Guaranteed Rate Breaks Company Records with July Production Volume
CHICAGO, Ill., August 15, 2019 – Guaranteed Rate Companies, one of the largest retail mortgage lenders in the nation, announces a new company record of $3.94 billion in total funded volume across more than 11,644 units in July.
“I am ecstatic with our record-breaking July. We have spent years building the best platform in the country for consumers to obtain a mortgage. Because of that, Guaranteed Rate has become the go-to national mortgage lender, with our record-breaking July numbers being a direct reflection of consumer’s trust,” said Victor Ciardelli, Founder and CEO of Guaranteed Rate.
Additionally, in July the company broke its record of total funded purchase volume with $2.52 billion across 8,012 units. Within this time period, the Company also broke its record for total funded refinance volume with $1.42 billion.
Since 2000, Guaranteed Rate has delivered competitive pricing and unmatched expertise from its top-producing loan officers, helping thousands of customers move into their dream homes. The company introduced the market’s first Digital Mortgage, creating an easy-to-understand, transparent loan process, which has led to an industry-leading customer satisfaction rating and exponential growth.
For more information, visit: Rate.com
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.