Rate Bolsters Efforts to Expand Hispanic Homebuying Community
Fannie Loyola and Maggie Martinez Hired to Lead Chicagoland Area Branches
CHICAGO (February 10, 2022) – Rate, a leader in mortgage lending and digital financial services, is proud to announce the hiring of Area Manager Fannie Loyola and Branch Manager Maggie Martinez, expanding the company’s commitment to further support and engage the Hispanic homebuying community in the Chicagoland area.
“We are thrilled to welcome Fannie and Maggie, two huge producers and industry leaders in the Hispanic community,” said Rate’s Executive Director Diverse Segments Camilo Escalante. “Their decision to join Rate further demonstrates that we are delivering on our vision to continue improving our services for the Latino community by ensuring we are set up to succeed.”
The addition of Loyola and Martinez comes as Rate continues to strengthen the company’s existing efforts to engage a broad range of homebuying communities through its newly established Language Access Program (LAP) and Diversity Processing Team.
In October 2021, the company hired Arlyn J. Kalinski to oversee all aspects of compliance and execution for its initiative designed to guide prospective homebuyers through the entire mortgage process in their preferred language, which started with Spanish.
Loyola, a Mexico City native with more than eight years of mortgage industry experience, joins Rate as an area manager in Lake County, Ill., where she will bring support to the growing Hispanic population. She is an active member of the National Association of Hispanic Real Estate Professionals (NAHREP) and has been recognized as one of the organization’s Top 250 Originators.
“I understand the challenges Spanish-speaking homebuyers face when going through the loan process,” said Loyola. “I am excited to join the Rate team, which is leading the way to bridge the language gap so that more and more individuals can achieve their dreams of homeownership.”
Martinez will fulfill the role of Branch Manager in Illinois, with expertise in the markets of Oak Park and surrounding neighborhoods, including River Forest, Forest Park, Berwyn and Cicero. She has been recognized as a Top 250 Originator by NAHREP, where she also serves as the organization’s Membership Director in Chicago.
According to Urban Institute, Latinos are expected to account for 70% of all new homeowners in the U.S. between now and 2040.
"Rate is making strides to provide more resources and opportunities for this growing number of Hispanic homebuyers,” said Martinez. “I am grateful to join the company and leverage its groundbreaking Diversity Processing Team and the Language Access Program to build even stronger relationships within the Spanish-speaking community.”
About Rate Companies
Rate is a leader in mortgage lending and digital financial services. Headquartered in Chicago, the Rate Companies have more than 11,000 employees in over 850 branches across the U.S., serving all 50 states and Washington, D.C. Since its launch in 2000, Rate Companies have helped more than 1 million homeowners with home purchase loans and refinances, with a total loan volume of more than $116 billion in 2021 alone. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates and delivering unparalleled customer service. Honors and awards include: 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℠ 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.
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