Gary Krakowski
Sr. Mortgage Advisor NMLS# 225730 Licensed in IL
1801 S. Meyers Rd., Suite 550
Oakbrook Terrace, IL 60181
Branch License #1962205
About Gary 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
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!
Gary'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
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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 Gary's clients have to say
Mark M
Honestly to work with Gary and his team was a breeze, calls were to make sure that your questions and concerns are addressed. Attentive to everything from start to finish. Let Gary and his team take care of you, you will not regret it. ... Read More
Feb 06, 2026
Timbo N
Gary is a professional who completed my mortgage refi with transparency and honesty. He works with high level of integrity, something I didn’t experience with his competitors. I bought a house two years ago and he secured the original mortgage funding. I went with him because his office was attached to my realtors office. I liked working with him, but it was my first house so I had nothing to compare his services to. Two years later, I elected to refinance my mortgage. I decided to shop around because I wanted to get the very best deal on a refinance. When I first made an inquiry online about a refi, I began getting bombarded with lenders from California to Detroit, about 5 phone calls a day for months. These lenders are charismatic, charming, and relentless. I nearly signed two seperate times from lenders like this. One was a rate that was much worse than currently available. I got what seemed like 30 sign now! emails, but when something didn’t feel right, the savvy salesmen I was speaking to for weeks were nowhere to be found. The next loan I almost signed was perfect, but then the closing papers were different than the original I signed. This sneaky lender tried to sneak in a 7,000$ commission fee that wasn’t on the original files I signed. After my two negative experiences of almost getting tricked into a bad deal and three months of answering the phone to hustlers from all across America, I reach out to Gary Krakowski. His honesty and transparency was refreshing after the three months of nonsense I put myself through. His mortgage refinance was a competitive rate and the cost of the refi was less than my monthly mortgage payment. ... Read More
Jan 18, 2026
Jim H
We used Gary Krakowski and his team at Preferred Rate Mortgage and had a great experience. Gary and his team we very informative and made buying a home an enjoyable experience. Highly recommended
Dec 16, 2025
Raymond M
Gary and team were amazing. Very patient with me as I learned how to buy my first investment property. They are very straightforward and open and will treat you fairly. Gary has a lot of experience with real estate investing himself and works with many other investors, which makes a big difference. You need a loan provider that looks out for you, and Gary proactively called me several times during my deal to provide guidance. I plan to buy may more properties and will work with Gary for all of them. Thanks! ... Read More
Dec 15, 2025
Karen A
The best experience ever - I was given A-1 treatment. Cared about me and my feelings. Very honest and forthright
Dec 13, 2025
Joe J
Working with Gary Krakowski as my mortgage advisor was truly an outstanding experience. From start to finish, Gary made the entire process smooth, stress-free, and easy to understand. He took the time to explain every option, answered every question with patience, and always made sure I felt confident in each step we took. Gary is incredibly knowledgeable, responsive, and genuinely cares about his clients. He kept me informed throughout the entire process, provided clear guidance, and went above and beyond to help me secure the best possible loan. His professionalism and dedication are unmatched. If you’re looking for someone who will put in the work, communicate clearly, and treat you like a priority, I highly recommend Gary Krakowski. I couldn’t have asked for a better advisor. Highly recommend! ... Read More
Nov 30, 2025
Timothy A
Gary and his team were great in every step of the way. Very quick to respond and answered every question we had. Gary got recommended to me by a friend and I understand why and I will be referring him to all my friends as well.
Nov 25, 2025
Stefen O
Great job as always Gary! Thanks for all your help! Highly recommend!
Nov 23, 2025
Ryan G
Gary was great to work with. From start to finish he stayed in contact with me and gave me detailed answers about paperwork and other things regarding the process. I felt that he was also very considerate and understanding of my crazy schedule while politely pushing to keep things on schedule as we moved towards closing. Highly recommend. ... Read More
Nov 22, 2025
