GRaffordable Loan Finder Enhances the Digital Mortgage Experience
June 23, 2020 (CHICAGO) – Rate, one of the largest retail lenders in the nation, continues to redefine the digital mortgage experience by offering innovative technology tools that allow clients to safely, simply and securely purchase or refinance without ever leaving their homes.
GRaffordable is the marquee tool at the front-end Rate’s award-winning digital mortgage platform. By answering a few questions about their home purchase or refi, borrowers can use the mortgage estimator to gain visibility into specific loan options in as few as 90 seconds.
“The GRaffordable loan finder tool is the best mortgage calculator in the industry. It allows borrowers to access real-time rate and payment information, and select the loan product that best suits their needs, all in just seconds,” said Rate Founder and CEO Victor Ciardelli. “With rates hovering at historic lows, there’s never been a better time to be a homebuyer. With the GRaffordable platform, we continue to offer transparency to our customers and agent partners so that they get a clear picture of what they can afford.”
Our full suite of digital tools not only enables social distancing, but also gives borrowers the confidence to reach their unique financial goals when making important home-buying decisions. According to The Mortgage Reports, Rate topped the list of non-bank lenders for the lowest average rates and fees for 30-year mortgages in 2018 and 2019.
GRaffordable saves customers, loan originators and real estate agents time and also offers:
- 24/7 online accessibility without requiring any personal contact information or login
- Options for Conventional, Jumbo, FHA and VA
To learn more about GRaffordable, visit: https://loanfinder.guaranteedrate.com
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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 licensed 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 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.