Guaranteed Rate Announces FlashClose™ for Electronic and Mobile Closings
Guaranteed Rate, Inc., one of the largest retail mortgage lenders in the United States, today announces that its FlashClose™ digital closing solution aims to achieve record-setting times for closings.
With more than $25 billion in total funded loan volume this year, Guaranteed Rate has grown to be one of the top retail lenders in the country by delivering an on-the-go experience built for the next generation of homebuyers.
"Our vision at Guaranteed Rate is to deliver a simple, best-in-class homebuying experience for every generation," said Guaranteed Rate Chief Operating Officer Nikolaos Athanasiou. "We are thrilled to announce our enhancements to FlashClose, which puts even more power in the hands of homebuyers—wherever and however they want to close."
Now, whether it's from the bottom of the Grand Canyon or on an airplane 30,000 feet above ground, eligible borrowers can electronically review, sign and notarize closing documents from their internet-connected devices—anytime, anywhere.
Through a partnership with Notarize, the first company to enable an entirely online real estate closing process, the FlashClose homebuying experience redefines the closing process by giving borrowers the tools they need to close on their own terms—fully online or with the loan officer's assistance. The majority of Americans will soon be able to go from house hunting to closing entirely online.
About Guaranteed Rate Companies
The Guaranteed Rate Companies, which includes Guaranteed Rate Inc., and Guaranteed Rate Affinity, LLC, has over 5,000 employees in a total of 700 offices across the U.S and will fund $36 billion in 2019. Headquartered in Chicago, Guaranteed Rate Inc. is one of the largest retail mortgage lenders in the United States. Founded in 2000 and licensed in all 50 states and Washington, D.C., it 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 Guaranteed Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY), a global leader in residential real estate franchising and brokerage. Collectively, the companies have earned honors and awards including: "Top Lender for Online Service" for 2018 by U.S. News & World Report; No. 3 ranking in Scotsman Guide's Top Retail Mortgage Lenders 2018; Chicago Tribune's Top Workplaces list for seven consecutive years; and Best Online Lender and Best Lender for FHA Streamline Refinance by NerdWallet in 2019. Visit rate.com for more information.