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2024

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Best Mortgage Brokers in Chicago, IL

Our Recommended Top 17

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Chicago Mortgage Brokers on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

706Reviewed

430Curated

17Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

1455 West Hubbard Street, Chicago, IL 60642
WebsiteLicense: 137767

Expertise.com Rating

Review Sources

Zillow
5.0 (375)
Facebook
5.0 (35)
Google
4.5 (23)

Why choose this provider?

Chicago Financial Services, Inc. is a residential mortgage broker serving the Chicago metro. It has over 30 years of experience providing mortgage services tailored to each client's needs and priorities. The company offers services for the purchasing and refinancing of primary and secondary investment properties. It has a broad range of specialty mortgage lending solutions, including programs on IHDA, medical doctors, and micro-market recovery. Its team of brokers provides financial advice on residential mortgages and assists clients through the entire process.

  • Commercial Loans
  • Residential Mortgages

2409 West 104th Street, Chicago, IL 60655
WebsiteLicense: 215685

Expertise.com Rating

Review Sources

Google
5.0 (107)
Facebook
5.0 (14)

Why choose this provider?

Corby Mortgage Services Inc. is located in Chicago and serves clients through its varied selection of financing options and refinancing services. Its portfolio of financing options includes fixed-rate mortgages as well as jumbo, VA, and FHA loan programs. Its mortgage advisors can also assist clients in restructuring their loans to lower monthly payments or acquire cash equity. Corby Mortgage Services has been operating since 1999 and is currently licensed in the states of Illinois, Wisconsin and Indiana.

  • New Construction
  • Refinance
  • Purchases

2101 West Division Street, Chicago, IL 60622
WebsiteLicense: 1947845

Expertise.com Rating

Review Sources

Google
4.0 (43)
Facebook
5.0 (36)

Why choose this provider?

iLoan is a full-service mortgage company that provides financial solutions for homebuyers in Chicago and nearby communities. The firm guides individuals and families in choosing the right home loan suitable for their needs and financial capabilities. Its mortgage brokers represent multiple carriers that carry a varied array of home loan products. These include conventional, fixed-rate, VA, FHA, and reverse mortgage loans. The team also assists clients who wish to refinance their current mortgages. The company has been around since 2009.

  • Refinance

2421 North Ashland Avenue, Chicago, IL 60614
WebsiteLicense: 135321

Expertise.com Rating

Review Sources

Google
5.0 (594)
Zillow
5.0 (229)
Yelp
4.0 (12)

Why choose this provider?

Anderson Financial Group, Inc., is a mortgage brokerage that has been serving the Chicago metro for more than 23 years. It offers several financing options, such as FRMs, ARMs, hybrid ARMs, FHA and VA loans, reverse mortgages, and balloon mortgages, to first-time homeowners and those looking to refinance. Mike Anderson, the company's founder, began a career in the mortgage industry in Illinois. Currently, the business is also licensed in several states, such as Arizona, California, Florida, Michigan, Indiana, and Wisconsin.

  • New Construction
  • Refinance

161 North Clark Street, Chicago, IL 60601
WebsiteLicense: 1606823

Expertise.com Rating

Review Sources

Google
5.0 (33)
Yelp
5.0 (2)

Why choose this provider?

Senior Reverse Mortgage Group, Inc., is a local mortgage brokerage that serves clients in Chicago. It specializes in helping older people obtain reverse mortgage loans. It also works with several lenders on a wholesale level and has 20 years of experience in the industry. As a local business, Senior Reverse Mortgage Group strives to be updated on laws and housing market developments in the metro. It also uses various mortgage financing strategies, such as HECM loans and home equities.

  • Reverse Mortgages

1800 West Larchmont Avenue, Chicago, IL 60613
WebsiteLicense: 223778

Expertise.com Rating

Review Sources

Google
5.0 (33)
Yelp
5.0 (6)
Facebook
3.0 (2)

Why choose this provider?

