Alessandro Madonia
Senior Mortgage Advisor NMLS# 224210 Licensed in IL & FL
1801 S. Meyers Rd. Suite 500
Oakbrook Terrace, IL 60181
Branch License Number #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
- 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
Chris K
Wonderful lender to use, efficient & thorough I highly recommend Alessandro.
Mar 20, 2021
Mark W
Excellent experience. Easy and convenient.
Mar 03, 2021
Jose N
Alessandro was very great to work with. My wife And I were looking to refinance our home and a buddy of mine highly recommended him. So I called him up and we got the ball rolling right away. He works very quick and is extremely friendly. He was happy to answer any questions my wife and I had. His assistant, Jill Blackburn, was also very good. I would highly recommend Alessandro to anybody looking to buy a new home or refinance their home. ... Read More
Feb 20, 2021
Tricia M
Communications were clear & mostly unprompted. Feedback was given in a timely manner. Directions to steps were clear & concise. An over professional & pleasant experience & have recommended you to friends.
Feb 20, 2021
Jose N
Alessandro was very great to work with. My wife And I were looking to refinance our home and a buddy of mine highly recommended him. So I called him up and we got the ball rolling right away. He works very quick and is extremely friendly. He was happy to answer any questions my wife and I had. His assistant, Jill Blackburn, was also very good. I would highly recommend Alessandro to anybody looking to buy a new home or refinance their home. ... Read More
Feb 20, 2021
jenny s
Alessandro was great at explaining complicated parts of loans and made sure I understood everything throughout the process. Canny recommend highly enough! Great to work with and very knowledgeable!!
Feb 18, 2021
Gabriel G
5 stars Alessandro! He is a awesome guy to work with. He knows his stuff.
Jan 29, 2021
Zachary J
Very professional and worked out an ideal solution for our loan. Will be working with Alessandro and Preferred Rate again!
Jan 28, 2021
Robert S
I have bought / sold 6 houses in various states over the years related to work. This was hands down , by Far the best ever ! From ease in application and document submission, through continuous and phenomenal communication right up to closing and obtaining keys. I got immediate , within an hour or two answers to all question . And LOL explains to a non finance person can be a challenge SO.......special kudos and recognition to “Jill”. If it wasn’t fir her , her patience, knowledge and great personality, I’d still be confused. Can’t thank you all enough ! By far the best of the best ... Read More
Jan 09, 2021
