GuaranteedRate Logo

Chris Chambers

Vice President of Mortgage Lending
3940 North Ravenswood, Chicago, IL 60613
Contact Chris
NMLS: 224552
Ready to start your Digital Mortgage?
Apply now

TestimonialsCustomer testimonials Read more

A friend recommended Chris. I will definitely call him again when I am ready to buy next property/

Mary K. – Chicago, IL | JULY 2015

Chris really took the time to go over all of the loan options and explained the pros/cons of all the options over time. Along the way, he answered all of our questions in a very timely manner. It was a great experience!

Laura F. -- Chicago, IL 8/26/2014

Chris Chambers was a fantastic resource throughout this process. He made sure we were educated on our options so we could make the best decision on the product! He was always available and promptly answered all of our questions!

Gisel I. -- Chicago, IL 7/10/2014

Hi Chris, This is to confirm that we have cancelled the contract and would like you to cancel our loan and lock in reference to the property at 3059 N Gresham, Chicago IL 60618. Thanks again for all of your hard work. We will definitely be in touch.

Alice and John C. Chicago, IL

Chris -- Thanks again for the updates and the voicemails. Very much appreciated.

Don F. - Broker Realty Group Chicago

Good closing today. Thanks for your help, you did a great job again.

Dougal J. Director Cushman & Wakefield, Inc.

Chris, It is a pleasure to work with professionals! I will call you the best after we close!!! Thanks for the great work.

Brad B. - Chicago, IL

Thanks so much Chris for everything. The closing went really well. No questions at this point but will definitely contact you if we do.

Jillian I. - Chicago, IL

Thank you Chris. Really appreciate you being on top of this and spreading the word to all parties

Jim G. - Managing Team Broker @properties

Hey Gents, We wanted to thank you all for your efforts in helping our family successfully purchase our first home. It must've seemed odd that your customer was barely available, yet we made success happen. You guys are excellent at your craft, and we sincerely appreciate that you helped us feel confident and positive with such an involved process. Sincerest and best regards, thanks as always.

Marko J. - United States Air Force, Chicago, IL

Hi, Chris - I contacted BofA and we are going to be able to refinance!! Yay!! I just got the paperwork on Friday and now we just need to sign them and send them back. We got 3.875% 20 yr for $327,080. Thank you so much for keeping in touch and your advice. We will definitely pass on your info to whoever we can. Do you guys have a Facebook page? I will definitely give you a shout out on there as well.

Cyndy R. - Chicago IL

Okay, thanks! Thanks for contacting everyone right away and letting me know what is going on with each client. I really appreciate it!

Tiffany V. @properties, Chicago, IL

Chris -- Thanks for keeping us informed. Sounds like the remaining conditions are more housekeeping in nature. Nice job! It has been a pleasure working with you. Normally I’d ask you to let me know when we get a CTC, but I know you’ll send the word!

Lynn M. - Dreamtown Realty, Chicago, IL

Thanks - Chris!! Long process and lots of work and a little stressful but well worth it and thanks for hanging in there! Delay was well worth it to us as the difference between 3.65% and 4.0% saves us an additional $4,400 per year or $400 a month. We are one of the rare people who have a big 30 year jumbo at 3.65% percent. Thanks and we would love to buy you guys dinner some time!

Kevin V. - Chicago, IL

Thanks, Chris!! I really appreciate all your time and help. I’ve never done an FHA 203K so this will be a learning experience for me too.

Tiffany V. @properties, Chicago, IL

Chris. Thanks so much for your help over the last few months. It has been a pleasure working with you too. I hope we can get together soon.

Travis S. - UBS Global Asset Management

Thanks for the hard work on this. Steve's super happy.

Karey W. - @properties, Lake Forest, IL

That is great news!! Just want to thank everyone involved in this "process"!! It is nice to finally have all of this behind us and now we can be excited about moving into our new home!! Thanks again!!

Steve & Sara Graham, Lake Forest, IL

Hi Chris, Yes, we're very excited about our news from the sellers. Thank you for all your hard work to help us release the contingency. That seemed to seal the deal. Thanks again, Chris.

Kate Bradley, Chicago, IL

Chris you are doing an awesome job for Kevin & Michele.

Cheri M. - Coldwell Banker, Barrington, IL

Thank you, Chris. I love Guaranteed Rate! All the best,

Cindy S. M. - Attorney, Schaumburg, IL

Thank you, Chris!!! You're the best!!!

Tiffany V. @properties Realtor, Chicago, IL

Hi Chris-- Hope you're having a good weekend. I also wanted to send you a note of thanks for your patience, diligence, and going the extra distance for us. I've known from my business life that as deals get larger, there are always more moving parts, different eyes on them, etc. As you know, this is the largest real-estate transaction that we've done. And, with my business travel schedule and us living in Seattle, additional complexities have factored in. Thank you for your help, taking...

Paul B. - Chicago, IL

Hey Chris!! Nice work!! Thank you for helping her and being so patient :- ) Thanks again and have a great night! Take care,

Marissa B. - 33 Realty, Chicago, IL

Great job Chris! Great working with you and Lilia and thanks for bringing so many buyers through this listing!

Jim G. - Managing Team Broker @properties

Great job done by all! Alicia is very happy to be a homeowner. Thanks everyone!

Lilia Z. - Vintage Realty, Chicago, IL

Great job Chris. Thank you!

Burt F. - Coldwell Banker Residential

Fantastic! Thank you for all your hard work on this!

Hillary D. - Chicago, IL

Thank you once again Chris for a job well done! Enjoy the weekend!

