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

Don Wilson - Wilson Realty G

Great communication throughout the process which helps to make everyone's job easier. Would highly recommend.

May 14, 2024

Brenna R

What I loved was I was informed about everything every step of the way. Alessandro helped me to understand going through the process what and how things would impact my scores. I was able to make informed decisions abt what was best for me for the loan. ... Read More

May 08, 2024

Mari

Alessandro and Jill and the entire team are phenomenal! I have worked with them for my refinance, and now new purchase and another purchase and have received the BEST service! They answered all my questions, eased my stresses and made the whole process smooth and stress-free. I HIGHLY RECOMMEND THEM! They really go above and beyond to make it happen for their clients! They fight for you and go the extra mile! Thank you Alessandro and team!! ... Read More

May 08, 2024

Mark E

Alessandro is an outstanding lender. His knowledge and dedication made the home buying process quick and easy for me. If you are thinking about buying, call him now.

May 08, 2024

Rob C

Working with Alessandro and his team was smooth from start to finish. Highly recommend!

May 07, 2024

Dennis F

Alessandro is a professional who goes above and beyond to help his clients understand the home buying process. By answering any and all questions that I had with his tremendous knowledge, day and night, made my wife and I feel at ease with the process. He made sure to answer our questions whenever we had them and provided the results with a fast turnaround time. Alessandro is the person you want on your team to get you where you need to be Iife. Thank you for your amazing help, you are THE BEST!!! ... Read More

May 04, 2024

Jaclyn R

Alessandro has handled both of my mortgages and I wouldn't ever consider using anyone else. He is a skilled and friendly professional who advocates for and supports his clients through the process. Alessandro doesn't just try to make your mortgage happen, he helps you understand the process and navigate the systems and actions you need to take to be successful. I always felt I could ask him any question and get a respectful, succinct, and accurate answer. I absolutely trust him and would recommend him without hesitation for both first and repeat home buyers. ... Read More

Apr 30, 2024

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