Guaranteed Rate Breaks Company All-Time Record with $3.94 Billion of Locked Loan Volume in April
CHICAGO, Ill., May 13, 2019 – Guaranteed Rate, one of the largest retail mortgage lenders in the nation, celebrates another record-breaking month in April, positioning 2019 to be its largest year of total loan volume since the company’s inception.
“I am absolutely thrilled with our record-breaking April in both funding and locked volume. Residential mortgage lending is a demanding business and it takes determination and grit to succeed,” said Victor Ciardelli, Founder and CEO of Guaranteed Rate. “With each passing year, Guaranteed Rate is becoming more and more the go-to mortgage lender for consumers nationally and this trust is reflected in our record-breaking April numbers.”
Guaranteed Rate locked a total of $3.94 billion in April. This surpasses the company’s previous record of $3.46 billion in March.
Since 2000, Guaranteed Rate has delivered competitive pricing, mortgage products and unmatched expertise from its top-producing loan officers, helping thousands of customers move into their dream homes. The Company introduced the market’s first Digital Mortgage, creating an easy-to-understand, transparent loan process, which has led to an industry-leading customer satisfaction rating and exponential growth.
For more information, visit: https://www.rate.com/.
About Guaranteed Rate Companies
The Guaranteed Rate Companies, which includes Guaranteed Rate Inc., and Guaranteed Rate Affinity, LLC, has over 5,000 employees in a total of 700 offices across the U.S and will fund $36 billion in 2019. Headquartered in Chicago, Guaranteed Rate Inc. is one of the largest retail mortgage lenders in the United States. Founded in 2000 and licensed in all 50 states and Washington, D.C., it has helped homeowners nationwide with home purchase loans and refinances. The company has established itself as an industry leader by introducing innovative technology, offering low rates and delivering unparalleled customer service. 2017 marked the launch of Guaranteed Rate Affinity, LLC, a mortgage origination joint venture between Guaranteed Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY), a global leader in residential real estate franchising and brokerage. Collectively, the companies have earned honors and awards including: "Top Lender for Online Service" for 2018 by U.S. News & World Report; No. 3 ranking in Scotsman Guide's Top Retail Mortgage Lenders 2018; Chicago Tribune's Top Workplaces list for seven consecutive years; and Best Online Lender and Best Lender for FHA Streamline Refinance by NerdWallet in 2019. Visit rate.com for more information.