Frank R. Stompanato
VP/Area Manager NMLS# 212745 Licensed in IL
1801 S. Meyers Road, Suite 500
Oakbrook Terrace, IL 60181
Branch License #1962205
About Frank R. Stompanato
Your mortgage is personal, and I understand that.
I bring over 39 years of mortgage banking experience, specializing in both residential and commercial lending. I'm well-versed in FHA, VA, and conventional mortgages, ensuring personalized solutions for every client. I understand that each mortgage is unique, and I'm here to guide you through every step of the loan process. Whether you're buying your first home or refinancing, I'm committed to helping you find the right mortgage that fits your needs! I bring over 39 years of mortgage banking experience, specializing in both residential and commercial lending. I'm well-versed in FHA, VA, and conventional mortgages, ensuring personalized solutions for every client. I understand that each mortgage is unique, and I'm here to guide you through every step of the loan process. Whether you're buying your first home or refinancing, I'm committed to helping you find the right mortgage that fits your needs!
See my reviews
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.
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Step 1 Connect with a Loan Expert
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Step 2 Get Pre-Approved
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Step 3 Make Offers
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Step 4 Lock in your Preferred Rate
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Step 5 Move in to your new home
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Step 1 Connect with a Loan Expert
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Step 2 Lock in your Preferred Rate
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Step 3 Get your new loan approved!
Buying a new home can feel like everything at once: Exciting, overwhelming, stressful, and even emotionally taxing.
Home Loans
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Fixed-rate Mortgages
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Adjustable-rate Mortgages
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Interest-only Loans
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Jumbo Loans
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FHA
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VA Loans
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USDA Loans
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Reverse Mortgages
Speciality Products
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Keys On Time Program
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Secure Lock Program
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Jumbo Investor Loan Programs
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Peak Loan Program
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High Balance Solutions
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Jumbo Solutions
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Home Ready
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Home Possible Advantage
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STaR Program for First-Responders
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Doctor Program for Medical Professionals
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Manufactured Housing Loans
See what Frank's clients have to say
Mike K
Frank is the best! My wife and I have been working with him for almost 10 years!
Jan 29, 2026
Val G
Very pleased with Frank! This is our second time to work with him in securing a loan to refinance our our current mortgage and it has been smooth and quick in both instances - the first encounter was when we bought the house. He patiently attended to our questions and concerns and most of all gave us good sound advise when we asked for it. He made us feel at ease and confident during the whole entire process of securing a loan. We are forever grateful! ... Read More
Jan 14, 2026
Carmen K
I have really enjoyed working with Frank and Marcy. They were expeditious in helping to answer any questions I had. They both did their utmost to make this process quick and easy. I would recommend their services to any friend or family member. ... Read More
Dec 22, 2025
Anthony B
I've had the privilege of working with Frank for over 25 years, and I can honestly say that his professionalism, expertise and dedication are unmatched. Throughout the years, Frank has always guided me through multiple transactions with patience and clarity, always taking time to ensure I felt comfortable with each decision. After more than two decades of working together, I trust Frank completely and and recommend him wholeheartedly to anyone seeking a mortgage banker. I'm grateful to have had his support all of these years. Anthony B. ... Read More
Dec 11, 2025
Rebecca S
We have worked with Frank and his team multiple times, and it has always been nothing but a positive experience. Frank and Marcy are quick and clear communicators, and I have no doubt that they always had our best interest in mind. I would not hesitate to recommend working with them! ... Read More
Dec 06, 2025
Teri W
I’ve known Frank Stompanato for over 25 years, and he continues to be one of the most trustworthy, responsive, and knowledgeable mortgage professionals I’ve ever worked with. Whether you’re buying your first home or refinancing, Frank takes the time to explain every detail clearly and makes the entire process feel smooth and stress-free. He genuinely cares about his clients and always follows through — you never feel like just another transaction. Highly recommend working with Frank and his team at Preferred Rate! ... Read More
Nov 08, 2025
matt b
We worked with Frank to purchase our first home this year and he was everything we were looking for. Asked us questions we hadn’t considered, got us a great rate when rates weren’t ideal, and was ahead of schedule for every deadline. Thank you Frank! ... Read More
Nov 07, 2025
Vince T
Frank and his team ,worked hard to make sure that I received the loan to buy my dream house! They were there to help me going through the process to help me receive the loan. He would help me with my cell phone to send the paperwork and had any questions he would explain take time to meet me at my place at my convenience. Frank and his team were great service. When I could not get the loan from my Bank. Thank you Frank and the team! ... Read More
Aug 22, 2025
Matt P
When my wife and I purchased our home Frank and his associate Marcy were beyond helpful ensuring that we were able to close on time. Frank and Marcy are extremely knowledgeable, and their thoughtful and professional guidance throughout this extremely detailed process made my wife and I feel at ease. I am not a millionaire, just an average guy looking for an average home. There are multiple different types of loans, all with different qualifying criteria. My credit is solid, but far from perfect, and I was a little hesitant and honestly a little embarrassed to share the intimate details of some of the past challenges on my credit report. Frank and Marcy were very kind and understanding and advised my wife and I how to address any issues. We were required to provide financial documentation that I had to look for, sometimes after regular business hours. Frank and Marcy were very responsive to me, and if I didn't speak to them when I called, which was rare, they returned my call very quickly. Frank and Marcy also made themselves available after normal business hours. I called after normal business hours more than once, expecting to leave a message. However, Frank and Marcy would answer their phones and speak with me. I was surprised at how much documentation I needed to produce, and the technicality of the lending process. Frank and Marcy are extremely knowledgeable and answered all my questions. They explained the process to me, sometimes more than once, to ensure I understood it. Frank and Marcy had questions for us as well. These were thoughtful, purposeful questions designed to gather information about our financial habits. As Frank and Marcy became aware of our personal situation, they were able to provide guidance and gave us sound advice to take advantage of provisions within the particular loan that we were applying for, that would help us qualify. It worked! We have been in our home for just over a year, and Frank has followed up with me several times. He continues to monitor the interest rates to determine if/when we could consider refinancing the loan to save us money. If you are considering purchasing a home, even if your credit is less than perfect; I recommend you contact Frank Stompanato. ... Read More
Jul 18, 2025
