Rate Expands its Pacific Northwest Presence; Opens Branch in Central Oregon
November 12, 2020 (BEND, Ore.) – Rate, one of the largest retail mortgage lenders in the country, announces the opening of a new branch in Bend, Ore., naming Tim Floyd as the location’s Branch Manager.
Located at 2754 NW Crossing Dr., Suite 201, the new branch expands Rate’s presence in the Oregon, which includes locations in Portland and Lake Oswego.
Rate has operated in Oregon since 2005, offering consumers an end-to-end online mortgage platform with a 96% customer service rating, according to 2019 client surveys.
“This is an incredibly exciting time for both Rate and Central Oregon,” said Floyd, who brings 17 years of industry experience to Rate. “Our team’s local vibe and unparalleled commitment to customer service alongside Rate’s best-in-class technology and loan programs is the perfect combination for success. I firmly believe there are no limits to what we can achieve together with the company’s industry-leading support.”
Along with Floyd, the new branch welcomes Cory Benner and Douglas Amend, who hold over 30-years of combined industry experience, as Vice Presidents of Mortgage Lending.
Rate, which was founded in 2000, delivers competitive pricing, mortgage products and unmatched expertise from top-producing loan officers. The company introduced the world’s first digital mortgage, an easy-to-understand, transparent loan process, which enables industry-leading customer satisfaction and exponential growth.
To learn more, please visit rate.com/timothyfloyd.
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.