Mortgage Advisor

Michael E. Fornero

Mortgage Advisor NMLS# 231714 Licensed in IL

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(630) 400-8144 [email protected]

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

About Michael E. Fornero

Your mortgage is personal, and I understand that.

Michael has been a loan originator since 1994 and has a background in Financial Planning since 1985. He believes in taking an innovative approach when working with a client and their financing needs. Mortgage financing is more than just rates and data gathering. Meeting the client’s objectives is the philosophy that has worked for Michael for more than 26 years.

Michael has been fortunate to build many great relationships and friendships with his clientele and he holds those sacred as it’s the biggest reason he has always enjoyed his work.
He is a father of three wonderful sons, whom he is very proud of.
Michael has been a loan originator since 1994 and has a background in Financial Planning since 1985. He believes in taking an innovative approach when working with a client and their financing needs. Mortgage financing is more than just rates and data gathering. Meeting the client’s objectives is the philosophy that has worked for Michael for more than 26 years.

Michael has been fortunate to build many great relationships and friendships with his clientele and he holds those sacred as it’s the biggest reason he has always enjoyed his work.
He is a father of three wonderful sons, whom he is very proud of.

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!

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

Vince V

Best place possible to get a mortgage. The attention to detail and the time and effort they put is very appreciated and recognized. Every time I had a question I had an answer within minutes. I cannot express how easy they made the process. ... Read More

Mar 09, 2024

Jordan F

Mike was extremely helpful and accommodating during my lengthy home-buying process! He listened to my needs, answered my questions and got me exactly what I needed when it came to my loan.

Aug 29, 2023

Jordan F

Mike was extremely helpful and accommodating during my lengthy home-buying process! He listened to my needs, answered my questions and got me exactly what I needed when it came to my loan.

Aug 29, 2023

Derrick E

Mike was awesome. He kept me informed throughout the process, was prompt returning my calls and kept everything on track to insure a smooth approval.

Nov 22, 2022

Addison C

I had an excellent experience with Mike Fornero and the Preferred Rate team. They were extremely helpful every step of the way and I can not say one bad thing about them. Mike was very personable, and knowledgeable about any options that were available to me for my mortgage. Thank you so much ! ... Read More

Apr 16, 2022

Vered W

Great! Very organized and efficient closing

Mar 05, 2022

Barbara L

Mike was attentive to our mortgage application and made sure we met all the necessary timelines. We would definitely use him in the future and recommend him to others.

Dec 28, 2021

Daniel V

Mike was professional and courteous throughout the process. Everything was smooth and seamless. Enjoy working with Mike that's why I keep coming back to him for his amazing service. Highly recommend!

Dec 28, 2021

David G

Great service. Very responsive and got everything done in time for a 21 day close. GREAT WORK

Sep 11, 2021