Sr. Mortgage Advisor

Michael Krakowski

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

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(630) 881-7902 michael.krakowski@preferredrate.com

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

About Michael Krakowski

Your mortgage is personal, and I understand that.

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

Steve M

I can't put into words how amazing an experience it was working with Mr. Krakowski and his team! From start to finish and from the top to bottom with Michael himself and his group, everyone was beyond helpful and informative. This team truly made what can be one of the most challenging times seem like a walk in the park. I would absolutely recommend the Krakowski group for any mortgage needs! ... Read More

Mar 13, 2021

Kyle E

Michael's team was very helpful throughout the entire process and very responsive to any questions I had.

Mar 09, 2021

Kathy H

Michael was amazing in getting the best rate and delivering on time. As always Michael under promised and over delivered.

Feb 25, 2021

Melanie G

Great to work with!

Feb 20, 2021

Georgia L

Mike was amazing! He was quick, responsive and very helpful. I recommended him to my brother and a friend of mine, and they all loved working with him!

Feb 06, 2021

Denise M

Mike and Allen are amazing. They definitely get things done and make magic happen. I am forever thankful for there help and making this process so much easier.

Feb 06, 2021

Shannon B

ONCE AGAIN!! Mike gets the job done. I have used him 4 times, and two of those times he had to help the other lenders out because our closing wasn't going to happen! He knows what he is doing! Quick at doing it! And has one great personality!! I have almost lost out on two home sales if it wasn't for him to help out the buyers to get these deals done!!! HE GOES ABOVE AND BEYOND!!!! ... Read More

Feb 04, 2021

Moshe J

Working with Michael and his team was the amazing experience dealing with a lender. Our stream line refinancing couldn’t have gone smoother it was quick and painless no hidden agenda or fees he explained every step of the process and saved us a ton of money on our mortgage. I would recommend him to all our friends and family. ... Read More

Jan 28, 2021

Heather V

Very informative and helpful

Jan 20, 2021

equal housing opportunityNMLS CONSUMER ACCESS LINK: NMLS #1850

© 2021 American Pacific Mortgage Corporation. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Equal Housing Opportunity.

Licensed by the Dept. of Business Oversight under the CRMLA.

Licensed as Preferred Rate in AL, CA, CO, FL, GA, IL, IN, KS, KY, LA, MA, MD, MI, MO, MS, NC, OR, TN, TX, VA, WA, and WI. Preferred Rate operates under American Pacific Mortgage in AZ and NV. AZ Corp BK 0906702. CA DRE #01215943. Regulated by the Colorado Division of Real Estate. Georgia Residential Mortgage Licensee. NV MB 2941/164. Licensed under the Oregon Consumer Finance Act.

Licensed by the Illinois Department of Financial & Professional Regulation, Residential Mortgage License # MB.6761304 | James R. Thompson Center | IDPR – Residential Mortgage Banking | 100 West Randolph St, 9th Floor | Chicago, Illinois 60601 | (844-)768-1713

Licensed by the Department of Financial & Professional Regulation, Residential Mortgage License # MB.6761304

The Department of Financial and Professional Regulation (Department) evaluates our performance in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department." (Source: P.A. 101-657, eff. 3-23-21.)

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIALMORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.”