National Technology Day: 3 groundbreaking ways Guaranteed Rate innovates
Guaranteed Rate has relied on technology to simplify and streamline the mortgage process
Guaranteed Rate is perhaps best known for its low rates. But the eighth largest retail mortgage lender in the nation is also widely recognized as an industry technology leader.
In honor of National Technology Day, here are a few ways in which Guaranteed Rate has used innovation to provide the ultimate home loan experience:
- Intuitive Loan Finder: Shop and compare loans with a few simple clicks. Consumers can sort by the lowest monthly payment, lowest interest rate or the shortest loan term as they search for the perfect loan.
- Digital Mortgage: The first tool of its kind makes it effortless to review credit scores and get approval from Freddie Mac or Fannie Mae, then securely upload and digitally sign loan documents.
- Mobile App: Browse real-time mortgage rates, compare loan options, fees and monthly payments, then apply from a smartphone or tablet and receive pre-approval in a matter of minutes.
“It’s all about the customer,” states Martin Logan, Guaranteed Rate’s Chief Information Officer. “Our commitment to driving change with technology is what’s made us the leaders in completely transforming the traditionally paper-based mortgage into a fast, easy, transparent and modern process.”