Andrew Mabadi grew up in Skokie Illinois. He attended Northern Illinois University on a tennis
scholarship and graduated with a degree in economics. Little did he know that his job would
directly deal with economic issues such as monetary policy and the inverse relationship between
bonds and interest rates.
Growing up in a real estate family his father was a broker for over 20 years and in 1992 started a
mortgage brokerage firm. Andrew worked there for 5 years and after that experience decided to
open his own mortgage banking business.
A&E Mortgage Corporation was founded by Andrew in 1998 and he has been the President ever
since. With 15 years experience in the mortgage banking business Andrew has seen it all. Having
closed over 1200 mortgage loans totaling 400 million dollars, and staying in the business
through good time and bad, Andrew is a seasoned veteran. With this experience Andrew has
been able to change his lending practices and adapt to a wide variety of market conditions over
the past 15 years.
Andrew has also held a real estate license since 1995 and understands the trials and tribulations
that realtors in today’s market goes through. He has used his license to purchase and sell 10
different properties of his own over the past 13 years. Currently he owns two buildings a 4 flat
and 3 flat that he rents out in the Wriglyville area.
Working hard to help prospective buyers purchase homes has been a passion of his through out
the years. Staying in touch with clients and making sure they have the appropriate mortgage
vehicle is also extremely important. By staying in touch with his clients Andrew has been able to
sustain his business strictly through referrals, and through his prospecting efforts he has been
able to send business to his real estate partners as well.
Many challenges have come to the mortgage banking business in recent years. Currently there is
a mass exodus from the industry. Only individuals with experience and the know how to adapt
to changing environments will thrive in this market place. A&E Mortgage Corporation looks
forwards to the many opportunities that lie ahead.