Kyle Gillespie of Proper Rate has been in the mortgage industry since 2003. In his career, he has closed over $800 million in loan volume. Kyle works with borrowers in Chicago who want to buy a new house, refinance an existing one, or invest in real estate. Through Proper Rate's networks, he offers his clients various lending programs and rate structures to choose from. Furthermore, Proper Rate also aims to provide personalized loan solutions, simplify closing processes, and reduce closing times for its clients.

  • Purchase Transactions

1700 West Cortland Street, Chicago, IL 60622
WebsiteLicense: 150580
Website

Expertise.com Rating

Review Sources

Google
4.0 (104)
Yelp
4.0 (8)
Facebook
5.0 (4)

Why choose this provider?

NewCastle Home Loans is a mortgage financing company serving the Chicago metro area and nearby communities. The firm helps homebuyers acquire a mortgage loan to satisfy their purchasing needs. The agency specializes in a variety of home loan products, such as VA, FHA, DPA, DACA, and renovation loans. The company also assists clients who wish to lower their current mortgage through mortgage refinancing. Established in 2003, the firm leverages technology to give clients a real-time comparison of loan rates from various providers.

  • Refinance

140 North Barrington Road, Streamwood, IL 60107
WebsiteLicense: 1589564

Expertise.com Rating

Review Sources

Google
5.0 (58)
Facebook
4.0 (11)

Why choose this provider?

Connor Keough is a mortgage broker with Resonate Mortgage who caters to clients in Chicago and the surrounding communities. He offers a wide range of mortgage rate options, including ARMs, fixed-rate, interest-only, and graduated payments. In addition, he provides loan programs, such as FHA, jumbo, USDA, and VA. Connor focuses on customer service through researching and customizing financial solutions. He makes himself involved in making positive changes in his community by taking part in the Dvorak Park Advisory Council.

  • Refinance

246 East Janata Boulevard, Lombard, IL 60148
WebsiteLicense: 169740

Expertise.com Rating

Review Sources

Yelp
5.0 (14)

Why choose this provider?

Market Place Mortgage Corporation has been helping clients in the Chicago area with purchases and refinance funding for more than 25 years. The BBB accredited firm commits to finding clients the best loan program based on individual needs and budgets. Clients can always expect to work with knowledgeable, experienced professionals and receive exceptional service. The firm specializes in obtaining pre-approvals, new home purchases, refinancing, no equity refinancing, home equity loans, and reverse mortgages. Market Place Mortgage Corporation is fully licensed to deliver transparent solutions and tools to help customers navigate the complex world of mortgage lending.

  • New Construction
  • Refinance

7434 North Harlem Avenue, Chicago, IL 60631
WebsiteLicense: 135531

Expertise.com Rating

Review Sources

Facebook
5.0 (3)

Why choose this provider?

Northpoint Lending Group offers personalized service in helping secure the right home loan for Chicago-area customers. The firm has a comprehensive network of lender relationships to get the most competitive mortgage rates available to meet individual client needs. Northpoint Lending Group is an Illinois Residential Mortgage Licensee and has been finding the best mortgages for clients for more than 20 years. The firm offers a range of finance options including competitive fixed and adjustable rates, Jumbo, Super Jumbo, commercial, and portfolio loans.

  • New Construction
  • Refinance

4327 West Irving Park Road, Chicago, IL 60641
WebsiteLicense: 425763

Expertise.com Rating

Review Sources

Google
5.0 (19)

Why choose this provider?

Ryan Skaggs caters to the purchasing needs of homeowners in the North Shore and Chicago metropolitan areas by mainly offering jumbo financing assistance. He serves as the senior vice president of mortgage lending with locally based neighborhood loans. Skaggs offers several loan programs from adjustable-rate, conventional, and VA, to FHA mortgages. Clients looking to lower their monthly payments, get a better interest rate, pay off their mortgage quickly, or get cash out of their home equity for renovations can consult Ryan for available refinancing programs.

