, Chicago, IL 60609, United States | (708) 297-8045 |
Mike J Facchini – Fairway Independent Mortgage Corporation Branch Manager
Mike J Facchini, leading the team at Fairway Independent Mortgage Corporation, has garnered exceptional praise from clients for his outstanding service in facilitating smooth and efficient home purchases. Clients appreciate the team’s clear communication, responsiveness, and tailored approach to meet individual needs during the home buying process.
What We Liked:
- Understanding of client needs and timelines
- Clear and prompt communication throughout the process
- Tailored home buying plan to suit individual requirements
- Responsive and expert team support
- Ability to secure competitive rates and process loans efficiently
- No negative feedback provided
Rating Scores:
- Understanding Client Needs: 5 ⭐⭐⭐⭐⭐
- Communication: 5 ⭐⭐⭐⭐⭐
- Tailored Solutions: 5 ⭐⭐⭐⭐⭐
- Team Support: 5 ⭐⭐⭐⭐⭐
- Efficiency: 5 ⭐⭐⭐⭐⭐
Overall Score: 5/5 ⭐⭐⭐⭐⭐
Mike J Facchini and his team at Fairway Independent Mortgage Corporation excel in providing top-notch service, tailored solutions, and expert guidance for clients navigating the home buying process. With a strong focus on clear communication, responsiveness, and securing competitive rates, clients highly recommend Mike and his team for a stress-free and successful home purchase experience.
Contact Details
Logo | Name | Address | Google Map URL | Website | Phone |
|---|---|---|---|---|---|
 | Mike J Facchini – Fairway Independent Mortgage Corporation Branch Manager | 415 N La Salle Dr Suite 402, Chicago, IL 60654, United States | +17737326052 |
A and N Mortgage Services, Inc.
A and N Mortgage Services, Inc., led by a dedicated team including Maria, Landon, Savannah, Lauren, and Gant, has received outstanding reviews from clients for their exceptional service in providing informative and stress-free home buying experiences. Clients praise the team’s clear communication, patience, and unwavering dedication to guiding them through the mortgage process.
What We Liked:
- Clear communication and keeping clients informed
- Patient and informative guidance throughout the process
- Expertise and knowledge demonstrated by the team
- Dedication to addressing client questions and concerns
- Professionalism and attention to detail in handling the mortgage application process
- No negative feedback provided
Rating Scores:
- Communication: 5 ⭐⭐⭐⭐⭐
- Guidance and Support: 5 ⭐⭐⭐⭐⭐
- Expertise: 5 ⭐⭐⭐⭐⭐
- Professionalism: 5 ⭐⭐⭐⭐⭐
- Overall Experience: 5 ⭐⭐⭐⭐⭐
Overall Score: 5/5 ⭐⭐⭐⭐⭐
A and N Mortgage Services, Inc. stands out for their exceptional service, knowledgeable team, and dedication to providing stress-free home buying experiences. Clients highly recommend the team for their clear communication, expertise, and professionalism in guiding them through the mortgage process. A top choice for those seeking a seamless and informative home buying journey.
Contact Details
Logo | Name | Address | Google Map URL | Website | Phone |
|---|---|---|---|---|---|
 | A and N Mortgage Services, Inc. | 1945 N Elston Ave, Chicago, IL 60642, United States | (773) 305-5626 |
What is The Cost of Best Mortgage Brokers in Chicago
Understanding the cost associated with engaging the services of the best mortgage brokers in Chicago is crucial for budget-conscious homebuyers. While broker fees can vary based on several factors, including the complexity of the loan, the loan amount, and the broker’s fee structure, we’ve compiled an overview of the typical costs you can expect when working with a top mortgage broker in Chicago:
Fee Type | Average Cost |
|---|---|
Origination Fee | $1,500 – $2,500 |
Application Fee | $300 – $500 |
Credit Check Fee | $30 – $50 |
Appraisal Fee | $400 – $600 |
Underwriting Fee | $800 – $1,000 |
Processing Fee | $300 – $500 |
Broker Commission (0.5-2%) | $2,500 – $10,000 |
Factors such as the complexity of your financial situation, credit score, and the loan amount can influence these costs. It’s essential to discuss fees upfront with your chosen broker to ensure transparency and avoid any surprises during the mortgage process.
