Alessandro Madonia
Senior Mortgage Advisor NMLS# 224210 Licensed in IL & FL
1801 S. Meyers Rd. Suite 500
Oakbrook Terrace, IL 60181
Branch License #1962205
About Alessandro Madonia
Your mortgage is personal, and I understand that.
Alessandro Madonia is a senior mortgage advisor with more than 14 years of experience originating mortgages ranging from Conventional, FHA, VA, and Jumbo loan products.
He has substantial experience originating both purchase and refinance transactions and has extensive knowledge in product guidelines and loan structuring.
His commitment to delivering on promises is what elevates Alessandro's service level above the rest.
Alessandro and his team are committed to providing clients with the highest quality financial services, combined with the lowest rates available.
Preferred Rate has a long history providing financing to clients all over the country. Preferred Rate are a leader in referral based and web-based loan originations while maintaining a high level of customer service throughout the process. Being a Mortgage Banking institution, Preferred Rate controls the entire loan process from start to finish in their state of the art fulfillment center in Oakbrook Terrace, IL.
Alessandro's goal is to create lasting relationships with each of his clients and referral partners so that he may continue providing excellent service for many years to come.
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 Alessandro's clients have to say
Abraar K
I simply cannot express the gratitude I feel towards Alessandro & his team. As first time home buyers, we had a million questions and Alessandro always took the time to guide us as we navigated buying a home in this wild market. We are so happy with how things turned out and will happily continue doing more business with Alessandro and his team in the future. ... Read More
Nov 02, 2022
Karina R
I simply cannot express the gratitude I feel towards Alessandro & his team. As first time home buyers, we had a million questions and Alessandro always took the time to guide us as we navigated buying a home in this wild market. We are so happy with how things turned out and will happily continue doing more business with Alessandro and his team in the future. ... Read More
Nov 02, 2022
Parker B
Alessandro was phenomenal to work with. He was available at any time for us to run numbers on properties we liked. Very professional and would call to talk thru questions I had. I would highly recommend him to anyone shopping in this crazy housing market we are in. Thank you Alessandro! ... Read More
Nov 02, 2022
Francheska V
I had a great experience working with Jill and Alessandro! They worked with me on financing my first home. They were very responsive and worked quickly to get me to closing.
Oct 14, 2022
Eileen H
Alessandro and his staff were a pleasure to work with on our home mortgage. They were knowledgeable, professional and very responsive to any of our questions. I highly recommend him for all your mortgage needs.
Aug 08, 2022
Marissa B
I used Alessandro and Preferred Rate for my first time buying a home and I could not be more pleased with them. I don’t have great credit but they worked hard to get me approved at the best possible rate. Alessandro and his assistant Jill were both phenomenal at answering any questions I had about the home buying process. He always made sure to explain everything to me very throughly in a way that made it easy for a first time buyer to understand. I highly recommend using Alessandro if you want to get a great rate and amazing customer service. ... Read More
Aug 04, 2022
Olga A
Alessandro was incredible to work with. From the very start he was extremely responsive and patient with us. As a new home buyer in this wild market we were terrified of how this could all play out but Alessandro did an amazing job walking us through the ins and outs of the entire process. He made sure every part of this difficult journey was 100% understandable. He was always available for our million questions. We couldn’t have been happier with our experience with him and in the future should we choose to do this all over again, I would certainly reach out to him again. ... Read More
Jul 26, 2022
Bob K
Was fantastic from start to finish in our mortgage process
Jul 16, 2022
Mateo H
Made my entire home buying experience very helpful. Definitely recommend!
Jul 01, 2022
