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
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
Derrick T
Great experience working with Frank and Marcy!
Jul 16, 2025
KARL P
⭐⭐⭐⭐⭐ Outstanding Loan Officer - Decades of Excellence As a real estate attorney who has worked with Frank Stompanato for several decades, I can confidently say he is one of the finest loan officers in the business. Frank consistently puts his clients' interests first, which sets him apart in this industry. His attention to detail, thorough communication, and genuine commitment to securing the best possible outcomes for borrowers is truly exceptional. Frank and his processor Marcy work seamlessly as a team, ensuring every transaction runs smoothly from application to closing. Their professionalism and client-focused approach make my job easier and give both buyers and sellers complete confidence in the lending process. If you're looking for a loan officer who will fight for your best interests and deliver stellar performance every time, look no further than Frank Stompanato. Highly recommended without reservation. Karl E. Park, real estate attorney ... Read More
Jul 01, 2025
Ashton M
I had such an amazing experience with Frank, I cannot reccomend him enough. He was patient, kind, so knowledgeable, thorough, concise - all of the things. It’s been a year since I bought my first home and I’m grateful every day to have had such a strong and professional team behind me to help make it happen. I started the process with little to no understanding what to do, how to do it, what questions to ask, etc — buying a home, especially your first, can be such an overwhelming process but with Frank and his team, they showed me it didn’t have to be. ... Read More
Jun 06, 2025
Rebecca F
Frank Stompanato was so amazing when my fiancé and I were buying our first home. He is great with communication and making sure we understood everything, especially since the home-buying process could be a little overwhelming at times. His entire team was extremely kind, flexible, and understanding with answering every question, providing information, and supporting us until the day we signed our papers. I would recommend him to anyone who wants and easy and wonderful home-buying experience. ... Read More
Jun 04, 2025
Liam M
Frank was a great help in finding my first home!
Jun 03, 2025
