Senior Mortgage Advisor

Alessandro Madonia

Senior Mortgage Advisor NMLS# 224210 Licensed in IL, FL, TX, TN, and WI

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(630) 300-8706 [email protected]

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 17 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.

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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 Alessandro's clients have to say

José Luis R

As a first-time homebuyer who's not good with numbers, I always felt like I was in good hands with Alessandro and his team. Alessandro always made sure I understood everything he was explaining to me by repeating himself in different ways until I got it. Also, when I felt uncomfortable or unhappy with something, we worked together to make sure that I was at ease and content with my plan. Shout out to his assistant Jill who was also super helpful throughout the process. If you need someone who is experienced, can simplify things for you, and really looks out for your best interest, 100% go with Alessandro and his team! ... Read More

Apr 05, 2024

Dan W

Alessandro and his team were incredible. They worked with my wife and I every step of the way as we purchased our first home. And they answered every question, no matter how silly, with professionalism and expertise. Highly recommend! ... Read More

Mar 30, 2024

Mauricio C

My experience with Alessandro was very good. He was always quick to answer any questions I had.

Mar 30, 2024

Alma N

Alessandro is great. Walked us through the entire process and made it all super easy. We had minor problems that he tackled like the professional he is. Highly recommend!

Mar 28, 2024

Barb I

Alessandro was amazing! He explained the whole process to me in a way that i could understand it. And he answered all my questions in a timely fashion. He made getting a home loan a wonderful experience. I would recommend him to anyone but especially to firstvtime home buyers. ... Read More

Mar 23, 2024

Janet B

Alessandro has more patience with me through the process. I don’t think i thanked him enough!He’s the best!

Mar 23, 2024

Gabriela L

Alessandro and his team are amazing. Very educational, seamless process. Great communication! Made everything so easy. Will definitely use him again and recommend him to everyone I know. Thanks Alessandro!!

Mar 09, 2024

Emily C

Alessandro and his team were fantastic to work with. They truly went above and beyond for me. Wholeheartedly recommend them!

Feb 18, 2024

Katie D

Alessandro and his team were amazing to work with. I felt I could contact them at any time with my questions and everything was handled quickly. They made the finance/lending side of this process go smoothly. Highly recommend!!!

Feb 02, 2024