  • Refinance

1 Mid America Plaza, Oakbrook Terrace, IL 60181
WebsiteLicense: 227765

Expertise.com Rating

Review Sources

Google
5.0 (76)
Facebook
5.0 (10)

Why choose this provider?

eClick Lending is an online mortgage company offering varied loan options to Chicago residents. This company specializes in helping its clients achieve home loans that are appropriate for their current needs and budgets. It offers multiple loan options encompassing fixed-rate mortgage, FHA, VA, and jumbo home loans. eClick Lending offers assistance to first-time homebuyers and homeowners looking to refinance. The company also provides down payment options and investment property loans. eClick Lending is an Equal Housing lender.

  • Refinance

415 N Lasalle St Ste 402, Chicago, IL 60654
WebsiteLicense: 230942

Expertise.com Rating

Review Sources

Zillow
5.0 (260)
Google
5.0 (176)
Yelp
5.0 (33)

Why choose this provider?

Mike Del Preto is a mortgage advisor at Fairway Independent Mortgage Corporation, serving clients in the Chicago area. He started his career in the mortgage business in 2005 after completing his degree in finance. Del Preto assists clients planning to purchase or refinance their home, providing loan information based on their situation and financial goals. With a unique educational approach and always treating his clients like he’d like to be treated, Del Preto is different than other mortgage lenders. He believes that empowered and educated clients will have an enjoyable and comfortable home-buying experience.

  • Education
  • First Time Home Buyers
  • Jumbo Loans

1440 Lee Street, Des Plaines, IL 60018
WebsiteLicense: 379626

Expertise.com Rating

Review Sources

Google
5.0 (45)
Facebook
5.0 (3)
Yelp
5.0 (1)

Why choose this provider?

Mega Mortgage Services in Chicago is a full-service mortgage brokerage that provides home financing and refinancing solutions. The company is composed of NMLS-certified mortgage advisors that source and analyze mortgage options for clients. Some of its loan and mortgage programs include conventional loans, VA loans, jumbo loans, and FHA loans. It also provides refinancing options that help clients reduce their monthly mortgage rates, cash out equity, and reduce their monthly mortgage payments.

  • Refinance
  • Purchase Transactions

1945 North Elston Avenue, Chicago, IL 60647
WebsiteLicense: 19291

Expertise.com Rating

Review Sources

Yelp
4.5 (59)

Why choose this provider?

A & N Mortgage is a mortgage company serving clients in Chicago. Its team of mortgage consultants offers a wide selection of loan programs, including home equity fixed loans and balloon, fixed, and adjustable-rate mortgages. They also provide imperfect credit and stated income programs. These professionals aim to tailor the programs to the client's financial situation and objectives. They have the local market knowledge to assist in the real estate buying and selling processes. A & N Mortgage is licensed to serve six other states.

  • New Construction
  • Refinance

1978 West Wilson Street, Batavia, IL 60510
WebsiteLicense: 172606

Expertise.com Rating

Review Sources

Zillow
5.0 (3)

Why choose this provider?

First State Mortgage is a brokerage company that serves the Chicago metro area. Since its founding, it has provided residential mortgage services to residents for more than 14 years. The company has mortgage lending capabilities in most states across the country. Some of its products include 30-year and 15-year fixed-rate mortgages, VA loans, adjustable-rate mortgages (ARMs), USDA rural housing loans, and IHDA loans. First State Mortgage is a wholly owned subsidiary of First State Bank and a member of the FDIC.

  • Refinance

1020 Milwaukee Avenue, Deerfield, IL 60015
WebsiteLicense: 231718

Expertise.com Rating

Review Sources

Google
5.0 (17)
Zillow
5.0 (13)
Yelp
5.0 (8)

Why choose this provider?

Infiniti Financial Group, Inc., is a mortgage brokerage with over 10 years of experience in providing loans and services to Chicago and the nearby areas. It offers loan options for first-time home purchasers, refinancers, and seasoned investors. The company offers 15-year and 30-year fixed-rate mortgages, FHA and VA home loans, and adjustable-rate mortgage options. Infiniti Financial Group also aims to use up-to-date comparative analysis technology to research and compare various loan programs and find the best fit for its clients.

