Magdalena Vera
Mortgage Advisor NMLS# 220704 Licensed in IL, IN
1801 S. Meyers Rd. Suite 500
Oakbrook Terrace, IL 60181
Branch License #1962205
About Magdalena Vera
Your mortgage is personal, and I understand that.
As an experienced Residential Mortgage Advisor, I am here to provide personalized solutions to suit your needs. At Preferred Rate, we are an in-house lender which allows us to give the most competitive rates. We are a trusted and highly respected name in the industry.
I specializes in first time home buyers, IDHA programs, 203K loans as well as FHA, Conventional and Reverse Mortgages. I am also fluent in both Spanish and English and proud to be a US Marine. As an experienced Residential Mortgage Advisor, I am here to provide personalized solutions to suit your needs. At Preferred Rate, we are an in-house lender which allows us to give the most competitive rates. We are a trusted and highly respected name in the industry.
I specializes in first time home buyers, IDHA programs, 203K loans as well as FHA, Conventional and Reverse Mortgages. I am also fluent in both Spanish and English and proud to be a US Marine.

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!
Magdalena's team
Maria E. Wirth
Loan Officer Assistant
NMLS# 205157 Licensed in Licensed in IL
1801 S. Meyers Rd., Suite 500
Oakbrook Terrace, IL 60181
Branch NMLS# 1962205
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 Magdalena's clients have to say
Daholda
I love Maggie and the whole team Help me and my wife close on a home within 1 month will highly recommend
Mar 01, 2023
Bobbi Nicole C
Maggie is the best! Helped me through everything with the home buying process, explained everything so well, and made the process stress free! Strongly recommend!
Feb 27, 2023
Bobbi Nicole C
Maggie is the best! Helped me through everything with the home buying process, explained everything so well, and made the process stress free! Strongly recommend!
Feb 27, 2023
Antoinetta P
Maggie is very thorough and patient. I've already recommended her to three people and will continue to do so! Great experience for my first owning my first home!
Feb 25, 2023
Antoinetta P
Maggie is very thorough and patient. I've already recommended her to three people and will continue to do so! Great experience for my first owning my first home!
Feb 25, 2023
Glenn Mayo I
Excellent service! Constant communication and willing to answer any questions. Worked for extra hours to guarantee process was completed as soon and as accurately as possible. If anything was needed, they would immediately contact us. Wonderful work made everything simple for beginners like us. Job well done! ... Read More
Feb 25, 2023
KARLA C
I had such a great compassionate experience from start to finish. Maggie and her team walked and guided me and my dad through the whole process. I learned so much and she built my trust in being a new home owner. I would highly recommend her to bless so many others. Thank you so much Maggie you are beyond words!! ... Read More
Feb 24, 2023
Timothy S W
Maggie was recommended to me after my wife and I had a horrible experience with another mortgage brokerage firm. She was able to work with us through several challenges and remained professional and very responsive throughout the entire process. She also was able to recommend a very good insurance brokerage firm as well. We were very happy with Maggie's services. ... Read More
Jan 12, 2023
Tekeyia H
First time home buyer and I can say my experience was a good one. A little discouraging to start but the entire process went so smooth with no hiccups. Maggie was very helpful and thorough.
Jan 07, 2023