A 4% mortgage rate versus a 3% mortgage rate may not seem like a huge difference, but that one-percentage point translates into at least a 10% difference in the monthly mortgage payment. Customer Service Active loan application issues: 773-328-6467. [10] The company was listed by U.S. News & World Report in 2018 as Top Lender for Online Service. [21], In August 2016, the Chicago White Sox announced a 13-year agreement with Guaranteed Rate to rename their stadium to Guaranteed Rate Field beginning November 1, 2016. Guaranteed Rate will provide marketing services to Realogy's subsidiaries, including NRT and Cartus, and will take over some assets of its former joint venture partner, PHH Mortgage out of New Jersey. Offer a variable interest rate that is linked to changes in the Royal Bank Prime rate. Apply now —we’d love to help you find a … [26], In December 2017, a former loan officer sued Guaranteed Rate claiming that he was owed $2 million and that executives at the company were manipulating and misreporting financial information for their own benefit. Although our rate and monthly payments are a large factor when choosing a mortgage, it is also important to focus on the level of service that different lenders provide. I attended … Shant Banosian is Guaranteed Rate’s #1 Loan Officer nationwide 5 years running with 1,907 closed units and $915 million in funded loans in 2019 alone. Your donation to the Guaranteed Rate … [15][16] This moved the company from the 12th-largest retail mortgage lender in the U.S. to the 10th. [23] In 2017 the team and Guaranteed Rate teamed up to create the Guaranteed Impact program, which honors kids who make a positive difference in their community. Our Federal Tax ID # is 45- 4204135. As of 2020, the company has approximately 5,000 employees and more than 700 offices nationwide and has licenses in 50 states. ' [24], In 2017, Guaranteed Rate entered into a joint venture with Realogy Holdings Corp to form Guaranteed Rate Affinity. It’s our goal to provide low mortgage rates and a fast, easy mortgage process from application to closing. interest rate guarantee prior to an interest rate lock. Your monthly mortgage payment will include the interest you owe on your outstanding loan balance and a portion of the principal itself. The company name, Guaranteed Rate, should not suggest to a consumer that Guaranteed Rate provides an interest rate guaranteed prior to an interest lock. On its website, you begin by choosing whether you're looking to purchase or refinance, then go from there. Guaranteed Rate has been named to the Chicago Tribune's Top Workplaces list every year from 2012 through 2018. According to the article, the company "pressured employees to write positive reviews in order to raise poor ratings, according to interviews with current and former employees." [35][36], In 2012, Guaranteed Rate acquired Massachusetts-based Superior Mortgage. [33] Founded in 1985 by Melissa L. Cohn, the company employed more than 100 home loan professionals and originated loans in New York, Vermont, Massachusetts, Connecticut, Florida and New Jersey. We have simplified the mortgage process. [6][7][8][9] In 2013, Guaranteed Rate was listed by Crain's Chicago Business as one of the fastest growing companies in Chicago. Working for Guaranteed Rate gives me the ability to provide my clients with the best programs and rates to fit their needs. NMLS License #2611 Arizona Mortgage Banker License #0907078 3940 N. Ravenswood Chicago, IL 60613 - (866) 934-7283 The company name, Guaranteed Rate, should not suggest to a consumer that Guaranteed Rate provides an interest rate guarantee prior to an interest rate … Take into consideration the level of expertise of the loan officer. GuaranteedRate – Digital Mortgage Company, Go to GuaranteedRate – Digital Mortgage Company homepage. Guaranteed Rate review: Other requirements. [5], In 2013, Guaranteed Rate grew to more than $15.9 billion in residential home loans, an increase of $1.2 billion over 2012. [22] The Chicago Sun-Times wrote an article about this titled "There Can't Be a Worse Name Than Guaranteed Rate Field. 3940 N. Ravenswood Chicago, IL 60613 - (866) 934-7283 Guaranteed Rate Mortgage Refinance is offered by Guaranteed Rate (NMLS #2611), a direct lender founded in 2000 and based in Chicago, IL. [27], In January 2018, Guaranteed Rate announced that its employees' and customers' personal information was in hackers' hands as the result of an email phishing attack. From first-time home buyers to seasoned homeowners, we want you to feel comfortable and confident with the process because the less you spend on your mortgage, the more you can spend on the things you love! Guaranteed Rate is a mortgage company that focuses on simplifying the loan process and offers a 100% digital mortgage experience. Founded in 2000 by Victor Ciardelli, the company had $37 billion in funded volume in 2019. [13], In 2014, Guaranteed Rate acquired Sun State Home Loans, Nationwide Direct, and Arbor Mortgage in one deal. We pride ourselves on providing customers with low mortgage rates and low fees. Guaranteed Income Account Value. 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