Michael Krakowski
Sr. Mortgage Advisor NMLS# 225734 Licensed in CA and IL
1801 S. Meyers Rd., Suite 500
Oakbrook Terrace, IL 60181
Branch License #1962205
About Michael 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!
Michael's team
Alan Walsh
Mortgage Advisor/Loan Officer Assistant
NMLS# 1072858
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 Michael's clients have to say
S J
Mike was very helpful throughout the whole process, flexible, easy to reach, and helped me save money. Thanks for everything!
Sep 10, 2023
Kelly G
Mike was very helpful and patient with me during the home buying process. Very easy going, simplified things for me and helped me get a lower rate, I recommend him to anyone else looking to close on a loan.
Sep 03, 2023
Sean G
Greatly appreciated my experience with the team at Preferred Rate Mortgage these past few weeks while closing on my new home. Very organized, proficient and timely services. Michael K was able to make me aware of an opportunity to further improve my mortgage package and cost to close which I was not previously aware of. Substantially improved my closing financials and 30 year rate. The team was instrumental in pulling off a very quick closing schedule! Thank you much! ... Read More
Aug 28, 2023
Paul F
Mike was great. Explains each step, calms aniexty, it was 19 years since we purchased property and a lot changed, and Mike and his whole team guided us through!
Jun 26, 2023
Vicki E F
Mike was great to work with, very knowledgeable, helped me to deal with stress by explaining everything & guiding step by step through the home buying process. I highly recommend Mike to everyone!
Jun 17, 2023
Jeffrey S
Had a short closing window and did a great job with follow up and making it happen.
May 31, 2023
Devin W
I highly recommend Mr. Krakowski and his team. They provided help throughout the entire process. All questions were answered in a timely fashion. Besides being a great team to work with, they are all great people as well. You can clearly tell that they care about you and they put you as the number one priority! ... Read More
May 26, 2023
Brian K
Michael was helpful beyond what I expected. He’s on top of his game! Highly recommend him and preferred rate
May 08, 2023
Michelle K
Mike and his team were excellent! Always made sure any question I asked was explained in great detail, plus some added knowledge I did not know during my first home purchase. Would definitely recommend his service! Thanks Mike! Catch you at the house warming party :) ... Read More
May 05, 2023
