Rate Opens New Branch to Expand Presence in Southeastern Fla.
Company’s newest Miami location offers its recently launched Spanish Digital Mortgage to better serve local Hispanic homebuying community
Miami (May 17, 2022)—Rate, a leader in mortgage lending and digital financial services, announces the opening of its new branch in Miami. Angel Medina III, Raul Alvarez and Phillip Medina will each serve as Branch Managers and Vice Presidents of Mortgage Lending at the location, spearheading the company’s effort to provide its newly launched Spanish Digital Mortgage to meet growing Hispanic borrow demand in the region.
Located at 7301 SW 57th CT, Suite 420, the branch further expands Rate’s presence in Florida’s southeastern region. The new site replaces the company’s previous Miami location, which the company outgrew. The new, larger office will accommodate the company’s fast-growing team and cliental and will offer services in both English and Spanish.
“We are thrilled to open a new location in this fast-growing market,” said Rate Regional Manager Ann Marie Howser. “I know that Angel, Raul and Phillip will fulfill Rate’s mission to help more individuals in Miami actualize their dreams of homeownership!”
Rate launched the industry’s first Spanish digital mortgage application last month, building on its commitment to develop a robust Language Access Program to better serve Spanish-speaking homebuyers. Angel Medina III, one of the locations Branch Managers, wants the local community to know the company is now there to assist clients across the language barrier.
“Miami is one of the most diverse markets in the country with more than 70% of its overall population being Hispanic,” said Medina. “I am excited to usher in Rate’s industry-leading Language Access Program and technology platform to service this community and make more people, whether they speak English or Spanish, homeowners.”
Also joining the branch is an accomplished team of Vice Presidents of Mortgage Lending, including Alex Lamas, Carlos Sanchez, Christopher Silvera, Edward Brill, Jorge Gonzalez, Sean Carhart and Sylvia Gutierrez, who bring a combined 100 years of industry experience.
To learn more, visit rate.com.
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.