Expertise.com

2024

Last updated:

Best Mortgage Brokers in Joliet

Our Recommended Top 13

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 Joliet Mortgage Brokers on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

48Reviewed

34Curated

13Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
16530 106th Court, Orland Park, IL 60467
  • New Construction
  • Refinance
  • Reverse Mortgages

Why choose this provider?

Founded in 2003, Real Estate Resource Home Loans is a full-service mortgage firm offering home financing services in Joliet and beyond. Composed of a team of experienced loan specialists, this firm guides borrowers through the whole purchase loan or refinance process. It provides a full range of conventional and government loan options, including FHA loans, Jumbo loans, VA loans, and reverse mortgages. It also offers loan options for foreign nationals and borrowers with bankruptcy, short sale, or foreclosure record.

License Verified:

License: 178066

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Zillow
5.0 / 5 (18)
Facebook
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
440 West Boughton Road, Bolingbrook, IL 60440
  • Multi-Family Loans

Why choose this provider?

USA Mortgage is a full-service mortgage lending company that serves Joliet and all of Illinois. The company offers a comprehensive line of mortgage solutions for almost all types of clients, including those who need specialty homes and those who are credit-challenged. These products include conventional mortgages, FHA and VA loans, USDA loans, and down payment assistance programs. In addition, renovation loans and mortgage refinance options to obtain cash-out or pay off debts are available.

License Verified:

License: 227262

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (29)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
11104 Front Street, Mokena, IL 60448
  • Refinance

Why choose this provider?

MBLO Funding, Inc. is a brokerage that specializes in mortgage processes and strategies in the Joliet area. Some of the loan programs and mortgage rates it offers are conventional, government, and jumbo home loans, as well as fixed-rate and renovation mortgages. The company was founded in 1996 by its current president, Joseph Siwinski, a mortgage professional of 25 years who helps his clients choose the best financing option for their home purchases based on their needs and requirements.

License Verified:

License: 223856

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (4)
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
20950 South Frankfort Square Road, Frankfort, IL 60423
  • New Construction
  • Refinance

Why choose this provider?

The Mortgage Exchange - Frankfort has been helping Joliet homeowners with customized loan options suitable to their unique situation. The company offers 15- and 30-year fixed mortgages, adjustable-rate mortgages, VA loans, FHA loans, and jumbo loans. Clients can also avail themselves of 203k, USDA, and HARP loans. The Mortgage Exchange aids homebuyers throughout the process, from pre-approval letter submission to closing. Refinancing options are also available for those who desire to reduce their current loan's interest rate and monthly payment.

License Verified:

License: 1248883

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
11312 Distinctive Drive, Orland Park, IL 60467
  • Multi-Family Loans

Why choose this provider?

Pacific One Mortgage, Inc., offers numerous financing options for homebuyers in Joliet, from jumbo, conventional, FHA, USDA, and VA loans to fixed- and adjustable-rate mortgages. Its team guides clients along the home loan process, covering pre-qualification and application up until closing. Pacific One Mortgage is led by Chris Zabat, who became interested in real estate finance when he purchased his first home in 2000. Efficiency, integrity, and honesty are among the values he and his team uphold.

License Verified:

License: 207438

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (52)
Facebook
5.0 / 5 (22)
Yelp
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
318 Alana Drive, New Lenox, IL 60451
  • Refinance

Why choose this provider?

American Portfolio Mortgage - Illinois is a mortgage firm with branches in various locations. It caters to home buyers and investors in Joliet. American Portfolio Mortgage provides home purchase loans, investment loans, and home refinancing. Additional loan programs, such as Freddie Mac and Fannie Mae loans, are also available. Scott Vorreyer and Paul Kessel co-founded the firm in 1996. Scott has been in the mortgage industry for over 30 years and is a member of the Mortgage Bankers Association.

License Verified:

License: 175656

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Facebook
4.8 / 5 (48)
Google
5.0 / 5 (1)

Website
707 West Jefferson Street, Shorewood, IL 60404
  • Refinance

Why choose this provider?

