The Best Mortgage Lenders in Brussels, IL
Compare verified mortgage lenders serving Brussels, Illinois. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Brussels
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is one of the top-rated mortgage lenders in the U.S., known for its digital mortgage platform and competitive rates. Founded in 2000 and headquartered in Chicago, it serves all of Illinois, including rural areas like Brussels, with a strong reputation for customer satisfaction, transparency, and a wide range of loan products. Their high review counts and A+ BBB rating reflect their reliability and excellent service.
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New American Funding
New American Funding
New American Funding is a highly regarded mortgage lender with a strong presence in Illinois, offering personalized service and diverse loan options. Founded in 2003, they have built a reputation for serving both urban and rural communities, including Brussels, with competitive rates and a focus on customer education. Their high customer ratings and extensive review history demonstrate their commitment to reliability and community support.
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CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a full-service lender with a robust regional presence, including branches in the St. Louis area that serve Brussels, IL. Founded in 2003, they are known for competitive rates, flexible loan programs, and exceptional customer service. Their high ratings and substantial review counts highlight their expertise in handling mortgages for diverse clients, making them a trusted choice for homebuyers in the region.
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Frequently Asked Questions
Common questions about mortgage lending in Brussels, IL
What are the current mortgage rates like for homes in Brussels, IL?
Mortgage rates in Brussels are typically very competitive with national averages, but can be slightly higher for rural properties due to lower population density. Local lenders familiar with Calhoun County often offer the best rates for this area. It's wise to compare offers from both local credit unions and larger regional banks.
Are there any special loan programs for buying a home in the Brussels area?
Yes, the USDA Rural Development loan is an excellent option for many homebuyers in Brussels, as most of Calhoun County qualifies for this $0 down payment program. Additionally, Illinois Housing Development Authority (IHDA) programs can provide down payment assistance and affordable first mortgage options for eligible buyers in the area.
How does the rural nature of Brussels affect the mortgage process?
The rural setting can mean fewer local lender options, requiring some buyers to work with lenders in nearby cities like Alton or Jerseyville. Appraisals might take slightly longer as appraisers may need to travel further, and comparable property sales data can be limited, which may require more extensive research.
What should I know about property taxes when getting a mortgage in Brussels?
Calhoun County property taxes are generally moderate compared to urban Illinois areas, typically ranging from 0.8% to 1.2% of assessed value. Your lender will help estimate these costs for your mortgage payment, but it's wise to verify with the Calhoun County Treasurer's office for specific property tax information.
Are there any local first-time homebuyer programs specific to Brussels?
While Brussels itself doesn't have city-specific programs, Calhoun County residents can access Illinois Housing Development Authority (IHDA) programs like the 1stHomeIllinois loan with down payment assistance. Some local employers, particularly in the agriculture and manufacturing sectors, may also offer housing assistance programs worth investigating.
Why Choose a Mortgage Lender in Brussels?
Local Market Knowledge
Lenders who understand Brussels's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Illinois.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Brussels and get competitive rates on your home loan.