Guaranteed Rate Breaks Company Record for Sixth Consecutive Month with $5.6 billion in August Production Volume
CHICAGO, Ill., September 15, 2019 – Guaranteed Rate Companies, one of the largest retail mortgage lenders in the nation, announces multiple company milestones— breaking its records for the highest total locked volume and total funded volume. In August, the Company broke monthly records for total locked volume with $5.6 billion across more than 15,900 units and total funded volume with $4.09 billion across more than 12,000 units.
“What our team here at Guaranteed Rate is doing is mind-blowing,” said Victor Ciardelli, Founder and CEO of Guaranteed Rate. “They’re helping more consumers than ever secure home loans, while setting new records every day, every week, every month. Six consecutive months of performance like this shows what you can do when you have the right platform and the customers’ trust.”
Additionally, Guaranteed Rate also broke multiple refinance records. The Company set a new total locked refinance volume record with $3.17 billion across nearly 8,000 units and broke an additional record for total funded refinance volume with $1.69 billion across more than 4,000 units.
Since 2000, Guaranteed Rate has delivered competitive pricing and unmatched expertise from its top-producing loan officers, helping thousands of customers move into their dream homes. The company introduced the market’s first Digital Mortgage, creating an easy-to-understand, transparent loan process, which has led to an industry-leading customer satisfaction rating and exponential growth.
For more information, visit: Rate.com
About Guaranteed Rate Companies
Guaranteed Rate is one of the largest retail mortgage lenders in the United States. Headquartered in Chicago, the Company has nearly 5,000 employees in over 350 offices across the U.S., and is licensed in all 50 states and Washington, D.C. Since its founding in 2000, Guaranteed Rate has helped hundreds of thousands of homeowners with home purchase loans and refinances and funded almost $24 billion in 2018. The Company has cemented itself as Positively Different℠ by introducing innovative technology, such as the world's first Digital Mortgage, offering low rates and by delivering unparalleled customer service. 2017 marked the launch of Guaranteed Rate Affinity, LLC, a mortgage origination joint venture between Guaranteed Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY), a global leader in residential real estate franchising and brokerage. Honors and awards include: “Top Lender for Online Service” for 2018 by U.S. News & World Report; No. 3 ranking in Scotsman Guide's Top Retail Mortgage Lenders 2018; Top Lender 2016, 2017 and 2018 by Chicago Agent magazine; Chicago Tribune's Top Workplaces list for seven consecutive years; and Best Online Mortgage Lender, Best Mortgage Lender for VA loans and Best Conventional Mortgage Lender by NerdWallet in 2019. Visit rate.com for more information.