Illinois Reverse Mortgage Lenders

Current list of Illinois reverse mortgage lenders. All reverse mortgage companies are required to be licensed by the state of Illinois no matter if they are in a larger area such as: Chicago, Springfield, Peoria, Rockford, Schaumburg, Palatine, Oak Lawn, Hoffman Estates, or anywhere else within IL.

Do You Qualify?

  • One Borrower Must Be 62 or Older
  • Have Equity In Property
  • Own an Eligible Property Type: Single Family, Townhome or Condo

Urban Financial Group
Urban Financial Group is a lender specializing in reverse mortgages and ranks among the top three originators in Illinois. They are a member of the National Reverse Mortgages Lenders Association and have been helping seniors in IL with reverse mortgage loans for years.
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Security 1 Lending
Security One Lending is currently licensed in 40 states which includes the state of Illinois. Security One Lending now offers a full range of loan products from its reverse mortgage programs to conventional and FHA forward mortgages.
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First National Bank
First National Bank is one of the fastest growing reverse mortgage lenders in the state of Illinois. They have been around helping seniors in IL with reverse mortgage loans as one of the most respected and well known HECM lenders.
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IL HECM Reverse Mortgage Lenders

Seniors who own homes have many financial options available to them. These options include multiple loan types, investments, and other accounts. But there are only a few ways to tap into home equity. If the bulk of your retirement income is held in your home, you'll need to find a program that allows you to transform this value into spendable cash. Reverse mortgages in Illinois are a common way to do this.
The PrivateBank & Trust Company
Local Phone: 708-280-1287
The PrivateBank & Trust Company is in business to help seniors providing them Illinois reverse mortgages. NRMLA #5568
Plaza Home Mortgage, Inc.
Local Phone: 520-400-3538
Licensed in the state of Illinois, Plaza Home Mortgage, Inc. is well known in providing quality service for those in need of a FHA HECM. NRMLA #5279
InterContinental Capital Group, Inc.
Local Phone: 516-723-6466
InterContinental Capital Group, Inc. is in business to help seniors providing them Illinois reverse mortgages. NRMLA #29388
All Reverse Mortgage, Inc.
All Reverse Mortgage, Inc. is in business to help seniors providing them Illinois reverse mortgages. NRMLA #4693
Gershman Mortgage
Local Phone: 314-889-0609
Gershman Mortgage is in business to help seniors providing them Illinois reverse mortgages. NRMLA #3549
VanDyk Mortgage Corporation
Local Phone: 815-260-7273
VanDyk Mortgage Corporation is in business to help seniors providing them Illinois reverse mortgages. NRMLA #16829
Security 1 Lending
Local Phone: 520-400-3538
Security 1 Lending is in business to help seniors providing them Illinois reverse mortgages. NRMLA #3911
Ottawa Savings Bank
Local Phone: 815-433-2525
Ottawa Savings Bank is in business to help seniors providing them Illinois reverse mortgages. NRMLA #25461
Standard Bank and Trust Co.
Local Phone: 312-203-4018
Standard Bank and Trust Co. is in business to help seniors providing them Illinois reverse mortgages. NRMLA #6039
James B. Nutter & Company
Local Phone: 816-531-2345 x6234
James B. Nutter & Company is in business to help seniors providing them Illinois reverse mortgages. NRMLA #2569

These Illinois reverse mortgage companies provide service throughout the entire state that includes areas such as:
  • Chicago, Cook County
  • Springfield, Sangamon County
  • Peoria, Peoria County
  • Rockford, Winnebago County
  • Schaumburg, Cook County
  • Palatine, Cook County
  • Oak Lawn, Cook County
  • Hoffman Estates, Cook County
  • East Saint Louis, Saint Clair County
  • Carol Stream, Du Page County
  • Bloomington, McLean County
  • Joliet, Will County


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