Mortgage Advisor

Richard Honquest

Mortgage Advisor NMLS# 1845277 Licensed in FL, IL, IN, MI, TN and WI

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5.0
(201 reviews)
(630) 337-5764 (847) 461-8359 [email protected]

1801 S. Meyers Rd. Suite 500
Oakbrook Terrace, IL 60181
Branch License Number #1962205

About Richard Honquest

A Holistic, Client-Focused Loan Officer Delivering Exceptional Value in Homeownership.

Rich Honquest, after a decade as a successful Real Estate Broker, made the decision to transition into the lending side of the industry. His extensive experience in buying and selling residential properties has equipped him with a deep understanding of the market, enabling him to offer a well-rounded, holistic approach to lending.

Rich takes a consultative approach with every client, ensuring he fully understands their goals and motivations. His focus is on delivering exceptional value through homeownership while providing top-tier client service. He also prioritizes positioning his business partners for success and maximizing their potential.
Rich Honquest, after a decade as a successful Real Estate Broker, made the decision to transition into the lending side of the industry. His extensive experience in buying and selling residential properties has equipped him with a deep understanding of the market, enabling him to offer a well-rounded, holistic approach to lending.

Rich takes a consultative approach with every client, ensuring he fully understands their goals and motivations. His focus is on delivering exceptional value through homeownership while providing top-tier client service. He also prioritizes positioning his business partners for success and maximizing their potential.

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We keep the mortgage process easy

Buying a new home can feel like everything at once: Exciting, overwhelming, stressful, and even emotionally taxing.

Whether this is your first home, your next home, or you’re thinking about refinancing, we’re ready to walk with you every step of the way.

  • Step 1 Connect with a Loan Expert

  • Step 2 Get Pre-Approved

  • Step 3 Make Offers

  • Step 4 Lock in your Preferred Rate

  • Step 5 Move in to your new home

  • Step 1 Connect with a Loan Expert

  • Step 2 Lock in your Preferred Rate

  • Step 3 Get your new loan approved!

Buying a new home can feel like everything at once: Exciting, overwhelming, stressful, and even emotionally taxing.

Home Loans

  • Fixed-rate Mortgages
  • Adjustable-rate Mortgages
  • Interest-only Loans
  • Jumbo Loans
  • FHA
  • VA Loans
  • USDA Loans
  • Reverse Mortgages

Speciality Products

  • Keys On Time Program
  • Secure Lock Program
  • Jumbo Investor Loan Programs
  • Peak Loan Program
  • High Balance Solutions
  • Jumbo Solutions
  • Home Ready
  • Home Possible Advantage
  • STaR Program for First-Responders
  • Doctor Program for Medical Professionals
  • Manufactured Housing Loans
Buy a home Refinance

See what Richard's clients have to say

Laura B

Highly recommend! We had an outstanding experience with Rich and his team. They're fast, responsive, and knowledgable.

Jan 16, 2026

Laura B

Highly recommend! We had an outstanding experience with Rich and his team. They're fast, responsive, and knowledgable.

Jan 16, 2026

Jacob L

Rich was fantastic! Helped answer all of my questions and was great with constant communication and checking in throughout the process. 

Jan 10, 2026

Alex R

Rich was transparent and supporting through the entire process. 10/10 would recommend. Made securing a mortgage as easy as possible.

Jan 06, 2026

Zac K

I highly recommend Richard and his team for any of your mortgage needs. I recently refinanced through Preferred Rate (Richard and his team) as a result of a very stressful personal life change (was referred to by a friend). The professionalism from Richard and his team was second to none, and made a very difficult time for myself, far less stressful. I am very pleased with the end result.....and will be reaching out to Richard and his team for any future mortgage needs! ... Read More

Jan 01, 2026

Kate B

Rich and his team helped me with my mortgage back in 2024 and made my refinancing experience this past month equally seamless. Rich and his team were extremely knowledgeable and professional, had prompt communication, and were always willing to walkthrough step-by-step when I had questions. If you are looking for a mortgage team that will make your process easy and catered to you, you are in the right hands with Rich and his team. ... Read More

Dec 30, 2025

Sauming S

This is our second time using Rich and his team in our home search, and by this time, I have come to view him as trusted advisor for our family. He is an absolute pleasure to work with, and he and his team kept things moving quickly and seamlessly at all times. I'm so grateful to have him in our corner while navigating big and difficult decisions, and I would recommend him to anyone else in a heartbeat. A big thank you to Rich and his team! ... Read More

Dec 30, 2025

Rich S

Richard does a great job. He's always there for us, responded promptly when we tried to contact him. He is very knowledgeable about the mortgage industry, helped us make our original mortgage happen and now guided us through a re-fi. Little tricks like taking control of our insurance/tax escrow so we could earn interest for ourselves rather than the mortgage company. Very knowledgeable, clever and attentive. ... Read More

Dec 18, 2025

Chase C

Rich and his team are top-notch. He worked with me on refinancing my mortgage and it was such a simple process. He was able to help me navigate a shorter term duration all while saving me around $100/mo on my payment. Couldnt be happier as I will be able to payoff my house faster all while paying less! ... Read More

Dec 05, 2025

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equal housing opportunityNMLS CONSUMER ACCESS LINK: NMLS #1850

© 2026 American Pacific Mortgage Corporation. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Equal Housing Opportunity. www.apmortgage.com

Refinancing may result in finance charges that may be higher over the life of the loan. Consult with your loan advisor for details.

This site is not authorized by the New York State Department of Financial Services.  No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.

Licensed as Preferred Rate in AL, AZ, CA, CO, FL, GA, IL, IN, KS, KY, LA, MA, MD, MI, MO, MS, NC, OK, OR, TN, TX, VA, WA, and WI. Preferred Rate operates under American Pacific Mortgage in NV. AZ BK 0906702. CA #01215943. Regulated by the Colorado Division of Real Estate. Georgia Residential Mortgage Licensee. NV MB 164. Licensed under the Oregon Consumer Finance Act. OK MLO13426.

Licensed by the Illinois Department of Financial & Professional Regulation, Residential Mortgage License # MB.6761304 | James R. Thompson Center | IDPR – 555 West Monroe Street, 5th Floor Chicago, IL 60661 | (888) 473-4858

Licensed by the Dept of Financial Protection and Innovation under the CRMLA.

The Department of Financial and Professional Regulation (Department) evaluates our performance in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department." (Source: P.A. 101-657, eff. 3-23-21.)

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIALMORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.”

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIALMORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT'S WEBSITE AT WWW.SML.TEXAS.GOV