Dedicated Reverse Team & Referral Program offering HECM, Purchase HECM, Jumbo up to $4M and Standalone Second
Buydowns2
Listing Agent options, Permanent and Temporary buydown programs for Fannie, Freddie, FHA, VA, USDA, Jumbo and non-QM. 3-2-1, 2-1-0, 1-1-1, 1-0-0, 1.5/.5-0
HELOCs3 / Seconds
Digital HELOC, no appraisal, fixed rate, funds in 54 days, 620 FICO, 85% LTV. 10/20 HELOCs, Closed End Seconds25 and Non-QM seconds options
Builder, New Construction
Extended rate lock programs - 1 year with floatdown option. Lock ‘n’ Sell5 and Forward Commitments. Dream Bigger,6 non-warrantable condo preflight
Personal Loans7
Earn commissions on loans that take clients 10 minutes.
Funds deposited in 1–2 business days. 1–5-year terms
Bridge Financing8
$500k bridge financing, 0% interest, 6-month balloon payment up to 30% of down payment options. 5+ additional $300k–$1M, jumbo to conforming, and IO options
OUR AI TECH PLATFORM
Bearainmaker.
Focuson$500/houractivities
Most loan officers spend 80% of their time in the loan file. At Guaranteed Rate, we flip the hourglass so that you spend your time doing what you do best: building your business.
We put the LO in control of two Proactive POD Processing Teams that support you:
Standard Loans
Two processors keep files flying
Same Day Mortgage9
Lightning-fast path to CTC in as little as 8 hours
VPofMortgage Lending
Delegates and Audits Using GR Technology
AI-POWERED UNDERWRITING
We’vechangedthegame tomakeyourlifeeasier.
• Our AI Technology reads and extracts information from borrower documentation
• Using borrower docs, the tech digitally verifies and extracts data, and calculates income so you don’t have to
• Automatically identifies required loan conditions, analyzes data and clears conditions, delivering real-time approvals
Ourgame-changingRateApp makesyour lifeeasier.
Our Rate App speeds up the entire process
• Approvals 26% faster through the Rate App
• Clear to Close 11% faster through the Rate App Empower your agents and customers
View loan details, e-sign documents, check tasks, upload documents and link accounts, pay fees, access closing package and obtain appraisal
POWER VP
Ditchthe laptopand run yourbusinessfrom anywhere,anytime.
Our native mobile app gets out of Encompass and keeps you rainmaking:
Run Pricing
Run rates, create multiple scenarios, edit fees and lock loans
Issue Pre-Approvals
Edit pre-approval terms, run automated underwriting and customize with conditions
Our Biz Dev Team calls agents, builders, attorneys, financial planners and CPAs to set up 1:1 meetings for you
We’ll collaborate on your customized plan and get 8 – 12 meetings with new referral partners each month
Leverage our follow-up strategies that are proven to successfully convert new relationships into long-term business partners
$500 per month
EXPAND YOUR CUSTOMER
BASE
Growyour business byservingtheSpanishspeakingcommunity.
Co-market, solicit and advertise in Spanish in all 50 states without restrictions. Even if you don’t speak Spanish!
10k+ have used the Spanish Digital Mortgage experience
Guaranteed Rate offers the only 100% end-to-end Spanish language mortgage process.
Digital Mortgage en español
National certified bilingual processing team
Loan disclosures in Spanish
Comprehensive financial education in Spanish
“We want LOs to grow and we want the best for our Hispanic community: the best experience, the best technology and the best service.” “
– Camilo Escalante, Executive Director Diverse Segments
Underwriters who understand our Latino buyer
Financial products for the needs of Latino members
Marketing materials to market, solicit & advertise in Spanish
SMOOTH TRANSITION
Werollouttheredcarpet for newVPs.
A dedicated Transition Team keeps your loans moving, while you learn the GR system:
Consultant Vice President (CVP)
Expert Loan Officers in all markets are 100% dedicated to supporting you
Experienced processors
Focus on helping you and your team
Onboarding Concierge
Your point of contact from day one
Licensing Team Support
Facilitates your license transition
“The very first deal I brought to GR, on my first day, resulted in my CVP negotiating the rate with my client, showing me how to navigate it through Encompass and having it approved for SDM.”
– Sean Kosmann, Producing Area Sales Manager
2X GROWTH PLAN
Wehaveaplan todoubleyour businessinoneyear.
We start by making a big splash about YOU in the first 60 days and help you immediately market to your database.
