Guaranteed Rate Elevates Commitment to Promoting Diversity
September 8, 2020 (CHICAGO) – Guaranteed Rate, one of the largest retail mortgage lenders in the country, is expanding its service and marketing in diverse communities nationwide by naming Camilo Escalante as National Diverse Segments Director.
Guaranteed Rate, which was recently recognized by Crain’s Chicago Business as a 2020 “Notable Business Championing Diversity and Inclusion,” is dedicated to promoting diversity and expanding its commitment to minority communities and borrowers.
“As a company, we are always looking for ways to improve and expand our services to help as many borrowers as possible achieve their dreams of homeownership,” said Guaranteed Rate President and CEO Victor Ciardelli. “By creating this role and bringing Camilo on board, we are better positioned to support all potential homeowners in communities across the country.”
The new role aims to ensure that loan officers continue to serve borrowers in diverse communities, enhancing their access and improving the quality of their lending experience. In this role, Escalante will help recruit a more diverse workforce and increase the accessibility of Guaranteed Rate’s platform to more borrowers.
In its long-standing focus on expanding diversity and inclusion, Guaranteed Rate has developed numerous employee resource groups. These groups include the Guaranteed Rate Organization of Women (GROW) to empower female mortgage professionals, PROUD to support LGBTQ+ employees, and Leadership Equity and Development (LEAD) to develop minority opportunities within the mortgage industry and to foster deep community relationships aimed at increasing minority homeownership.
“I am thrilled to join the Guaranteed Rate team and build on the foundation they’ve created to lead the industry,” said Escalante. “I look forward to working with the company’s executives, loan officers and referral partners as we continue expanding our mortgage solutions and innovative platform to a diverse group of borrowers and communities nationwide.”
Escalante joins Guaranteed Rate with 16 years of industry experience, earning recognition as one of the top loan producers in the country while helping thousands of families achieve homeownership in neighborhoods across Chicago. He was recognized as a Top 1% Mortgage Originator by Mortgage Executive Magazine from 2015 to 2018 and by the National Association of Minority Mortgage Bankers in 2017 and 2018.
A Chicago native, Escalante sits as the Government Affairs Director for the Chicago Chapter of the National Association of Hispanic Real Estate Professionals, a non-profit organization with a mission to advance sustainable homeownership.
About Guaranteed Rate
Guaranteed Rate is one of the largest retail mortgage lenders in the United States. Headquartered in Chicago, the Company has over 5,000 employees in nearly 350 offices across the U.S., and is licensed in all 50 states and Washington, D.C. Since its founding in 2000, Guaranteed Rate has helped hundreds of thousands of homeowners with home purchase loans and refinances and funded more than $30 billion in loans in 2019 alone. The Company has cemented itself as Positively Different by introducing innovative technology, such as the world's first Digital Mortgage, by offering low rates and by delivering unparalleled customer service. Honors and awards include: HousingWire’s 2020 Tech100 award for the company’s industry-leading FlashClose technology; Top Lender for Online Service for 2018 by U.S. News & World Report; No. 3 ranking in Scotsman Guide's Top Retail Mortgage Lenders 2019; Top Lender 2016, 2017 and 2018 by Chicago Agent Magazine; Chicago Tribune's Top Workplaces list for seven consecutive years; and Best Online Mortgage Lender, Best Mortgage Lender for VA loans and Best Conventional Mortgage Lender by NerdWallet in 2019. Visit rate.com for more information.