Rate Taps Shaughnessy Rice as a Vice President of Mortgage Lending in Illinois
February 1, 2021 – Rate, one of the largest retail mortgage lenders in the country, has named Shaughnessy Rice as a Vice President of Mortgage Lending based in Champaign, Ill.
“Shaughnessy is a great addition to the Rate team,” said Greg Griffin, a Senior Vice President of Strategic Growth for Rate. “Hiring talented loan originators like Shaughnessy, who understand their unique local markets, is key to Rate’s continued and momentous growth.”
Rice joins Rate with 24 years of mortgage lending experience and has assisted thousands of clients, from first-time home buyers to seasoned owners. He will support Rate in building meaningful relationships with borrowers and business partners throughout Illinois.
“I take pride in thoroughly educating my customers throughout the mortgage transaction, so they fully understand their options and feel comfortable with their chosen loan program,” said Rice. “I’m excited to continue serving my clients at Rate and simplifying the mortgage process using the company’s innovative technology.”
To learn more, please visit: rate.com/shaughnessyrice
About Rate Companies
The Rate Companies, which includes Rate, Inc., Guaranteed Rate Affinity, LLC, and Proper Rate, LLC, has more than 9,000 employees in over 750 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 located in all 50 states and Washington, D.C., Rate Companies 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 byU.S. News & World Report; Best Mortgage Lender for Online Loans and Best Mortgage Lender for Refinancing byNerdWalletfor 2021;HousingWire’s 2020 Tech100 award for the company’s industry-leading FlashCloseSMtechnology; No. 3 ranking inScotsman Guide's Top Retail Mortgage Lenders 2019;ChicagoAgent Magazine’s Lender of the Year for five consecutive years;Chicago Tribune's Top Workplaces list for seven consecutive years. Visitrate.comfor more information.