Guaranteed Rate Provides a First Look at Why its Prepared to Handle FHA Loans

CHICAGO, Oct. 28, 2015 (GLOBE NEWSWIRE) — Guaranteed Rate, the eighth largest retail mortgage lender in the nation and an industry technology leader, announced its commitment to delivering on Federal Housing Administration (FHA) insured loans. Guaranteed Rate credits its innovative POD system and customer service as two of the main reasons it can effectively deliver on FHA loans.

“We see FHA loans as a way to help homebuyers obtain a low rate with flexible credit requirements” said Victor Ciardelli, president and CEO of Guaranteed Rate. “Our focus has always been on the customer and our system is designed to easily secure a mortgage through our loan officers or our Digital Mortgage.”
Guaranteed Rate’s POD flow provides the best customer service to their borrowers and an efficient workflow for loan officers to focus on their customers. Guaranteed Rate is the only company in its industry to use a POD flow system.

In 2015, nearly 5,000 homebuyers have already secured a FHA loan through Guaranteed Rate. Shant Banosian, a branch manager for Guaranteed Rate, is one of the loan officers who has helped first time homebuyers secure a mortgage.

“Couldn’t have asked for a better experience. This being my first home buying experience I was very unsure what to expect,” said Bryant Johnson of Boston. “Shant and his team did a very thorough job at guiding and informing me through each step of the process. To say that my experience was stress free is an understatement.”

More About Guaranteed Rate

Guaranteed Rate is the eighth largest retail mortgage lender in the United States. The company has become The Home Purchase Experts® by introducing the world’s first Digital Mortgage and offering low rate, low fee mortgages through an easy-to-understand process and unparalleled customer service. Headquartered in Chicago with approximately 175 offices across the U.S. and licensed in all 50 states, Guaranteed Rate has helped hundreds of thousands of homeowners with approximately $80 billion in home purchase loans and refinances since 2000 and $10 billion in 2015 alone. Guaranteed Rate was ranked No. 1 in Scotsman Guide’s Top Mortgage Lenders 2014 honors and was named one of Chicago’s Top Workplaces by the Chicago Tribune in four of the past five years. In 2015, Guaranteed Rate won the Chicago’s Coolest Company award by ChicagoInno and was recognized as one of Inc. 5000’s Fastest Growing Companies in America. Visit guaranteedrate.com for more information.

CONTACT: Molly Lynch
         Lynch Communications Group, LLC
         773-505-9719
         molly@lynchgrouponline.com