Dana S. - Chicago, IL

Dear Chris, Words aren't enough to describe how grateful we are to have worked with you on purchasing our new/first home. When we started this process we were just believing God for the right people to help us in this new endeavor, and you were an answer to our prayers. Thank you so very much for all that you have done for us. This is a new journey for Donald and I and it means so much to us. Thank you for all of your wise counsel and for helping us get through all of the ups and...

Jordan and Donald O. - Chicago, IL

Thank you for all of your work in making this happen for Donald and Jordan Owens. Congratulations in advance! It was a pleasure working with you.

Michelle A. L.L. - Chicago, IL

About Chris

My approach to the mortgage business is with the heart of a teacher. The client today needs to know they are not making a mistake. That's why I give each client a Total Cost Analysis to make sure they're getting the perfect mortgage that fits them in every way. I graduated from Northwestern University in Evanston, and went to work with IBM and Hitachi Corp where I extensively used sophisticated financial analysis. I entered the mortgage business with Wells Fargo in 1994, and joined Victor Ciardelli in 1997 at Guaranteed Financial, which then became Guaranteed Rate in March 2000. My wife Diana, son Nikolas, dog Charlie and I all live in Lincoln Park near DePaul University in Chicago. We love to sail and play golf, and are involved with our church and community and school. We're big Northwestern Wildcat fans too!

Chris interview Q&A

How long have you been in the mortgage business and what inspired you to get into it?
I entered the mortgage business in 1994 after I purchased my eighth property. I thought I had a unique perspective as an income property owner with financial analysis tools few had.
Who is your typical customer and what questions do they typically have?
I have all types of clients: first-time buyers, move up buyers, empty nesters, commercial owners, income property buyers.
What specific steps do you use to help your customers find the best home loan for them?
All my clients get a Total Cost Analysis to make sure they get the perfect mortgage fit for them.
How long have you been in the mortgage business? What awards have you won?
Since June 1994.
What are the pros and cons of a fixed rate mortgage versus an adjustable rate mortgage (ARM)?
The Adjustable Mortgage such as a 7 Year ARM can save the client a considerable amount of money in 7-8 years compared to a 30 year fixed. My Total Cost Analysis guarantees that you will make the right decision.
Tell us about a specific challenging borrowing situation and how you got the mortgage closed and funded.
Recently a 92 year old mother and her 60 year old son purchased a multi-unit together with me after a national bank turned them down. The son wanted his mother to live next door to his own multi-unit and they needed to buy the new one together to make it work.
What advice would you give new or first time home buyers?
Make sure you work with a pro who has the heart of a teacher, and who uses a Total Cost Analysis to show you the perfect mortgage for you.
Tell us about a mortgage product that consumers may not be aware of?
The FHA 203K Rehab Loan allows a buyer to buy and rehab an owner-occupied 4 unit in Chicago with a $700,000 total loan. This is a great way to build wealth quickly and live almost for free.
How has the mortgage industry changed since you started, and what would you expect in the future?
The industry has become more technologically advanced with the Digital Mortgage that we pioneered. The client also has to know that all loans will be full documentation, and that we will make it as easy as possible for them.
What part of the home loan process do customers find most difficult and how do you help them through it?
The most difficult part is the accumulation of documents. If the client attacks this event for about 1-3 days, it will be over quickly. We are available by phone or in person to assist.
What are the top 3 misconceptions people have about the home loan process?
Top 3 myths are #1, you need a 720 FICO score. #2, you need 20% down and PMI is bad. And #3, you need a 30 yr fixed.
What 2 or 3 mobile apps would you recommend for home buyers or house hunters, and why? What Smart Apps do you recommend your customers use for the house hunting process?
I like Redfin or Trulia for property searches. They can also go to my site for a great mortgage calculator
What resources could you recommend that borrowers use to learn more about the mortgage process and how to ensure a successful home closing?
We have an e-book that tells the client everything about the process and it's easy to follow.
What can borrowers do to insure a smooth mortgage underwriting process?
Respond quickly to our requests, which if received by us in 1-2 days, we can clsoe any loan quickly.
Are you active in any local associations or community groups, and at what level? What goals and/or success have you helped these groups achieve?
I am a member of the Wrightwood Neighbors Association and St Josaphat Church in my neighborhood, as well as an active alum of Northwestern University.
Are you active in any fundraising organizations? What goals and/or success have you helped them achieve?
St Josaphat Parish and helping their parish and school to raise funds. The Latin School and helping the school to raise funds
Summary of where you grew up: family, affiliations, college, high school, etc.
Grew up in Cincinnati, OH and graduated from St. Xavier High School (Jesuit), then graduated from Northwestern University
What provides you with the most satisfaction in your job as a Loan Officer?
Any time we can save clients money in a refinance or assist them to structure the perfect mortgage to buy their home, it's a great feeling.
What do you enjoy doing most in your spare time when you are not helping people with their home loans?
I love to golf, swim, tennis and hang with my family and our dog
Tell us something that makes you unique or something wacky, yet interesting about you?
I can't tell you how often I'm told I look like Paul Ryan or Novak Djokovic ~ I'm not sure whom to believe!

See how easy the Digital Mortgage works

Today’s rates

Loan Type Rate APR

*Rates may vary by state. Please see Assumptions for more details.

Check rates and get approved online right now in just minutes! Or give me a call and I’ll answer your questions and guide you through the process!

Our Intuitive Loan Finder lets you sort by lowest monthly payment, lowest interest rate or the right loan term.

Explore loan options

Start your Digital Mortgage

Apply now