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BBB Business Review

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BBB Accredited Business since

USLending & Finance Ltd.

Phone: (630) 824-1600 Fax: (630) 824-1601 View Additional Phone Numbers 515 Ogden Ave, Downers Grove, IL 60515

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USLending & Finance Ltd is a mortgage broker and loan lending firm that focuses on residential real estate. This firm operates in Downers Grove and the south-western Chicago suburbs including Wheaton, Naperville, Bolingbrook, Aurora, Cicero, Woodridge, La Grange, Oak Lawn, West Chicago, Joliet, Romeoville, Lockport, Planfield, Shorewood, Channahon, Morris, Yorkville, Oswego, Oak Forest, Tinley Park, Darien, Orland Park, Homer Glen and Lisle. This firm offers a variety of loans including conventional loans, FHA loans, VA loans, reverse mortgages, and they offer mortgage refinancing.

BBB Accreditation

A BBB Accredited Business since

BBB has determined that USLending & Finance Ltd. meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB accreditation does not mean that the business' products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business' product quality or competency in performing services.

Reason for Rating

BBB rating is based on 13 factors. Get the details about the factors considered.

Factors that raised the rating for USLending & Finance Ltd. include:

  • Length of time business has been operating
  • No complaints filed with BBB

Customer Complaints Summary

0 complaints closed with BBB in last 3 years | 0 closed in last 12 months
Complaint Type Total Closed Complaints
Advertising/Sales Issues 0
Billing/Collection Issues 0
Delivery Issues 0
Guarantee/Warranty Issues 0
Problems with Product/Service 0
Total Closed Complaints 0

Customer Reviews Summary Read customer reviews

0 Customer Reviews on USLending & Finance Ltd.
Customer Experience Total Customer Reviews
Positive Experience 0
Neutral Experience 0
Negative Experience 0
Total Customer Reviews 0

Additional Information

BBB file opened: January 24, 2010 Business started: 10/08/2003 Business started locally: 10/08/2003 Business incorporated 10/08/2003 in IL
Licensing, Bonding or Registration

This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

These agencies may include:

Illinois Department of Financial and Professional Regulation
100 W. Randolph, 9th Fl, Chicago IL 60601
Phone Number: (312) 814-4500

Type of Entity

Limited Liability Company (LLC)

Business Management
Mr. Rich Simpson Jr., President Scott Husley
Contact Information
Principal: Mr. Rich Simpson Jr., President
Number of Employees


Business Category

Mortgage Brokers Reverse Mortgage Mortgage Lender Loan Servicing Loans Real Estate Loans Mortgage and Nonmortgage Loan Brokers (NAICS: 522310)

Alternate Business Names
1st AA Alliance Bancorp Chicago Reverse Mortgage

BBB Customer Review Rating plus BBB Rating Overview

BBB Customer Reviews Rating represents the customers opinions of the business. The Customer Review Rating is based on the number of positive, neutral and negative customer reviews posted that are calculated to produce a score.

Customer Review Experience Value
Positive Review 5 points per review
Neutral Review 3 points per review
Negative Review 1 point per review

BBB letter grades represent the BBB's opinion of the business. The BBB grade is based on BBB file information about the business. In some cases, a business' grade may be lowered if the BBB does not have sufficient information about the business despite BBB requests for that information from the business.

BBB Letter Grade Scale

BBB Rating Value
A+ 5
A 4.66
A- 4.33
B+ 4
B 3.66
B- 3.33
C+ 3
C 2.66
C- 2.33
D+ 2
D 1.66
D- 1.33
F 1
NR -----
Star Rating scale

  Average Score
5 stars 5.00
4.5 stars 4.50-4.99
4 stars 4.00-4.49
3.5 stars 3.50-3.99
3 stars 3.00-3.49
2.5 stars 2.50-2.99
2 stars 2.00-2.49
1.5 stars 1.50-1.99
1 star 0-1.49

BBB Customer Review Rating plus BBB Rating is not a guarantee of a business' reliability or performance, and BBB recommends that consumers consider a business' BBB Rating and Customer Review Rating in addition to all other available information about the business. If the BBB Rating is NR then only Customer Reviews are used for the Star Rating.