Michael Murray

Senior Vice President of Mortgage Lending
3940 North Ravenswood, Chicago, IL 60613
Contact Michael
NMLS: 223808
Ready to start your Digital Mortgage?
Apply now

TestimonialsCustomer testimonials Read more

Mike and his team were extraordinary to work with. Thank you for helping us get into our home.

Todd T. | July 2018

Very responsive agent, and simple online and email process.

Ebrahim E. - July | 2018

Michael Murray and the rest of the people at Guaranteed Rate were phenomenal! I appreciated how he answered all my questions. He didn’t just “robotically do his job”. He cared and explained things in a way that made buying (and financing) the home purchase very understandable. I would definitely recommend Guaranteed Rate to my family and friends. Again, my heartfelt thanks!!

Michael H. | July 2018

The process was easy and ran smoothly.

Kelly S. | June 2018

This was my second experience working with Michael Murray on a home mortgage. In both instances, Mike was readily available whenever I had a question or concern. He helped me through any complications that arose and his team was prompt and helpful. When our closing date fell through, Mike walked me through the rate lock options available and worked with me to make the best decision for my family. Thank you Michael and team!

Craig Y. | June 2018

This is my second loan with Guaranteed Rate and Michael Murray and his team have been excellent.

Sara R. | May 2018

As first time home buyers, why wife and I were a bit intimidated with the loan application process. Michael Murray and others put us at ease and guided us each step of the way

Alejandro D.A. | May 2018

Michael Murry & Guaranteed Rate were by far the best lender I spoke to during this whole process. I appreciated most that the answers to all of my questions we clear & direct. Also, the numbers never changed and, again, we’re clear and consistent throughout the process. I really felt the other companies I spoke to were all quite the opposite, so when it came down to it the choice to put my trust in Michael & Guaranteed Rate was clear.

Zachary Z. - May | 2018

Michael Murray and his team were great. I would recommend him to anyone needing a mortgage loan. He was always helpful with all of my questions throughout the process and was quick to respond to any concerns or questions.

Eric H. | March 2018

I honestly could not have been more happy with my experience using Michael Murray and his team. Everything felt seamless. The process of buying a home can be so stressful and I never felt this from my interactions with your team. So very happy!!! Thanks!

Rachel P. | March 2018

Michael Murray and his team did an excellent job in guiding me from telling me what documentation they needed from the beginning. I provided what they needed and had my clear to close in 10 business days. I am a real estate professional and this is the fastest financed loan I have ever participated in...this time being the client. Mike Murray and his team get 10+ stars in my book. They are organized, punctual, responsive, and are a delightful team with whom to work. Thank you, Mike! You are...

Sarah M. – 12/27/2016

The entire team: Shiiru, Erica, Brian, and Mike was great. It was definitely a team effort.

Dawnmarie D. - Oak Park, IL | JUL 2016

Mike Murray was a wonderful loan officer. He made it very easy as a first time home buyer to understand the process and was available to answer questions when needed. I would highly recommend guaranteed rate for anyone who is looking to purchase a new home.

Krista W. - May 6, 2016

Michael Murray has been fantastic to deal with both times we have gotten a mortgage. First in our first time he was attentive and informative. Then, in our refinance he was able to help us out substantially. He is highly recommended.

Joseph L. May 2016

I wanted to thank you and your team. Having never been through the mortgage process before, we found your service and guidance to be helpful, prompt, and always engaged.

Nick C. - 4/22/2016

I just wanted to say that Michael Murray and his team at Guaranteed Rate did an excellent job at every step of the process. I will recommend them to others and would definitely use them again!

Rodney F. -Chicago, IL | MAR 2016

Michael Murray and his team were absolutely fantastic to work with. While the amount of paperwork was a bit daunting, I understand that this is from regulations and not simply business practices. Overall the experience was very good, and I truly appreciated being able to email with and call consistent people. I truly appreciated in particular that I could call Michael and ask him questions about language or procedures, and he explained things to me in terms I could understand. I am very...

Camille C. - Chicago, IL | Dec. 2015

Once I met with Michael, he explained in detail what was needed and why, it was great.

Roy D. – Evanston ,IL | June 2015

Michael Murray and his team provided exemplary service in my recent refinance of my residence in a western suburb of Chicago. It would be hard to imagine a smoother process in refinancing a home than what my wife and I experienced. I would highly recommend Michael Murray and his team if you are seeking purchase financing or a refinance of an existing mortgage in the Greater Chicagoland area. Thanks to all at Guaranteed Rate and specifically to the Michael Murray team for making what is...

Chris G. – Oak Park, IL | May. 2015

This experience could not have gone smoother. Mike and his team make the process easy. They were always prompt in returning my calls or answering any questions Mike was a total professional yet added the personal touch.

