Guaranteed Rate Companies Has Milestone Month; Breaks Seven Company Records in May

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Jun 17, 2019, 11:30 ET

CHICAGO, June 17, 2019 /PRNewswire/ -- Guaranteed Rate Companies, one of the largest retail mortgage lenders in the nation, announces it has reached a company milestone, breaking its records for the highest total locked volume and total funded volume ever.

"We achieved seven amazing milestones in May," said Guaranteed Rate Founder and CEO Victor Ciardelli. "Over the last several years we have spent an incredible amount of time and effort in building the best platform in the country for consumers to obtain a mortgage. I think the incredible numbers you saw in May reflect our continued success in becoming the go-to lender in the minds of consumers."

Over the course of May, the Company broke its record of total locked volume with $4.39 billion earned across more than 13,000 units, surpassing the previous record set in April 2019 of $3.94 billion, making this the Company's best three months since inception.

Additionally, the Company reached nearly $3.17 billion in total funded volume over 9,000 units, eclipsing the previous record of $2.72 billion.

The Company also reached $3.19 billion in total locked purchase volume setting an additional company all-time high.

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 more than 4,000 employees in nearly 350 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., 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.

SOURCE Guaranteed Rate