  • Refinance

Compare our Top Mortgage Brokers

NameExpertise RatingAddressPromotionsLearn more
Chicago Financial Services, Inc
1455 West Hubbard Street, Chicago, IL 60642
Corby Mortgage
2409 West 104th Street, Chicago, IL 60655
iLoan
2101 West Division Street, Chicago, IL 60622
Anderson Financial Group, Inc.
2421 North Ashland Avenue, Chicago, IL 60614
Senior Reverse Mortgage Group, Inc.
161 North Clark Street, Chicago, IL 60601
Kyle Gillespie
1800 West Larchmont Avenue, Chicago, IL 60613
NewCastle Home Loans
1700 West Cortland Street, Chicago, IL 60622
Connor Keough
140 North Barrington Road, Streamwood, IL 60107
Market Place Mortgage Corp.
246 East Janata Boulevard, Lombard, IL 60148
NorthPoint Lending Group, Inc.
7434 North Harlem Avenue, Chicago, IL 60631
Ryan Skaggs
4327 West Irving Park Road, Chicago, IL 60641
eClick Lending
1 Mid America Plaza, Oakbrook Terrace, IL 60181
Mike Del Preto
415 N Lasalle St Ste 402, Chicago, IL 60654
Mega Mortgage Services
1440 Lee Street, Des Plaines, IL 60018
A & N Mortgage
1945 North Elston Avenue, Chicago, IL 60647
First State Mortgage
1978 West Wilson Street, Batavia, IL 60510
Infiniti Financial Group, Inc.
1020 Milwaukee Avenue, Deerfield, IL 60015

FAQs

  • Introduction

    It’s the American dream to buy property, and almost everyone who purchases a home does so with the help of a mortgage broker. It can be intimidating when you don’t know where to begin, what information is necessary, and how to receive a loan. A mortgage broker acts as an intermediary between the applicant and the financial institution.


    The mortgage broker’s role includes comparing loan terms across lenders to find applicants the best options, collecting paperwork the financial institution needs to analyze the application, and guiding the buyer through the underwriting and closing processes. Mortgage brokers can significantly simplify the home buying process.

  • Can mortgage brokers work across state lines?

    Yes, mortgage brokers can work across state lines. However, each state has different licensing requirements for mortgage brokers. Customers should ensure their broker can legally work in another state before going across state lines. Lastly, don’t forget the mortgage process is often time-sensitive, so being in different time zones can be problematic.

  • How do mortgage brokers find lenders?

    Mortgage brokers work independently and act as a bridge between the client and the lender. They reach out to several lenders to form a network and build professional relationships with those they work with often. They use lenders who best meet a client's rates and terms, and some lenders only do business through mortgage brokers.  

  • What credit score do mortgage brokers use?

    There are two credit scoring models in the United States: FICO and VantageScore. Mortgage lenders typically prefer to use FICO. However, each credit bureau uses a different version of the FICO score:

    • Experian uses FICO Score 2
    • Equifax uses FICO Score 5
    • TransUnion uses FICO Score 4

  • Do mortgage brokers help with refinancing?

    Yes, mortgage brokers can help with refinancing. Individuals who have a solid credit score will typically go to their bank to refinance their mortgage. However, if you don't have excellent credit, a mortgage broker may be able to secure you a better interest rate than you could get on your own.

    You pay a fee to the mortgage broker, so you'll want to consider this fee versus your savings in your cost-benefit analysis.
  • Can you work with two mortgage brokers?

    You can definitely work with two mortgage brokers. The advantage of using multiple brokers is that you'll have two people reaching out to several lenders to secure the best rate possible. However, you must ensure you provide matching information to all your brokers. If two brokers provide mismatched information about your application to the same lender, it can send off red flags and delay your approval process.

  • Do mortgage brokers get better deals?

    Yes, a mortgage broker should be able to get you a better deal. Mortgage brokers go to several lenders on your behalf and find the one with the best terms and interest rates. However, note that some mortgage brokers have preferred lenders. A broker may bring you their preferred lender's offer, even if it's not the best one; however, this isn't a regular practice.