Broker Near Me

Joe Magnelli

NMLS 363231
325 S. Randall Road, ELGIN IL 60123
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Get to know Joe

With nearly 30 years in banking and mortgage lending, I serve as a Residential Mortgage Officer at First Federal Savings Bank, providing customized home financing solutions for buyers, homeowners, and real estate investors. I hold a Finance degree from DePaul University and specialize in residential mortgages, multifamily properties, and new construction lending. I offer expertise in structuring refinances, guiding borrowers through new construction projects.

Why choose Joe?

Licensed in:

Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Washington, D.C.

Loan Products:

Adjustable-Rate Mortgages (ARM)
Conforming Loans
Conventional Loans
Fannie Mae
FHA
Fixed-Rate Mortgages
Freddie Mac
Jumbo Loans
Non-Conforming Loans
USDA
VA

Years of experience:

29

Languages spoken:

Italian

Brokerage info

Questions? Joe has answers.

We prompted questions to Joe so you can learn more about their skills, preferences, and availability.

Clients can expect clear communication, guidance at every step, and a smooth, straightforward process from start to finish. I explain everything in simple terms, keep them informed throughout the proc

Click on my website and apply online. The typical documents needed: two years of tax returns (including W-2s), one month of pay stubs, two months of bank statements, and a copy of your driver’s li

The best place to start is with a conversation so we can review your options and help you understand what’s possible based on your income, credit, and down payment before you begin shopping.

I enjoy working with all buyers and make the process as simple as possible, clearly listing your financing options so you and your family can choose the one that’s best for you.

For out-of-state clients, the process is very simple—we handle everything through Zoom calls, emails and phone calls to keep things smooth and convenient.