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
Pedro M
Communication, professionalism and punctuality. This is exactly what you’ll get from Alessandro. After receiving the polar opposite from a big bank, decided to reach out to Alessandro for my mortgage loans needs. Having that initial 15 minute discussion gave me everything I needed to proceed with him. If you want a personable, approachable and honest mortgage advisor, look no further. ... Read More
Mar 25, 2023
zuser201403301046462
Communication, professionalism and punctuality. This is exactly what you’ll get from Alessandro. After receiving the polar opposite from a big bank, decided to reach out to Alessandro for my mortgage loans needs. Having that initial 15 minute discussion gave me everything I needed to proceed with him. If you want a personable, approachable and honest mortgage advisor, look no further. ... Read More
Mar 25, 2023
Yesenia F
Alessandro walked my husband and I through the buying process and answered the many questions we had. He was always available for a call and happy to help. Would recommend him to anyone!
Feb 26, 2023
Sergio S
Alessandro and his team were excellent in helping us finance our first home. They always kept in touch and made the process incredibly easy. Would definitely recommend them and will use them in the future.
Feb 23, 2023
Sergio S
Alessandro and his team were excellent in helping us finance our first home. They always kept in touch and made the process incredibly easy. Would definitely recommend them and will use them in the future.
Feb 23, 2023
steven d
This is my second time buying a house and Alessandro was amazing to work with. Very clear and down to earth with the way he talked he doesn’t try to use unnecessary language to make himself seem smarter. He is straight to the point and straight forward I will definitely use him again if I ever move, and I’ll be recommending him to anyone looking to buy! ... Read More
Jan 30, 2023
Kaushik S
I recently worked with Alessandro and his assistant Jill for our loan process, and it was a great experience all throughout! He was proactive and super approachable throughout and answered all our questions down to the tiny details as required. Being new in US housing market, we really appreciated this aspect as we always had a ton of doubts in mind, several of them likely trivial! Having spoken to several lenders, Alessandro seemed the most convincing, genuine and knowledgeable to me. And I would totally recommend to leverage his services! ... Read More
Jan 23, 2023
Jonny S
It was an absolute pleasure working with Alessandro and his assistant Jill for our loan process. He was proactive and super approachable throughout and answered all our questions down to the tiny details as required. Being new in US housing market, we really appreciated this aspect as we always had a ton of doubts in mind, several of them likely trivial! Having spoken to several lenders, Alessandro seemed the most convincing, genuine and knowledgeable to me. And I would totally recommend to leverage his services! ... Read More
Jan 14, 2023
Kaushik S
It was an absolute pleasure working with Alessandro and his assistant Jill for our loan process. He was proactive and super approachable throughout and answered all our questions down to the tiny details as required. Being new in US housing market, we really appreciated this aspect as we always had a ton of doubts in mind, several of them likely trivial! Having spoken to several lenders, Alessandro seemed the most convincing, genuine and knowledgeable to me. And I would totally recommend to leverage his services! ... Read More
Jan 14, 2023