Guaranteed Rate Affinity Increases Volume 86% Year Over Year
Guaranteed Rate Affinity, a joint venture between Guaranteed Rate and Realogy Holdings Corp (NYSE: RLGY), reported an 86% increase in total loan volume for the first half of 2020, funding over $5 billion. The surge is attributed to historic low mortgage rates, with May and June contributing over $2 billion. The company has served over 57,000 borrowers since its inception in 2017 and maintains a 96% customer satisfaction score.
Backed by innovative technology, Guaranteed Rate Affinity is poised for continued growth, now licensed in 49 states including Washington, D.C.
- 86% increase in total loan volume year-over-year.
- Over $5 billion funded in the first half of 2020.
- Served over 57,000 borrowers with a 96% customer satisfaction score.
- Strong market growth, especially in May and June with over $2 billion funded.
- None.
CHICAGO, Sept. 1, 2020 /PRNewswire/ -- Guaranteed Rate Affinity, a mortgage origination joint venture between Guaranteed Rate and Realogy Holdings Corp. (NYSE: RLGY), announced an
"It's been incredible to see Guaranteed Rate Affinity reach this milestone and build such strong momentum that we'll continue to build upon," said Guaranteed Rate Companies President and CEO Victor Ciardelli. "This is a testament to the extreme hard work of our loan officers and our strong partnership with Realogy and we look forward to achieving many more future milestones."
From January to June of 2020, Guaranteed Rate Affinity broke its company record with over
"A trusted partner to help our agents and customers navigate uncertain times is invaluable," said Coldwell Banker President and CEO Ryan Gorman. "During the first half of this year, Guaranteed Rate Affinity has been able to serve more clients, break company records and continue its ambitious market growth."
Backed by award-winning technology and an entirely digital mortgage process, Guaranteed Rate Affinity provides borrowers and real estate agents with access to knowledgeable loan officers, competitive rates, tailored service. With nearly 1,000 employees across the country, Guaranteed Rate Affinity continues to grow and is now licensed in 49 states including Washington, D.C.
To learn more, please visit: grarate.com
About Guaranteed Rate Affinity
Guaranteed Rate Affinity is a joint venture between Guaranteed Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY). Guaranteed Rate Affinity is also partnered with Realogy Holdings Corp., which owns some of the most recognized and respected real estate brands in the industry. Guaranteed Rate Affinity originates and markets its mortgage lending services to Realogy's real estate, brokerage and relocation subsidiaries. Guaranteed Rate Affinity provides unmatched support to Realogy brokers coast-to-coast, assuring their customers receive the fastest pre-approvals, appraisals and loan closings possible, creating the ability for buyers to move quickly and confidently when purchasing homes in today's competitive market. The Company also provides the same services to the public and other real estate brokerage and relocation companies across the country—helping employers improve their employees' relocation experience by putting the customer first, providing the customer the ease and security of digital mortgages and offering low rates with loans personalized to each customer's needs. Guaranteed Rate owns a controlling
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SOURCE Guaranteed Rate Affinity
