Rate Continues Expansion with Two New Branches in Virginia
August 13, 2021 (ARLINGTON, Va.) – Rate, one of America’s top 5 retail mortgage lenders, announces the opening of two new locations in Arlington, Va.
The branches, which are both located at 1300 N 17th St, Suite 570 in Arlington, significantly expand the company’s presence in Virginia and the Washington, D.C. metropolitan area in order to meet growing borrower demand.
“Rate experienced impressive growth in 2020, nationally and in the DMV area,” said Jeff Nelson, the Divisional Manager for Rate’s Southeastern region. “These new branches in Arlington, along with the incredible talent behind them, will allow us to meet this growth and help more borrowers throughout the region.”
To oversee the new locations, Rate brought on six loan professionals with decades of combined mortgage industry experience and a deep understanding of Arlington’s market.
The first branch welcomes Manager Craig Miller, along with Brandon Frye and Robert Kfoury as Senior Vice Presidents of Mortgage Lending. Together, the team boasts 50 years of lending experience, with each consistently ranking as a Washingtonian Top Producer.
The second branch, which is overseen by Manager Keith Stiles, welcomes Alex Barresi, Ryan Larson and Josh Friedson. These Senior Vice Presidents of Mortgage Lending, who also ranked as Washingtonian Top Producers, hold more than five decades of combined experience and will assist a wide range of clients, from first-time buyers to experienced borrowers.
Rate’s expansion in the Washington, D.C. metropolitan area comes after a record-breaking 2020 in which Rate Companies funded more than $73 billion in total loan volume and expanded its workforce to more than 10,000 employees nationwide.
To learn more, please visit rate.com.
About Rate Companies
The Rate Companies, which includes Rate, Inc., Guaranteed Rate Affinity, LLC, and Proper Rate, LLC, has more than 10,000 employees in over 850 offices across the United States. Headquartered in Chicago, Rate Companies is one of the top 5 retail mortgage lenders in the United States, funding over $73 billion in 2020. Founded in 2000 and located in all 50 states and Washington, D.C., Rate 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. In 2017, the company launched Guaranteed Rate Affinity, LLC, a mortgage origination joint venture between Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY), a global leader in residential real estate franchising and brokerage. In 2020, the company launched Proper Rate, LLC, a mortgage origination joint venture between Rate, Inc. and @properties, one of the nation's largest residential brokerage firms. Collectively, the Rate Companies have earned numerous honors and awards including: Forbes Advisor’s Top 10 Mortgage Lenders for 2021; Best Mortgage Lender for Online Loans and Best Mortgage Lender for Refinancing by NerdWallet for 2021; 2018 Top Lender for Online Service by U.S. News & World Report; HousingWire’s 2020 Tech100 award for the company’s industry-leading FlashClose SM technology; No. 3 ranking in Scotsman Guide's Top Retail Mortgage Lenders for 2019; Chicago Agent Magazine’s Lender of the Year for five consecutive years; and Chicago Tribune's Top Workplaces list for seven consecutive years. Visit rate.com for more information.
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