Real Estate & Moving, Iowa

Mortgage Broker cost in Des Moines, IA

This fee does not move much with local prices, so Des Moines sits near the national figure of about 1.5% of the loan amount.

Typical cost

Typical in Des Moines

1.5%

of the loan amount

On the low end
1%
On the high end
2%

This is a percentage fee, so it does not change with local prices. Not a quote.

What moves the price

  1. Loan size
  2. Points
  3. Credit
  4. Lender credits
  5. Loan type

Ways to pay less

  1. Compare APR not just rate
  2. Ask about broker vs lender fees
  3. Get loan estimates
  4. Avoid discount points unless you will keep the loan
  5. Check lender credits

Mortgage Broker in similar cities

PlaceTypicalRange
Des Moines, IA1.5%
1% to 2%
National typical1.5%
1% to 2%
Cedar Rapids, IA1.5%
1% to 2%
Albuquerque, NM1.5%
1% to 2%
Columbia, SC1.5%
1% to 2%
Greensboro, NC1.5%
1% to 2%
Huntsville, AL1.5%
1% to 2%

Other Real Estate & Moving costs in Des Moines

Questions people ask

Mortgage Broker in Des Moines: what does it cost?

In Des Moines, IA, Mortgage Broker typically costs about 1.5% of the loan amount, with most prices between 1% and 2%.

Why is Des Moines the same as the national price?

Percentage fees and fees set largely by state rules do not rise or fall with local rents and wages, so the estimate is not adjusted by city.

Is this a quote?

No. It is an estimate built from national price data and local cost of living. A local pro will price your actual job.