whyGuaranteed Rate?
Answers to why Top Originators
and Company Owners join GRI
Guaranteed Rate is a licensed mortgage lender in 44 states and closed over
$6.9 billion in 2011. In 2010, 19 Guaranteed Rate loan officers were featured in
Scotsman Guide’s Top Originators list.
Joe Caltabiano
Vice President of Mortgage Lending
2010 Funded Loan Volume: $167,235,956
2010 Scotsman Guide Ranking: 17
Jeffrey Slater
Why Guaranteed Rate?
Aggressive Pricing – Guaranteed Rate is constantly
trying to improve its pricing. Whether it is
working with our correspondent lenders to give
us better pricing or selling direct to Fannie Mae
or Freddie Mac, there is nothing more important
than having a market-leading conforming price.
We shop multiple lenders every day to be sure we
live up to our name.
Former Owner BancGroup Mortgage
2010 Funded Loan Volume: $513,704,616
Personal Production 2010: $64,207,624
2010 Scotsman Guide Ranking: 142
Michael Bischof
Former Owner Biltmore Financial
2010 Funded Loan Volume: $268,000,000
Personal Production 2010: $134,351,202
2010 Scotsman Guide Ranking: 28
Why Guaranteed Rate?
Outstanding Marketing Support –
automated database management and
marketing, event planning, professional
marketing support pieces
Sales Driven Organization – Every couple months,
the top 30+ loan officers along with the CEO,
COO, National Sales director, etc., get together
to discuss what is going on with the company.
Whether it’s underwriting, closing, IT, pricing –
no topic is off the table. The goal of the meetings
is to fix anything that needs fixing in order for
loan officers to be able to do more loans. There is
no other company of this size that does anything
like that.
Why Guaranteed Rate?
Retain 80% to 90% of your upside income
potential (as compared to being an owner) and
eliminate 100% of your downside risk that goes
along with ownership.
Allow entrepreneur to regain focus on personal
loan production, which is what, oftentimes, led
them to becoming an owner in the first place.
Ability to lend in 44 states should give a seasoned
loan originator a 10-20% boost on their personal
loan production.
The Guaranteed Rate support system allows
originators to focus on their own unique ability
within the business. Others in the support
system can focus on their own unique ability as
specialists, which complement and grow your
business efforts.
Excellent Pricing and Products – access to
a variety of investors both correspondent
and broker
Competitive Commission Structures –
maintain high levels of payout on
each deal
Multiple Lender Platform – Having over 50 correspondent and broker relationships, along with
being a direct seller to Fannie and Freddie gives
me access to nearly every mortgage product
available. Whether it is helping a borrower get a
loan before they start their new job or doing a
loan in a condo that isn’t 50% sold, I know that if
a product exists anywhere I will have access to
it. There is nothing worse than referring another
loan officer a loan at a different company because
you don’t have the program. That doesn’t
happen to me!
If you’d like to reach out to one of these loan officers, or learn more about Guaranteed Rate, please contact the Regional Manager in your market:
North East- Terry Baker P: 508.277.1325
TBaker@guaranteedrate.com
Mountain States- Derek Bamonte P: 303.861.5402
Derek.Bamonte@guaranteedrate.com
Mid West/North West- Al Gelschus P: 952.806.5021
Al.Gelschus@guaranteedrate.com
So. California- Trent Annicharico P: 760.310.6008
Trent@guaranteedrate.com
Nevada/Arizona- Jeff Lake P: 847.972.5702
Jeff.Lake@guaranteedrate.com
Illinois- Brian Weis P: 773.290.0591
Brian.Weis@guaranteedrate.com
Mid Atlantic/South East/South West-
