Sr. Mortgage Advisor

Michael Krakowski

Sr. Mortgage Advisor NMLS# 225734 Licensed in CA and IL

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(630) 881-7902 [email protected]

1801 S. Meyers Rd., Suite 500
Oakbrook Terrace, IL 60181
Branch License #1962205

About Michael Krakowski

Your mortgage is personal, and I understand that.

Your mortgage is personal, and I understand that. Whether you’re looking to buy, build, or refinance your home, our experienced mortgage professionals are here to help. Here at Preferred Rate, we offer a variety of loan options that can help you achieve homeownership with the speed and service you deserve. Plus, as a mortgage professional, I am dedicated to finding the right loan with great rates, terms and costs to meet your specific needs. Financing a home is one of the most significant commitments you will ever make - let me guide you throughout the entire loan process from application to closing and beyond. I look forward to putting our mortgage service to work for you! Your mortgage is personal, and I understand that. Whether you’re looking to buy, build, or refinance your home, our experienced mortgage professionals are here to help. Here at Preferred Rate, we offer a variety of loan options that can help you achieve homeownership with the speed and service you deserve. Plus, as a mortgage professional, I am dedicated to finding the right loan with great rates, terms and costs to meet your specific needs. Financing a home is one of the most significant commitments you will ever make - let me guide you throughout the entire loan process from application to closing and beyond. I look forward to putting our mortgage service to work for you!

See my reviews
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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!

Michael's team

Alan Walsh

Mortgage Advisor/Loan Officer Assistant

1801 S. Meyers Road, Suite 500
Oakbrook Terrace, IL 60181
Branch License #1962205

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 Michael's clients have to say

Renae

Hands down easiest experience ever! Walked me right through everything and Basically did most of the work for me.

Mar 25, 2024

andrew m

Had an excellent experience working with Mike / Preferred Rate Team. They made everything seamless and easy. Will certainly use them again!

Feb 27, 2024

Kaylee F

Mike was great to work with! His team was quick to respond and easy to understand. Thanks!

Feb 16, 2024

Kandice R

Mike and his team were beyond phenomenal!! Everyone was so helpful in answering any questions we had as first time homebuyers and were just available throughout the entire process to give us information and help us along the way. 100/10 would recommend!!! ... Read More

Dec 26, 2023

Rakesh M

Loved working with Michael, he is on top of things all the and available for call all the time. Very helpful and will definitely recommend to Friends in need of morgage.

Nov 14, 2023

Philip O

Michael is one of a kind. He really help me with my loan from begging to end. He has a good team that will follow up with what ever you needed for your loan.

Oct 22, 2023

Debbie Q

Very trusting and loyal. Easy to talk to helped all the way through the process. I would definitely recommend Micheal

Oct 14, 2023

Sergio L

Mike and his team made the process incredibly fast and easy! They had an online portal (and app) that gave my wife and I the ability to track our loan approval progress through every step. Highly recommend!

Oct 12, 2023

D C

Great to work with this company.

Oct 11, 2023