Established in 2007, First State Mortgage in Shorewood is a company that serves residential and commercial clients in Joliet. It provides a comprehensive range of mortgage loan products and services, including VA, adjustable-rate, jumbo, and USDA rural housing loans. Its management team consists of professional bankers and mortgage specialists who can provide suitable financing options from multiple lenders based on the needs and requirements of clients. First State Mortgage also offers a mortgage credit certificate program for first-time homebuyers.

License Verified:

License: 172606

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (19)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
16612 West 159th Street, Lockport, IL 60441
  • Refinance

Why choose this provider?

Parlay Mortgage & Property, Inc., is a full-service mortgage banking firm that serves the residents of Joliet. It offers real estate loans, such as fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, and jumbo loans. It also provides refinancing options for existing loans. Parlay Mortgage & Property works with over 100 mortgage investors. President Jason Zimmer was named a Chicago Five Star Mortgage Professional in 2015. He has also been trained at the Goldman Sachs 10,000 Small Businesses program.

License Verified:

License: 218753

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Zillow
5.0 / 5 (33)
Google
4.4 / 5 (5)
Facebook
5.0 / 5 (5)

(+1 additional source)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
4003 Plainfield-Naperville Road, Naperville, IL 60564
  • Refinance

Why choose this provider?

VA Mortgage Centers is a local mortgage company catering to homebuyers and homeowners in Joliet and surrounding areas. The company focuses on VA loans, helping clients find the most suitable VA mortgage options on the market. The client will work with the same specialist from start to finish, from pre-qualification to closing, for a seamless application experience. Richard Birk founded the company in 1997 and is licensed across Colorado, Florida, Indiana, Illinois, and Virginia.

License Verified:

License: 222269

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (11)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3108 Theodore Street, Joliet, IL 60435
  • Refinance
  • Commercial Loans
  • Multi-Family Loans

Why choose this provider?

First Mortgage Resource, founded in 2004, offers Joliet clients with a variety of property lending services. The company also assists first-time homebuyers, acts as a broker between clients and lenders, and handles refinancing work and interest rates. In addition, it also serves other Illinois counties such as Cook, Grundy, Kane, Kendall, Lake, and Will. A client has praised the agency for finishing the mortgage process after 25 days, when he was given a 45-day timeline.

License Verified:

License: 216323

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (3)
Facebook
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
14930 South Cicero Avenue, Oak Forest, IL 60452
  • Refinance
  • Reverse Mortgages

Why choose this provider?

Pacor Mortgage Corp. - Oak Forest is a company that has been servicing Joliet and surrounding communities since 1986. It offers a wide variety of loan products to homeowners including reverse mortgages, conventional conforming, IHDA, and Fannie Mae HomeStyle. Its team assists clients throughout the process of underwriting, closing, and funding loans. The company continuously adapts to the ever-changing environment of real estate. Its website features a credit advice page for clients to use as a reference.

License Verified:

License: 120945

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Google
5.0 / 5 (7)
Facebook
5.0 / 5 (3)
Yelp
1.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
14722 S Naperville Road, Plainfield, IL 60544
  • Refinance

Why choose this provider?

RDS Mortgage is a brokerage that delivers residential lending to Joliet and the rest of Illinois. The company offers conventional loan programs, Flex 97%, FHA mortgage, and FHA streamline with no appraisal. It also provides assistance to people who have jumbo loans, credit problems, and challenged credit loans. Its loan officers guide its clients throughout the home loan process and aid them in selecting a suitable mortgage for them. RDS Mortage also allows its customers to apply for loans online.

License Verified:

License: 205337

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
15341 South 94th Avenue, Orland Park, IL 60462
  • Refinance

Why choose this provider?

Nicole Lambros is a loan officer with Preferred Rate, a partner of American Pacific Mortgage. As a mortgage broker, Nicole provides home financing mortgages or refinancing of existing mortgages to clients in Joliet and surrounding areas. Nicole ensures that her client's best interests are met. She offers explanations to her clients on which mortgage is most suitable for them. With 18 years of experience, she successfully secured at least one million dollars in mortgage loans.

License Verified:

License: 174206

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (52)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

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.