Rate Celebrates Record Number of Loan Originators on NAHREP’s Top Latino Mortgage Originators Report
Leading mortgage lender has second most originators featured on prestigious list
CHICAGO (June 8, 2022)—Rate Inc., a leader in mortgage lending and Fintech services, is proud to announce that 21 of its loan originators have been featured on The National Association of Hispanic Real Estate Professionals (NAHREP®) eighth annual Top 250 Latino Mortgage Originators Report. The prestigious list recognizes the top producing Latino mortgage professionals across the United States. Of the 88 companies featured on the 2022 report, Rate, Inc. had the second most originators recognized.
“The NAHREP Top 250 celebrates and acknowledges the leading Latino mortgage originators in the country. This elite group's dedication and hard work is responsible for billions of dollars of real estate mortgages, putting people in homes during one of the most competitive markets in history,” 2022 NAHREP President Luis Padilla commented in a release.
The recognition comes after a recent series of digital advancements and strategic hires made by Rate to expand its Language Access Program (LAP) and to better serve the Hispanic homebuying community. These moves started with the hiring of Camilo Escalante, Executive Director Diverse Segments, and Arlyn Kalinski, Vice President of LEP Compliance, to lead the LAP. Their efforts have resulted in the launch of Rate’s National Bilingual Processing Team and the Spanish rate.com and Digital Mortgage Application*. The final phase of the LAP is scheduled to be completed later this year when the company will roll out Loan Disclosures in Spanish nationwide, becoming the first lender in the country to offer the full end-to-end mortgage origination in Spanish.
“Over the past two years, we set out to build the best platform for the Hispanic community in our industry. We invested in these important infrastructure projects so that the 40 million Spanish-speaking individuals in the U.S. really feel there is a lender making the necessary effort to support their needs and win their business,” said Escalante. “We’re proud to have so many of our employees on this list because it shows that the top Hispanic mortgage professionals are also noticing the steps we have taken, and they are choosing Rate as their platform to serve this important, growing community.”
To see the Rate loan originators featured, visit this year’s report here.
* Rate.com in Spanish currently features 160 pages of the site translated. The Spanish Digital Mortgage is currently available for properties in 45 states and all mortgage disclosures, notes and mortgages will only be available in English until later this year.
About Rate Inc.
Rate is a leader in mortgage lending and digital financial services. Headquartered in Chicago, the company has more than 8,000 employees in 500 offices across the U.S., and is licensed in all 50 states and Washington, D.C. Since its launch in 2000, Rate has helped hundreds of thousands of homeowners with home purchase loans and refinances, funding more than $95 billion in total loan volume in 2021 alone. Powered by its belief in positivity, the company has become one of the largest retail lenders in the nation. Rate delivers innovative technology, including the world’s first Digital Mortgage, low rates and unparalleled customer service. Honors and awards include: ForbesAdvisor’s Top 10 Mortgage Lenders for 2021; Best Mortgage Lender for Online Loans and Best Mortgage Lender for Refinancing by NerdWallet for 2021; 2018 Top Lender for Online Service by U.S. News & World Report; HousingWire’s 2020 Tech100 award for the company’s industry-leading FlashClose℠ technology; No. 3 ranking in Scotsman Guide’s 2021 list of Top Retail Mortgage Lenders; Chicago Agent Magazine’s Lender of the Year for six consecutive years; and Chicago Tribune’s Top Workplaces list for seven consecutive years. Visit rate.com for more information.
About NAHREP:
The National Association of Hispanic Real Estate Professionals® (NAHREP®), a nonprofit 501(c)6 trade association, is dedicated to advancing sustainable homeownership for the Hispanic community in America. NAHREP has a network of over 40,000 real estate professionals and 100 local chapters nationwide, hosting several national events per year and publishing multiple industry cornerstone reports annually. Join us in advocating for policies that grow sustainable Latino homeownership, read our 2022 policy priorities here. Also, see the NAHREP Hispanic Homeownership by Congressional District Tool which measures Hispanic homeownership by U.S. congressional district, allowing constituents, advocates, policy makers, and lending and housing professionals to evaluate district performance at a glance.