Senior Mortgage Advisor

Alessandro Madonia

Senior Mortgage Advisor NMLS# 224210 Licensed in IL, FL, TX 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.

Read More 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.

  • 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

Eveline L

Alessandro/team was great to work with. The process was fast and easy.

Sep 01, 2023

Denise C

Amazing customer service, very prompt and thorough. This process could have been a stressful nightmare, especially for first time buyers, but they really took away all worries and made sure we understood every step. Truly Alessandro and his team are to work with. HIGHLY recommend. ... Read More

Aug 25, 2023

Luis F

When it comes to getting the deal DONE Mr. Alessandro Madonia is RELENTLESS at achieving results. His dedication and efficiency is what you need in today's competitive market. He was available for me every step of the way. Whether it was checking numbers on countless properties (trust me I go over board on speculation, for ever property I analyze) , or whether it was breaking things down for me, he was ON IT ! He was persistent on this recent close that we did, and I truly believe I would have NOT gotten this single family home for my family if it wasnt for his skill / perseverance. HIGHLY RECOMMENDED. If you need a guy thats great with numbers, quick in response, This is your guy. Thank you guys! ... Read More

Aug 25, 2023

Alex R

As a real estate attorney who's seen it all, working with Alessandro, the loan maestro, has been a breath of fresh air. This guy doesn't just crunch numbers; he waltzes through them with finesse. Alessandro's financial wizardry is matched only by his charm. He makes complex loan matters feel like a cakewalk, and his knack for explaining the ins and outs of financing could turn anyone into a finance nerd. Not to mention he's also a really cool guy. In a world where collaboration can sometimes feel like pulling teeth, Alessandro and his team stand out. He's the loan officer you want on speed dial for every transaction. Want the verdict? Alessandro and his team get my legal stamp of approval without a single objection! ... Read More

Aug 24, 2023

Ulises Z

Very helpful and informative from start to finish. Great people!

Aug 06, 2023

Diego N

This is the second time we have worked with Alessandro and it won't be the last. He was always there for each and every concern we had throughout the entire loan process. Not one call went unanswered. My wife and I felt extremely comfortable and could not have asked for a better loan officer. ... Read More

Aug 01, 2023

Jake C

Alessandro and his team were amazing throughout the loan process from application to closing. Always available, timely responses, friendly and helpful every step of the way. We had a variety of preapprovals to choose from across different companies, but we chose to go through Alesandro and Preferred Rate because of the transparency and clarity provided at every turn. Definitely recommended. ... Read More

Aug 01, 2023

Cory P

Allesandro helped me get approved for a mortgage quickly and easily, explained details and other information in a concise and easy to understand way. Would recommend!

Jul 30, 2023

Ulises Z

Alessandro and Jill did an excellent job. They really helped me throughout the process. I would absolutely do business with them in the future.

Jul 25, 2023