What kind of company is Guaranteed Rate?

What kind of company is Guaranteed Rate?

U.S. residential mortgage company
Guaranteed Rate Companies is a U.S. residential mortgage company headquartered in Chicago, Illinois. Founded in 2000 by Victor Ciardelli, the company had $73 billion in funded volume in 2020. As of 2021, the company has more than 10,000 employees and more than 850 offices nationwide and is located in 50 states.

Is Guaranteed Rate a reputable lender?

Guaranteed Rate has an overall 3.7-star rating out of 5 from U.S. News, with 4 stars for affordability, 2.5 stars for customer service and 4 stars for eligibility. The average for mortgage lenders in U.S. News’ ratings is 4.3.

Who owns Guaranteed Rate Inc?

Victor Ciardelli
It took a few years, but Victor Ciardelli has finally captured the one that got away. The founder and CEO of Guaranteed Rate, which originated $73 billion in mortgages last year, has made joint ventures and acquisitions a cornerstone of his growing business.

Does Guaranteed Rate sell loans?

Guaranteed Rate mortgage loan types Guaranteed Rate offers purchase and refinance loans, including FHA, VA, jumbo and interest-only mortgages.

Is Guaranteed Rate in all 50 states?

Because Guaranteed Rate originates mortgages in all 50 states, offers many loan options, and has a proven record of high-quality customer service, this lender is a good option for most borrowers.

Is guaranteed rate a lender or broker?

Guaranteed Rate is a nationwide mortgage lender that specializes in financing purchase loans for more highly qualified borrowers. If you have a strong credit score and income level, Guaranteed Rate’s low interest rate offers and upfront fee discounts make it a competitive choice for funding your home purchase.

Where is guaranteed rate headquarters located?

Chicago, ILGuaranteed Rate / Headquarters

What does guaranteed rate mean?

Definition of guaranteed rate : a minimum rate of pay assured to an incentive worker regardless of his or her output.

Where is Guaranteed Rate headquarters located?

What does Guaranteed Rate mean?

How long is guaranteed rate?

Some said within 48 hours is typical, while others thought sellers should stick to a 24-hour window. In some cases, a buyer’s offer is only good for a set amount of time — say 48 hours.

What is guaranteed rate charge?

On average, expect to pay 0.5%-1.0% of your loan’s principal to cover your mortgage origination charge.

What is guarantee mortgage?

A guaranteed mortgage is a home loan that a third party guarantees, or agrees to be responsible for, if the borrower defaults.

Is Guaranteed Rate a good company to work for?

Guarantee Rate at it core is a good company to work for. If you work at an actual VP branch your experience may differ as the Branch VP sets the tone and and if you have a bad VP the you have a bad job and if you have a Good VP you have a good job.

Who owns Stearns Lending?

The Blackstone Group
In August 2015, Stearns’ parent company, Stearns Holdings, LLC, was purchased by The Blackstone Group. The American Bankers Association added Stearns Lending to its list of endorsed lending services through the Corporation for American Banking in May 2016.

Is Guaranteed Rate a lender or broker?

What is Guaranteed Rate charge?

What are the interest rates today?

Insurance Disclosure

Loan term	Today’s Rate	Last week
30-year mortgage rate	5.67%	5.83%
15-year mortgage rate	4.87%	5.06%
5/1 ARM mortgage rate	4.27%	4.29%
30-year jumbo mortgage rate	5.63%	5.78%

Whats the interest rate right now?

Today’s average 30-year fixed mortgage rate is 5.62% Today’s 20-year fixed mortgage rate is 5.58% Today’s 15-year fixed mortgage rate is 4.86% 10-year mortgage rate: 4.82%