C & R Mortgage Corporation

Mortgage Lender serving Niles, IL

About C & R Mortgage Corporation

C&R Mortgage Corporation is a specialized mortgage broker focusing exclusively on reverse mortgages for seniors aged 62 and older. Headquartered in Cape Coral, Florida, the company is also licensed to serve clients across a broad range of states including Illinois, California, Arizona, and Wisconsin. Their core mission revolves around educating clients and their families on the benefits and process of reverse mortgages, ensuring informed decision-making.

The firm primarily offers Home Equity Conversion Mortgage (HECM) loans, which allow eligible homeowners to convert home equity into cash without monthly mortgage payments. They also facilitate HECM for Purchase loans, enabling seniors to buy new homes without traditional monthly mortgage obligations, with the down payment often based on the borrower's age. This specialized approach addresses the unique financial needs of the senior demographic.

C&R Mortgage Corporation distinguishes itself from larger, nationwide lenders through its commitment to personalized service, client privacy, and building lasting relationships. They prioritize trust within the community and encourage family involvement in the loan process. With a strong emphasis on expertise and tailored solutions, they aim to make the reverse mortgage process as easy and stress-free as possible for every client.

Company Information

Lender Type: Mortgage Broker
Headquarters: Cape Coral, FL

Licensed In

AZCACOFLILINMINCTNWI

Digital Capabilities

Online Application
Pre-Qualification Tool

Home Loan Products

Reverse Mortgage (HECM Loans)

Loan Types:
Reverse Mortgage
Property Types:
Single-Family HomeMulti-Family (2-4 units)Manufactured/Mobile HomeCondoTownhouse
Occupancy Types:
Primary Residence

Contact Information

7788 N Milwaukee Ave
Niles, IL 60714
US

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Business Information

Category: Mortgage Lender
Location: Niles, IL
Status: Standard
Type: Mortgage Broker
NMLS ID: 227317
Profile Views: 0

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