Sr. Mortgage Advisor

Richard Peter Hanover

Sr. Mortgage Advisor NMLS# 204514 Licensed in CA, IL, IN, NJ, PA, TX and WI

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(312) 468-2522 (630) 657-0650 [email protected]

1801 S. Meyers Rd Ste 500
Oakbrook Terrace, Illinois 60181
Branch License Number #1962205

About Richard Peter Hanover

Your mortgage is personal, and I understand that.

Richard Hanover is a Senior Mortgage Advisor at Preferred Rate in Oakbrook Terrace, Illinois. He brings 15 years of mortgage experience, along with 5 years of financial services experience. He has worked in the mortgage industry both as a Mortgage Advisor and a Sales Manager. He is also well versed in every aspect of his clients’ financial needs; as he spent several years at an investment bank on Wall Street in New York City.

Richard was born and raised in Brooklyn, New York, and has lived in Chicago for seven years. He works on a team along-side 5 Loan Officers, 2 Loan Officer Assistants, and a Loan Processor. His target markets are the Chicagoland area the New York Metropolitan are. As a licensed Mortgage Loan Originator, he has always strived to deliver fair, competitive closings, in an efficient and timely fashion. His specialties are First-Time Home Buyer Purchases, FHA, VA, Conventional and Jumbo Loans.

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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

See what Richard's clients have to say

Vicmari T

Rich is 100% Amazing! He's always so on top of his game and has lightning speed for everything. It's been a pleasure and a great blessing working with him all these years. Rich and his team are the best of the best. Thank you for all your work! :) ... Read More

May 17, 2024

Jamane H

I have never in my years of purchasing properties had an experience like the one I had with Rich. Thorough is an UNDERSTATEMENT! Rich’s knowledge and response times were unmatched! He is a true professional in every way and would not be in my new home without his guidance and reassurance. Rich you are the man!!! ... Read More

May 16, 2024

Jamane H

I have never in my years of purchasing properties had an experience like the one I had with Rich. Thorough is an UNDERSTATEMENT! Rich’s knowledge and response times were unmatched! He is a true professional in every way and would not be in my new home without his guidance and reassurance. Rich you are the man!!! ... Read More

May 16, 2024

Juan R

Absolute pleasure to work with!

May 14, 2024

Gloria R

Richard was an amazing loan officer who swooped in when my previous lender couldn't get the job done right. He literally saved my deal with the home I was finally approved for! Being a recently single mother with two small children (my husband was suddenly taken from us from health issues) I literally had no help and this whole process was done completely on my own. I am the first in my family to ever own a home and this wouldn't have happened had it not been for rich and his team! I am so grateful for his work ethic and dedication he put into my file. I would definitely recommend him and his company in the future to my friends and family! Thank you all again! You've allowed me to start a new chapter for me and my girls! ... Read More

Mar 16, 2024

Steven B

Rich and his team are the best! I started with a lender who gave up mid deal, Rich picked up the pieces and got the deal done!

Mar 14, 2024

Beatrice E

The process was a great support from the beginning to the end. What ever questions I had what ever time of day the support was there.

Feb 11, 2024

Sherrie W

Rich was amazing. He worked with us every step of the way. We will Definitely work with him on our future endeavors!!!!

Jan 30, 2024

akindojucollims

From the get go Rich was very eloquent, well versed and extremely knowledgeable in his craft!. Rich will sum up any numbers in a matter of seconds. Rich is a walking library when it comes to mortgage lending. With his expertise we crossed the finish line , now in our new home. Bravo to you Rich! Will definitely recommend. Many thanks ... Read More

Oct 14, 2023