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Erik Johansson

SVP of Mortgage Lending
1699 E. Woodfield Rd, Ste 320, Schaumburg, IL 60173
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NMLS: 222984
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Erik Johansson and his team were the highlight of this transaction. They were the problem solvers, and there were a lot of last minute problems.

Matthew F. – Elmhurst, IL | SEP 2015

I could have never been able to get through this first time home buying process without Erik and his team. He acted as my coach in a sense to this whole experience and I could not be more happy!

Meagin C. – CHICAGO, IL | July 2015

Very satisfied. Deven and Erik were great to work with.

Eufemio B. – Vernon Hills ,IL | JULY 2015

Erik is the best! As a first time homebuyer he explained everything so clearly and went through all of my options. I felt comfortable knowing that we were working together to find the best loan for my long term goals and home purchase.

Barbara N. – Barrington ,IL | June 2015

Erik was very nice and he communicated well. If I ever had any questions or concerns he would respond quickly! The process was very smooth!

Jacob K. - Chicago, IL | Nov. 2014

Erik and his team were all fabulous throughout the entire process and made the home buying experience less stressful. They were in constant communication, explained everything, and provided outstanding service. Working with Erik and his team was a great experience and we have nothing but positive things to say.

Jenna, F. -- Chicago, IL. 9/15/2014

Erik did a great job. Absolutely would recommend to friends.I found the process very easy. If I had a question I could call or email Erik. I liked to ability to do the electronic signing of documents this made the process smooth. Also, I appreciated the transparency my realtor and attorney were always copied in on all communication.

Joe B. -- 10/9/2014

Erik was quick and thorough with his responses and getting our loan through the approval process. I am very satisfied with Erik's work!

Matt G. -- Plainfield, IL 5/26/2014

Erik was wonderful to work with. We are very detail oriented and Erik was willing and able to work with us and provide us with everything we wanted to know about the mortgage process. We are first time home buyers and knowing that he was working hard to answer all of our questions was very reassuring. He worked well with the attorneys to coordinate the time sensitive components of the closing process. He and his staff are very quick to process through all of the information and paperwork making...

House Buyer -- Lake Zurich, IL 5/8/2014

More than helpful throughout the entire process. He spent lots of time on the phone with me answering questions, even those outside of his realm in the purchase process. We chose Erik over other lenders because of his customer service.

House Buyer -- Oak Park, IL

Erik is great. He's knowledgeable about the market and will work with you to get you the best loan type for your situation. I've worked with him in the past and jumped at the chance to work with him again and I have no regrets. He's always available for questions and he is quick to respond, even during nights and weekends.

House Buyer -- Darien, IL 5/12/2014

I had a bunch of questions and changed my mind on my financing options, but Erik was always patient. He walked me through the details and helped me better understand how to finance my purchase in the way that was best for me. Erik won my business over another lender due to his personable approach.

Condo Buyer -- Chicago, IL 5/22/2014

Erik Johansson and his team were fantastic. Easy to talk to and very knowledgeable. I feel very fortunate to have worked with them. I was particularly impressed with Erik's ability to work quickly and on short notice. There were times in the process where things happened quickly, and he was always ready to help.

Daniel P. -- Chicago, IL 4/28/2014

Erik spent a lot of time with us, explaining everything in detail. His knowledge made us feel at ease. Erik is very personable. Unlike other lenders, we never felt pressured. We would recommend Guaranteed Rate, and especially Erik, to others.

Raymond W. -- Westchester, IL 4/10/2014

Erik was great with all the questions we had. He did a really good job with explaining it all.I really liked the fact that we could do so much online and over the phone, it made the whole process easier in that we didn't have to find time for both of us to go to meetings. It went so smoothly and quicker than we expected!

Rachel W. -- Arlington Heights, IL, 2/13/2014

Eric and his team were fantastic in all ways! Eric was phenomenal and spent a lot of time discussing the details with me whenever I had questions. Everyone at the closing table commented on how smoothly it went.

Darrin A. -- Chicago, IL 2/13/2014

This is the mortgage company we used and thought they were great! They made all of our work easy! Thanks to the whole team for making our first home buying experience seem less stressful!

Heidi S. --Chicago, IL 2/16/2014

"It was okay, I haven't heard any bad things and we've got our mortgage! Erik was the most helpful person throughout our transaction purchasing property, he was very informative from the beginning. We found it reassuring when he called us several times because we had to reset the closing date due to tenant issues. He was always really informative, especially about the closings. It was a great experience, Thanks!"

Anna Y. -- Chicago, IL. -- 9/ 2013

"Working with Guaranteed Rate was a wonderful experience. The service I received was smooth and painless. Erik was very detail oriented, prompt and was always available. Everyone who helped with me was friendly and knowledgeable. Working with Eric and Guaranteed Rate was super easy. Erik is the best!"

Christopher G. --Chicago, IL -- 5/2013

“I had a fantastic experience with Erik Johansson on a complicated short sale. We got a low rate and a very long lock. Erik is on the ball…he follows up immediately and gives useful advice! The whole team was stellar. This was a trial by fire on our first home purchase but Guaranteed Rate made the lending painless!”

