In Illinois, oversight of mortgage broker licensing has recently transitioned to the National Mortgage Licensing System. This streamlines the prelicensing requirements for Illinois mortgage brokers to bring them up to national standards. Most notable is the 20 or more hours that mortgage brokers in Illinois must undergo to earn their licenses, followed by ongoing continuing education. This helps keep Illinois mortgage brokers current on federal real estate regulations and other issues.
Beyond the national mortgage broker licensing requirements, Illinois mortgage brokers are overseen by the Division of Financial and Professional Regulation and the Division of Banks and Real Estate. You can see a complete list of licensed mortgage brokers in Illinois at the Division of Banks and Real Estate website. This is an exhaustive list that includes licensing dates and status.
For your convenience, we’ve compiled a list of the most established Illinois mortgage brokers and sorted them by city and location below. Click through to your area to see a list of Illinois mortgage brokers along with their contact information, areas of expertise and promotions and offers.
We recommend getting in touch with two or three Illinois mortgage brokers to compare offers. Choose from the mortgage brokers listed below to narrow down your options. |
