800-301-0494

Licensing

Please contact us with questions regarding our licensing.

Elite Reverse is a dba of Elite Rate LLC

1016 West Jackson Boulevard
Chicago, IL 60607

800-301-0494

Reverse@elitereverse.com

NMLS: 2155527

State of Illinois, Division of Banking

Illinois Department of Financial and Professional Regulation (IDFPR)

555 W. Monroe St, 5th Floor Chicago, IL 60661

Telephone: 1-888-473-4858

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Disclaimer: Reverse mortgages are loans offered to homeowners who are 62 or older who have equity in their homes. The loan programs allow borrowers to defer payment on the loans until they pass away, sell the home, or move out. Homeowners, however, remain responsible for the payment of taxes, insurance, maintenance, and other items. Nonpayment of these items can lead to a default under the loan terms and ultimate loss of the home. FHA insured reverse mortgages have an up front and ongoing cost; ask your loan officer for details. These materials are not from, nor approved by HUD, FHA, or any governing agency.