When working with the best mortgage brokers in Chicago, you can expect a high level of service and expertise that justifies the associated costs. These professionals go above and beyond to secure competitive loan options and guide you through the complexities of the mortgage landscape, providing invaluable support every step of the way. Investing in a top mortgage broker can ultimately save you time, money, and stress in the long run, making it a worthwhile expense for many homebuyers.
FAQ
1. What services do mortgage brokers in Chicago offer?
Mortgage brokers in Chicago assist clients in finding and securing home loans by connecting them with lenders, comparing loan options, and guiding them through the mortgage application process.
2. How do I choose the best mortgage broker in Chicago?
When selecting a mortgage broker in Chicago, consider factors such as their expertise, customer reviews, rates and terms offered, communication style, and overall reputation to ensure you find the best match for your needs.
3. Are mortgage broker fees negotiable?
Yes, mortgage broker fees are often negotiable. It’s advisable to discuss fees with your broker upfront and see if there is room for negotiation based on the services provided and the loan terms.
4. Can I use a mortgage broker if I have bad credit?
Yes, you can still work with a mortgage broker in Chicago if you have bad credit. Brokers have access to a variety of lenders, some of whom specialize in working with clients with less-than-perfect credit scores.
5. How long does it take to close a loan with a mortgage broker in Chicago?
The timeline to close a loan with a mortgage broker in Chicago can vary based on factors such as the complexity of the loan, the lender’s processing times, and the efficiency of your documentation submission. On average, the process can take anywhere from 30 to 45 days.
Conclusion
In conclusion, choosing the best mortgage broker in Chicago is a pivotal decision in your homebuying journey. By considering factors such as expertise, customer satisfaction, rates, and communication, you can find a broker who not only meets but exceeds your expectations. While the costs associated with top mortgage brokers may vary, the value they bring in securing the best loan options and providing invaluable support is immeasurable.
Working with a reputable mortgage broker can streamline the often complex and overwhelming mortgage process, saving you time, money, and stress along the way. Whether you’re a first-time homebuyer or a seasoned homeowner looking to refinance, the guidance and expertise of a top mortgage broker can make all the difference in achieving your homeownership goals.
Remember, the best mortgage brokers in Chicago are not just facilitators of loans; they are your partners in realizing your dream of homeownership. Choose wisely, leverage their expertise, and embark on your homebuying journey with confidence, knowing you have a trusted professional by your side every step of the way.
How We Picked Best Mortgage Brokers in Chicago
In selecting the best mortgage brokers in Chicago, we employed a rigorous evaluation process to ensure that only the most reputable and reliable professionals made our list. Here’s a glimpse into our methodology:
Expertise: We scrutinized each broker’s industry experience, certifications, and knowledge of the Chicago real estate market. Only brokers with a deep understanding of mortgage products and lending practices made the cut.
Customer Satisfaction: Client feedback played a pivotal role in our selection process. We analyzed testimonials, reviews, and ratings to gauge each broker’s track record of customer satisfaction and service excellence.
Rates and Terms: We compared the rates, terms, and loan options offered by different brokers to identify those who provide competitive deals tailored to meet the diverse needs of Chicago homebuyers.
Communication and Support: Effective communication and personalized support are crucial when navigating the mortgage process. We prioritized brokers who offer clear, transparent communication and guidance every step of the way.
Reputation and Reliability: Reputation is key in the mortgage industry. We considered the reputation and reliability of each broker, looking for professionals known for their integrity, professionalism, and commitment to client success.
By meticulously evaluating these key criteria, we were able to pinpoint the best mortgage brokers in Chicago who excel in all aspects of their service delivery, ensuring a seamless and satisfactory experience for every client.