Rate Celebrates New Branch in O’Fallon, Illinois
April 12, 2021 – Rate, one of America’s top 5 retail mortgage lenders, hosted a ribbon-cutting ceremony last week to celebrate the company’s new branch in O’Fallon, Ill., attended by representatives from the O’Fallon Chamber of Commerce. The new office is located at 111A West State St., a short distance from Scott Air Force Base.
“I am extremely excited to serve the O’Fallon community with our new location,” said Cara Srogus, the location’s branch manager. “Since our doors opened in December, we have been fortunate enough to meet many local business owners and members of the community. We also have a true passion for our military homebuyers and wanted to choose a convenient location for them.”
Along with Srogus, who has more than 20 years of industry experience, the new branch will be supported by Sara Long, a Mortgage Consultant; Scott Struense, a Business Development Associate; and Kevin Johnson, a Licensed Sales Assistant. Srogus and her team will have a special focus on assisting veterans and active-duty military members in the homebuying process.
“We are thrilled to be bringing such an experienced team to our new branch in O’Fallon,” said Greg Griffin, a Senior Vice President of Strategic Growth for Rate. “Their combined knowledge and expertise will be an invaluable asset as we continue to grow throughout the region.”
Rate, which was founded in 2000, delivers competitive pricing, innovative mortgage products and unmatched expertise from top-producing loan officers. The company is well known for introducing the world’s first digital mortgage, an easy-to-understand, transparent loan process that enables industry-leading customer satisfaction and exponential growth.
To learn more, please visit rate.com/carasrogus.
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 largest retail mortgage lenders in the United States, funding over $73 billion in 2020. Founded in 2000 and licensed in all 50 states and Washington, D.C., Rate, Inc. 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 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 honors and awards including: Top Lender for Online Service for 2018 by U.S. News & World Report; Best Mortgage Lender for Online Loans and Best Mortgage Lender for Refinancing by NerdWallet for 2021; 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 2019; Chicago Agent Magazine’s Lender of the Year for five consecutive years; Chicago Tribune's Top Workplaces list for seven consecutive years. Visit rate.com for more information.