About Jeff Madden
Jeff began his mortgage career in 1997 after graduating from the University of Illinois at Urbana-Champaign. He quickly won production awards as a top loan officer due to his ability to take care of the client and deliver an efficient and transparent mortgage approval process. In 2018, Jeff brought his experience and knowledge of the mortgage lending industry to Rate to further improve his focus on the client. One of the many reasons that Jeff chose to partner with Rate is their complete focus on customer service. Rate is an industry leader in regards to technology and was the first mortgage company to deliver an entirely digital mortgage approval process. Because 100% of his new business comes from referrals, it is his promise to make these referral sources proud that they referred him to their clients and friends. Jeff believes that the finest compliment one can ever receive is a referral from a real estate associate, trusted adviser, or previous client. Jeff has been a resident of the Oak Park/River Forest area since 1999 where he resides with his wife Elizabeth and son Henry. In his free time, he enjoys playing and listening to music, reading books on Chicago-area architecture and history, and helping Elizabeth with her jam-making business.
We can make it happen!
Bank Statement loans
Self-employed? Our Bank Statement Loan program allows self-employed borrowers to seek a home loan without tax returns, W2s or pay stubs.
Foreign National loans
Not a US Citizen? Foreign National loans are available without a social security number, green card, or visa and do not require a FICO score.
We're in your pocket
We're committed to you as a whole person, from financial to physical and emotional wellness. Get the Rate experience in a convenient app to fit your lifestyle on-the-go.
The Rate App allows you to:
Monitor your loan status
Connect with your loan team
Calculators, tools, guides, and advice
Track your home value
Wellness tips to help you grow holistically
Download our app
Now available on
Located at 3940 North Ravenswood, Chicago IL, 60613
*Rate's 5-minute pre-approval refers to an automated underwriting review of borrower submitted loan documentation and subsequent pre-approval and should not suggest to a borrower that Rate has fully funded or approved the borrowers mortgage application within 5 minutes. Rate cannot guarantee that a loan will be approved or that a closing will occur within a specific timeframe. Not all borrowers will be approved. Borrower's interest rate will depend upon the specific characteristics of borrower's loan transaction, credit profile and other criteria. Restrictions apply.
**Rate's Same Day Mortgage promotion offers qualified customers who provide certain required financial information/documentation to Rate within 24 hours of locking a rate on a mortgage loan the opportunity to receive a loan approval within 1 business day of timely submission of documentation and does not suggest that the borrower will receive funding on the same day as their application submission. For purposes of this offer, documents provided after 1 pm local time or on a weekend or company holiday will be deemed submitted the next business day. Rate cannot guarantee that a loan will be approved or that a closing will occur within a specific timeframe. Rate reserves the right to revoke this approval at any time if there is a change in your financial condition or credit history which would impair your ability to repay this obligation. Read and understand your Loan Commitment before waiving any mortgage contingencies. Borrower documentation and Intent to Proceed must be signed within 24 business hours of receipt. Not eligible for all loan types or residence types. Minimum down payment requirements apply. Not all borrowers will be approved. Borrower's interest rate will depend upon the specific characteristics of borrower's loan transaction, credit profile and other criteria. Not available in all states. Restrictions apply. Visit rate.com/same-day-mortgage for terms and conditions.
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