Source: Guaranteed Rate

Guaranteed Rate Breaks Company All-time Record; Funds $3.94 Billion of Locked Loan Volume in April

Chicago, Ill., May 13, 2019 (GLOBE NEWSWIRE) -- Guaranteed Rate, one of the largest retail mortgage lenders in the nation, celebrates another record-breaking month in April, positioning 2019 to be its largest year of total loan volume since the company’s inception.

“I am absolutely thrilled with our record-breaking April in both funding and locked volume. Residential mortgage lending is a demanding business and it takes determination and grit to succeed,” said Victor Ciardelli, Founder and CEO of Guaranteed Rate. “With each passing year, Guaranteed Rate is becoming more and more the go-to mortgage lender for consumers nationally and this trust is reflected in our record-breaking April numbers.”

Guaranteed Rate funded a total lock volume of $3.94 billion in April. This surpasses the company’s previous record of $3.46 billion in March.

Since 2000, Guaranteed Rate has delivered competitive pricing, mortgage products 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: https://www.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 more than 4,000 employees in nearly 330 offices across the U.S. and Washington, D.C., and is licensed in all 50 states. Since its founding in 2000, Guaranteed Rate has helped hundreds of thousands of homeowners with home purchase loans and refinances and funded nearly $24 billion in 2018. The Company has cemented itself as the Home Purchase Experts® by introducing innovative technology, such as the world's first Digital Mortgage, offering low rates within an easy-to-understand mortgage process 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 2017; Top Lender 2016, 2017 and 2018 by Chicago Agent magazine; Chicago Tribune's Top Workplaces list for seven consecutive years; and Best Overall Online Lender and Best Lender for FHA Refinance by NerdWallet in 2018. Visit rate.com for more information.

Jennifer Zeidler
Guaranteed Rate
312-379-3521
jennifer.zeidler@rate.com