Rate Names Michael Bencks a Vice President of Mortgage Lending in Chicago
March 20, 2020 (CHICAGO) – Rate, one of the largest retail mortgage lenders in the country, has named Michael Bencks as a Vice President of Mortgage Lending in Chicago.
“Our ability to build strong relationships within the community and provide borrowers with the best possible service relies on hiring seasoned loan officers with a proven track record,” said Jamie Franz, a Senior Vice President of Strategic Growth for Rate. “Michael embodies our company’s core values and is a great addition to the team.”
Bencks joins the Rate team with over 15 years of mortgage experience and is consistently recognized as a top lender by industry publications, such as the Top Agent Magazine and Chicago Agent Magazine. Bencks serves primarily first-time homebuyers in Chicago as well as luxury borrowers and investors.
“I work hard to ensure my clients feel comfortable, are well informed and have fun throughout the home-buying process,” said Bencks. “I’m excited to be a part of the Rate team, which values delivering strong customer service and the best possible outcomes for every borrower.”
In his free time, Bencks volunteers with Wounded Warrior Project, Empowered Poor – an organization dedicated to micro-lending in India – and is on the board of the Chicago Association of Realtors’ Young Professional Network.
To learn more, please visit: rate.com/michaelbencks
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.