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
Nico B
Alessandro did an amazing job helping us buy our first home, he helped me through every step and kept me informed the whole way through. he was always a text or call away, and even if he was busy at the time I could always expect a call or text back within the hour. He made it an amazing experience. ... Read More
May 12, 2022
Shamika G
My husband and I were first time home buyers. We knew nothing about loans or the housing market. Alessandro was highly recommended to me by my realtor. I can’t say enough great things about him or his assistant Jill. Alessandro took the time to explain to me my loan options, the pros and cons of each and broke each document down for me. Everything was done in a timely and efficient manner with great professionalism. Buying a house is a scary and big financial move but with Alessandro’s work ethic and transparency you are in great hands! ... Read More
May 03, 2022
S M
Our experience was top notch from beginning to end! Alessandro always made himself available to answer any questions we had, and walked us through the process every step of the way. We would definitely recommend him and will use him again in the future! ... Read More
Apr 25, 2022
Jennessa H
Everything went super smooth!! A+
Apr 20, 2022
Warwick P
This was our first time using Alessandro and his team. They were awesome from start to end. Alessandro was always available to talk if we need to speak to him, but most of the time his team were so awesome we never really needed to. We're extremely happy with the whole process and would definitely use them again! ... Read More
Apr 20, 2022
Warwick P
This was our first time using Alessandro and his team. They were awesome from start to end. Alessandro was always available to talk if we need to speak to him, but most of the time his team were so awesome we never really needed to. We're extremely happy with the whole process and would definitely use them again! ... Read More
Apr 20, 2022
Karla D
Alessandro and his team were amazing throughout the whole process. Communication was outstanding, highly recommend!
Apr 15, 2022
Tammy C
Alessandro and Jill were great to work with on my refinance. It was a smooth process from start to finish. Great communication with both. They were quick to answer any questions or concerns I me at have had. Thanks guys!
Apr 13, 2022
Emmanuel D
My wife and I had the pleasure of working with Alessandro and his wonderful team. They made the whole process of buying a home so easy. Alessandro was patient and understanding. He answered all questions and concerns we had taking a lot of stress out of the mortgage process. I would recommend him to anyone looking for a mortgage. We couldn't be more pleased. Thank you Alessandro for the amazing service! ... Read More
Mar 02, 2022