First 60 Days
We tell everyone that you are here, repeatedly marketing to your entire database across all channels, both on and offline
Ongoing Marketing Support
Our proven marketing strategy, unique business development plan and ongoing training opportunities will help you accelerate your momentum and reach your full volume potential
• MoreScotsman TopOriginators thanany other companyfor 12years and counting
• MoreScotsman TopWomenOriginators in 2023
• #1most trustedlenderby realestateagents1
• Our top 12loan originatorsproduced$100M+in 20232
• #1FemaleVAOriginatorin the country3
CORE VALUES
Together,we willaccomplish amazingthings.
• We grow for good
• We put our members first
• We work with the best of the best
• We think big
• We have grit
• We have an owner’s mentality
• We embrace change
• We demand excellence
• We hold ourselves and others accountable
• We give a sh!t
1
– This is not a commitment to lend. The borrower must meet all loan obligations, including living in the property asthe principal residence and paying property charges, including property taxes, fees, and hazard insurance. The borrower must maintain the home. If the borrower doesnot meet these loan obligations, then the loan will need to be repaid. Otherwise, the loan must be repaid when the last borrower passesaway or sells the home.Prices, guidelines and minimum requirements are subject to change without notice. Some products may not be available in all states. Subject to review of credit and/or collateral; not all applicants will qualify for financing.It isimportant to make an informed decision when selecting and using a loan product; make sure to compare loan types when makinga financingdecision. This material has not been reviewed, approved or issued by HUD, FHA or any government agency. Guaranteed Rate is not affiliated with or acting on behalf of or at the direction of HUD, FHA or any other government agency. To find a Reverse Mortgage counselor near you,search the HECM Counselor Roster at https://entp.hud.gov/idapp/html/hecm_agency_look.cfm or call (800) 569-4287
2 – Both temporary and permanent RateReduce options are available from participating builders and sellers on select properties. The 1.5/.5 temporary buydown option is not available forVA loans.
Sample rates are national averages provided for illustrative purposesonly and are not advertised rates.The 1.5/.5 temporary buydown option is not available for VA loans. Contact Guaranteed Rate for more information and up to date rates.
3– Guaranteed Rate's HELOC is a fixed-rate open-end product using your home as collateral. Not available in all states. Go to Guaranteed Rate.com/HELOC for information including important property and borrower requirements and restrictions which impact rate and max available loan amount. Subject to approval.
4 - 10- Applications may be completed in five minutes but may fluctuate.Five businessday fundingtimeline assumes closingthe loan with our remote online notary. Funding timelines may be longer for loanssecured by propertieslocated in counties that do not permit recording of e-signaturesor that otherwise require an in-person closing. In addition, funding timelines may be longer if we cannot readily verify that your property is in at least average condition with no adverse external factors with a property condition report and may need to order a desktop appraisal to confirm the value of your property
5 – The LockN' Sell builder paid price adjustment varies by lock period, up to 120 days, with a minimum cost of .25% and a maximum cost of .50%. Eligible for 30 year, fixed rate loan options. Borrower must be under contract and have submitted their application to Guaranteed Rate no later than 15 days prior to lock expiration date. If the loan doesnot close during the initial lock period, or if the lock period expires, the borrower may incur additional fees. Restrictions apply.
6– New build/new construction only. Third-party contractor ispaid 50% of material costsat close and three disbursements after closing. Everything held in escrow for third-party contractor. Project must be completed within 90 days of close, subject to exception depending on scope of project.
7 – Representative example of repayment terms for an unsecured personal loan: For $20,000 borrowed over 36 monthsat 10.74% (including 0.25% autopay discount), the monthly payment is$654.68 with a total loan cost of $23,568.47. This example is an estimate only and assumes all payments are made on time.Savings are not guaranteed and depend on variousfactors including, but not limited to, interest rate and term length. Loan proceeds cannot be used for post-secondary education expenses or to purchase cryptocurrency or securities.
Termsand Conditions: You must be 18 yearsof age or older (19 years of age or older in Alabama). To qualify, a borrower must be a US citizen, a permanent resident, or a non-permanent resident in the US on a valid, long-term visa. All loan applications are subject to credit review and approval as well asincome and employment verification.You must meet our minimum requirements established for this offer including, but not limited to, credit history, debt-to-income ratio, and application information. Your actual rate depends on your requested loan amount, loan term, creditworthiness, and a variety of other factors. Repayment options range from 1- 5 years. Loan amountsrange from $4,000 - $50,000. Standard fixed ratesfrom 10.99% to 21.99% APR.With a 0.25% autopay discount established at loan origination with an automated monthly debit from a qualifying deposit account for repayment, fixed rates range from 10.74% to 21.74% APR. Rates and loan amounts may differ due to state-specific requirementsand may impact your ability to qualify for a loan. Limitations: FL,ME,NC, TX, VT, PA, CT,LA, KS, SC, WY, RI,MA, MN, CO, AR and IA (rate); IL, MA, CA, RI, NM and SC (amount); OH (duration). The lowest rate advertised i s reserved for the most creditworthy borrowers. Advertised ratesand terms are current as of 10/26/2024 and are subject to change without notice.
