Rate Grows with New Call Centers and More Loan Officers to Meet the Demands of its Digital Mortgage

Rate, the eighth largest retail mortgage lender in the nation and an industry technology leader, continues its nationwide expansion with the addition of 75 loan officers from Discover Home Loans, who recently announced its decision to exit the conventional first mortgage business.

"We're excited to add more great talent to our existing group of top producers," said Victor Ciardelli, president and CEO of Rate. "With the launch of our new Digital Mortgage – the timing couldn't be more perfect."

The new loan officers will join Rate's existing team of experts in servicing the large volume of customers now using Rate's brand new Digital Mortgage. Rate launched the world's first Digital Mortgage in June and more than 4,400 people have already locked more than $1.4 billion in loans via the new technology.

The addition of new loan officers further underscores Rate's commitment to culture, pricing and service.