Guaranteed Rate’s 2012 Year-In-Review
Looking back on an incredible year, Guaranteed Rate is excited about the opportunities to come.
2012 was a year with many milestones for Guaranteed Rate. Doubling last year’s loan origination to over 53,000 loans, Guaranteed Rate was recognized as a Top Ten retail mortgage lender in the country, leaping past other mortgage companies such as PNC and Fifth Third Bank. A record 107 originators qualified for our President’s Club, including a single originator who funded over $400 million in loans, two who funded over $300 million and 22 who funded over $100 million.
Integrating seven strategic acquisitions in 2012, including Superior Mortgage and Manhattan Mortgage, we’ve also hired several regional managers who have recruited numerous top branches and originators for us nationwide, growing the Guaranteed Rate team to more than 2,400 employees and 140+ offices. Our on-going recruiting process has resulted in over 30 of the top 200 originators nationally being a part of the Guaranteed Rate team; the most of any company in the country.
In the past year, Guaranteed Rate received an increasing amount of media attention and recognition. Being featured on cover stories in both Smart Business and Scotsman Guide, our media coverage has helped enhance our company’s reputation and credibility. Additionally, we were recognized as a top private job creator by Inc. magazine, and for a second year in a row named one of Chicago Tribune’s top places to work.
Launching a number of initiatives in 2012, including Guaranteed Rate University and the Guaranteed Rate Foundation, we’ve been able to create support for not only our employees, but also our Realtor partners and customers. Annual events like the Disco Dash and GRPalooza continue to increase in popularity, allowing us a chance to give back to the community as well as thank our partners for their continued business and support.
Thank you to all who helped make 2012 a fantastic year. We look forward to the opportunities that lie ahead for all of us in 2013 as we continue to build a strong team nationwide, focus on ways technology can simplify the mortgage process and provide an optimal mortgage experience for our customers.