Madi T. – Chicago, IL – 8/2013

“Erik Johansson and his team were amazing, perfect for a first time homebuyer who asks a lot of questions. Erik was always friendly and reassuring when responding to me. They were thorough, easy to reach, kept me informed of what to expect and possible delays. He was very honest and forthcoming even when my expectations were too high or off. I very much appreciated this. I would very much like to bake him a pie or give him a puppy… something to show my appreciation for the great service. I...

Kristen D. -- Des Plaines, IL -- 5/2013

Hey check out the amazing review from Chris about Erik! “I worked with Erik Johansson (and his excellent team of Carolyn, Amy, Megan, and Taylor) spending hours on the phone explaining my options. Everything proceeded so quickly that we were cleared to close well in advance of the actual closing date. Erik made sure to personally call me at several points and even managed to get us a lower rate than we had initially locked in. Overall,I could not be happier with the process, with Erik, and...

Chris S. -- Toledo, OH -- 03/2013

Hey check out the amazing review from Thomas about Erik! “Erik provided great service! Guaranteed Rate, ease of use, competitive rates and transparent pricing were simply great! Their website is amazing for loan shopping. I loved the transparency of the automated emails, updating where we stood in the process! This was my 3rd time using Guaranteed Rate and the experience has gotten significantly better each time! Thanks again Erik!”

Thomas C. -- Lake Zurich, IL -- 03/2013

Fantastic - it was a short sale, so a long process. Erik Johansson was super helpful explaining and overseeing everything. Near the end of the process Kevin Heneghan also provided assistance on filling out the application. Deborah Gramarossa made a herculean effort to schedule the closing date to accommodate everyone and made sure the deal did not fall through. The lawyers and real estate agents all commented on this at the closing.

Linda L. - Chicago, IL 7/2012

Fantastic. Erik Johansson spent a lot of time explaining the lending process in ways that we could understand, and it was helpful in making us feel like we knew what was going on.

Michael S. - Chicago, IL 7/2012

Perfect! I worked with Connie Borcharcht and she was fantastic! She was very accessible and always got back to me promptly. She is very knowledgeable. I couldn't be happier with how well it went!!!

James P. Oswego, IL 3/2012

Everything went really well. I worked with Erik Johansson and throughout the whole process from pre-qualification to final approval, he was insightful, helpful, easy to work with and after closing, he called to follow up to make sure everything went well. I couldn't have had a better loan officer working with me. I would definitely recommend Guaranteed Rate to family and friends who are looking to purchase a home.

Brian L. Willowbrook, IL 3/2012

About Erik


Devon Peterson, VP of Mortgage Lending – Devon is Erik’s “right hand”. He is Erik when Erik is not available. He can answer any and all questions about financing your home and also advise on any part of the mortgage process.


Carolyn Pettengill, Production Manager – Cari controls the upfront part of the process. She will send all loan disclosures over via DocuSign, invite you to TransferSafe (our secure document system) to upload all required supporting documents and she submits to underwriting.


Heather Dennehy, Loan Coordinator – Heather is the back end part of the process. She will review the loan approval and connect with borrowers to request additional information if needed. She will work with borrowers to get the loan back to underwriting for the “clear to close”. Heather then submits the loan file to our closing team to coordinate getting the loan docs to title.


Erik interview Q&A

How long have you been in the mortgage business and what inspired you to get into it?
My career in the mortgage industry began in 2002. I was wrapping up my degree in Business Information Technology just as the tech bubble burst, and to be quite honest, I took my first job in the industry in anticipation of re-joining the Tech Industry after the dust settled. What I found instead was an opportunity to build a career doing something I love, which is engaging with people on an individual basis and guiding them as they achieve a very important goal, in this case home ownership. Early in my career, I found that most Loan Officers were trained as “Sales People,” which I found to be odd. If I were a consumer I wouldn’t want to “negotiate” for the best terms, especially when making such a large purchase. Instead I chose to approach the business from a consultant’s perspective. My goal was to be an expert that a consumer could turn to for information that would allow them to make the best choice for their individual circumstances. That approach allowed to weather the Housing Crisis and has since propelled me to be recognized among the Top 1% of Loan Originators nationwide every year since 2010. I use the same approach to this day.
What advice would you give new or first time home buyers?
Take the time to get thoroughly pre-approved. The more clearly you understand the process and how you qualify the better the overall experience will be. The advantage goes to the well prepared.
What resources could you recommend that borrowers use to learn more about the mortgage process and how to ensure a successful home closing?
The mortgage industry is more transparent today than any time in history but there is still room for improvement. The hands down best way to gather substantive and useful information is by speaking with a Loan Officer directly.
What provides you with the most satisfaction in your job as a Loan Officer?
Helping people to simplify life’s biggest purchase by breaking down the process into bite sized pieces and hearing that sigh of relief from my clients when they gain the confidence and the clarity they have been looking for.
Tell us something that makes you unique or something wacky, yet interesting about you?
In addition to being a Loan Officer, I am a classically trained chef. I take great pride in feeding my family, my friends, and my co-workers. I have a servant’s heart.

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