Personal loans are only available in AL,AR, AZ,CA, CO, CT, DC, DE, FL, GA,IL, IN, IA, KS, LA,ME,MA, MI, MD, MN, MO, ND,NC, NH, NJ, NM, OH, OK, PA,RI, SC, TN,TX, UT,VT, WA, and WY as of 10/26/2024. Loan applications outside of these states will not be accepted at this time.
8 – The Guaranteed Rate Bridge HELOC (home equity line of credit) isan open-end product which allowsborrowersto access the equity in their home in order to fund a down payment on a new primary residence asa first or second lien on the subject property. Additional lien requirementsapply.Ability to draw funds on the line will be suspended prior to the purchase of the new primary residence. The rate is adjustable and is based on an Index, which is the Prime Rate published in the Wall Street Journal plus a fixed margin. The interest rate will not drop below 4% or exceed the lower of either 18% or specific state usury limitations. This product iscurrently only offered in the states of California, Massachusetts, Colorado, Illinois, Michigan, Minnesota, Missouri, Oregon, Washington, and Wisconsin.The Bridge HELOC requires you to pledge your home as collateral, and you could lose your home if you fail to repay. Borrowersmust meet minimum lender requirements in order to be eligible fo r financing. Primary residence only. Investment properties are not eligible. Property type restrictionsapply.Dependent on minimum credit score and debt-to-income requirements. Appraised home value determines your max available loan amount. Total Bridge HELOC loan amount will not exceed $300,000. $595 fee will be charged at the time of loan application submission. Eligible for U.S. citizens or permanent resident aliensonly. Not all applicantswill be approved. Only one Third Federal line of credit is permitted per borrower. Applicants subject to credit and underwriting approval. Contact Guaranteed Rate Inc. for more information and to discussyour individual circumstances. Restrictions Apply.
9 - Guaranteed Rate’s Same Day Mortgage promotionoffers qualified customers who provide certain required financial information/documentation toGuaranteed Rate Inc. within 24 hours of locking arate on a mortgage loan the opportunity toreceive a loan approval within 1 business day of timely submission of documentation anddoes not suggest that the borrower will receive funding on the same day as their applicationsubmission. For purposes of this offer, documents provided after 1 pm local time or on a weekend or company holiday will be deemed submitted the nextbusiness day. Guaranteed Rate Inc. cannotguarantee that a loan will be approved or that a closingwill occur withina specific timeframe. Guaranteed Rate Inc. reserves the right to revoke this approval at any time if there is achange in your financial condition or credit history which would impair your ability torepay this obligation. Read and understandyour Loan Commitment before waiving any mortgage contingencies. Borrower documentationand Intentto Proceed must be signed within 24 business hours of receipt. Not eligible for all loan types or residence types. Minimum down payment requirements apply. Self-employed borrowers are noteligible. Not all borrowers will be approved. Borrower's interest rate will depend uponthe specific characteristics of borrower's loan transaction, credit profile and other criteria. Not available in all states. Restrictions apply. Visit Guaranteed Rate Inc. com/same-day-mortgage for terms and conditions.
Guaranteed Rate Inc. is anequal opportunity employer.
Guaranteed Rate, Inc.; NMLS #2611; 3940 N Ravenswood, Chicago, IL 60613; 866-934-7283. For licensing information visit nmlsconsumeraccess.org. Equal Housing Lender. Conditions may apply. • AZ: 14811 N. Kierland Blvd., Ste. 100, Scottsdale, AZ, 85254, MortgageBanker License #0907078• CA: Licensed by the Department of Financial Protection and Innovation undertheCaliforniaResidential Mortgage Lending Act • CO: Regulated by the Division of Real Estate • GA: Residential Mortgage Licensee #20973 • MA: Mortgage Lender& Mortgage Broker License #MC2611• ME: Supervised Lender License #SLM11302 • NH: Licensed by theNewHampshire Banking Department, Lic #13931-MB• NJ: Licensed by the N.J. Department of Banking and Insurance • NY: Licensed Mortgage Banker - NYS Department of Financial Services, 750Lexington Ave. Suite 2010, New York, New York 10022 • OH: MB 804160 • OR: Licensed and Regulated by the Department of Consumer and Business Services • PA: Licensed by the Pennsylvania Department of Banking and Securities • RI: Rhode Island Licensed Lender • WA: Consumer Loan Company LicenseCL-2611.
