Rich Honquest
Mortgage Advisor NMLS# 1845277 Licensed in FL, IL, IN, MI, TN and WI
1801 S. Meyers Rd. Suite 500
Oakbrook Terrace, IL 60181
Branch License Number #1962205
About Rich Honquest
Your mortgage is personal, and I understand that.
I provide a consultative approach to the mortgage process by working to fully understand my clients’ goals and motivations, while simultaneously striving to achieve optimal value of home ownership. High-quality client service coupled with the strategic positioning of my business partners to maximize their potential is my utmost priority.
I provide a consultative approach to the mortgage process by working to fully understand my clients’ goals and motivations, while simultaneously striving to achieve optimal value of home ownership. High-quality client service coupled with the strategic positioning of my business partners to maximize their potential is my utmost priority.
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.
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Step 1 Connect with a Loan Expert
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Step 2 Get Pre-Approved
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Step 3 Make Offers
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Step 4 Lock in your Preferred Rate
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Step 5 Move in to your new home
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Step 1 Connect with a Loan Expert
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Step 2 Lock in your Preferred Rate
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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
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Fixed-rate Mortgages
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Adjustable-rate Mortgages
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Interest-only Loans
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Jumbo Loans
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FHA
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VA Loans
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USDA Loans
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Reverse Mortgages
Speciality Products
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Keys On Time Program
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Secure Lock Program
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Jumbo Investor Loan Programs
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Peak Loan Program
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High Balance Solutions
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Jumbo Solutions
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Home Ready
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Home Possible Advantage
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STaR Program for First-Responders
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Doctor Program for Medical Professionals
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Manufactured Housing Loans
See what Rich's clients have to say
Rachael P
Rich Honquest and his team at Preferred Rate were absolutely wonderful to work with. We reached out several months before we started looking at homes to get pre-approved. Rich walked us through the process and was available for questions but did not hound us or harass us at all. Rich and his were quick to respond, transparent, friendly and professional. My husband and I are first time home buyers and knew very little about the process going in. Rich was patient and knowledgeable in explaining the process and answering all of our questions clearly and concisely. He went above and beyond exploring different loan options with us to get the best rate and even called the sellar's realtor to help us secure our home. His guidance helped us feel secure and confident. He also worked well with our realtor, insurance agent and lawyer. Rich and team made this process as painless as possible and I would recommend him to any homebuyer in the Chicago area. ... Read More
Apr 09, 2024
rachaelpersin
Rich and his team have been absolutely wonderful through all stages of the home buying process. My husband and I are first-time homebuyers who knew very little about the process. Rich provided clear and concise explanations and answered all our questions. We applied for pre-approval months before we started looking and Rich was always available but did not hound us. Rich went above and beyond exploring different loan options to get us the best rate and even called the seller's realtor to help us secure the contract. Rich and his team were very quick, professional and communicative throughout the process and made it as seamless as possible. I would recommend Rich to anyone in the Chicago area. He's the BEST. ... Read More
Apr 09, 2024
Vincent F
Rich was so very helpful throughout our entire loan process. We had to pull out of our first house and start a second loan process. He was with us every step of the way explaining everything in full detail. We put out trust in Rich and he delivered! I would got to him 10/10 times. ... Read More
Mar 30, 2024
Maxwell S
Rich and his team exceeded my expectations in every manner possible. Their expertise, customer service, and problem solving ability made my home buying experience a breeze during a period of rate instability. Bottom line, if you work with Rich, you work with the best! ... Read More
Mar 21, 2024
Brooke P
Phenomenal! I couldn't have asked for a better team to help me with my first home purchase. Rich was so kind and helpful. He went above and beyond to make sure I was always taken care of. 100 star review!
Mar 06, 2024
Ryan A
It has been Fantastic working with Rich as a first time homebuyer, he did everything to guide me thru the process and make it clear and easy to understand. He also got me the best possible rates and programs I could qualify for!
Feb 21, 2024
Marcus W
Rich and his team are a pleasure to work with. I have completed multiple deals with Rich and preferred rate and would highly recommend! They are very informative and communicative every step of the way which is so important during the homebuying process. ... Read More
Dec 23, 2023
Dave
Rich was great from start to finish. He was extremely helpful and knowledgeable about the process and what was needed to complete in a timely matter. His communication and responsiveness was excellent and he has a great team that all made it such a wonderful experience. We would highly recommend working with Rich and his team. ... Read More
Dec 03, 2023
Audrey K
Rich was absolutely awesome to work with! He was on top of our loan from our first conversation to our closing. He really worked all angles to make sure that we got the best rate possible in this difficult market.
Dec 01, 2023