Nancy B. - Riverforest, IL | Nov. 2014

Mike was one of my all time favorite people to work with. He is very direct and to the point which I really mesh well with. Even though the whole mortgage process is brutal, he made this entire process relatively painless!

Jonathan O. -- La Grange, IL. 10/17/2014

Mike Murray is fantastic - I refer him every chance I get. He has a great team, too.

Rachelle L. -- Arlington Heights, IL. 10/9/2014

Mike explained each process and helped us in each step through our closing and answered each question in detail and in a timely manner.

Bobby C. -- Westchester, IL. 10/1/2014

Michael Murray was phenomenal! He was very responsive and helpful! We couldn't be happier with our experience!

Christopher H. -- Chicago, IL 8/26/2014

Michael was great. Patient, helpful, and really knows his stuff. He gives great service and is always available to talk. I have nothing but good things to say.

Steven T. -- Chicago, IL, 2/24/2014

Hey, check out this amazing review from Josh about Michael! "After two times working with Michael Murray, I have found him to be extremely personable, hardworking, trustworthy and willing to answer any questions. He was able to secure the exact loan we wanted and got us a far better deal than I was able to find from several local banks. I would work with him again for any future mortgages. He is the type of guy you want to invite over for dinner just to hang out after all the papers are...

Josh J. – Chicago, IL – 4/2013

Hey check out the amazing review from Michael about Megan! “Michael was always great. Consistently answering and of my questions and phone calls any day of the week. He was the most responsive of all the people I had to deal with through this whole process. Thanks again Michael for all your hard work!”

Megan S. -- Chicago, IL -- 03/2013

Hey check out the amazing review from Alejand from Michael! “I worked with Michael Murray at Guaranteed Rate and he was more than willing to answer all our questions and assist whenever needed. Michael even made it a point to attend the closing, which was great to see personal touch. Thanks again Michael!”

Alejand D. -- Chicago, IL -- 02/2013

Everything went very well. This is my second transaction with Guaranteed Rate, both times with Michael Murray, and I have been absolutely pleased. With all the options out there for mortgage companies, it is hard to know which are good and which are not. I no longer have to worry about that problem.

Michael S. - Aurora, IL 2/2012

About Michael

“With over 16 years of experience as a mortgage banker, I understand the importance of making the right financial decisions . Whether you're buying, selling, refinancing, or building your dream home, you have a lot riding on your decision. Market conditions and mortgage programs change frequently, and I welcome the opportunity to serve your needs with experienced and accurate financing advice.

My knowledge and expertise will help determine the absolute best loan program to meet your objectives. In addition to offering the lowest interest rate and closing costs for your scenario, my team and I are committed to communicating and answering your questions throughout the entire process and after closing.

My main priority is to ensure that you make the right choice for you and your family. I am committed to providing my customers with mortgage services that exceed their expectations. I am always here to discuss your financial goals whether they are short term or long term. I look forward to hearing from you.”

Michael interview Q&A

What specific steps do you use to help your customers find the best home loan for them?
I find that listening at the beginning of the process allows me to direct my customers into the appropriate loan that meets their current and future needs. The most important parameter is the timeframe a customer expects to own the property, what there intended use will be and how quickly they would like to pay the mortgage balance off. Someone purchasing a condo as a primary residence may convert it into a rental property, or someone that currently has an investment property may one day make that their primary residence by downsizing. Understanding my borrowers timeframe and intentions up front allow me to make sure that they use the most efficient loan that meets their needs.
What advice would you give new or first time home buyers?
The best advice for new or first time home buyers is to ask questions. The more informed and educated a borrwer is throughout the purchase/ underwriting process, the more comfortable they will be at the closing table signing off on the largest purchase of their life up to this point. The nature of choosing a mortgage company and loan officer to work with can be challenging with the amount of information and mis information available. A new buyer should make sure that terms, options and process is clearly explained upfront and as well as have the expectations of timing, need for additional items and closuing process explained in detail.
What can borrowers do to insure a smooth mortgage underwriting process?
The key to a smooth underwriting process in the current environment is organization. The more organized a borrower is at the beginning of the process, the smoother the transaction will go. Most lenders require 2-3 times the amount of information that had been required in the past. If the customer has the ability to provide the items in the initial request for conditions, this will ensure that future requests for additional items/ clarification will be minimal. Sometimes less is more, but in today's market, underwriters are the most thorough they have ever been. It is our goal to request as much information at the outset in order to facilitate a smooth, seamless underwriting and loan process.
Summary of where you grew up: family, affiliations, college, high school, etc.
I grew up in Oak Park/ River Forest where I attended Fenwick High School. I graduated from John Carroll University outside of Cleveland, OH where I met my wife Meghan. We just celebrated our 10 year anniversay in October 2012. We live in LaGrange Park and have 3 children - Finn, Seamus, and Saiorse who keep us busy. I have two sisters and brother in laws that live in Chicago and we are currently encouraging them to move to the LaGrange area as well. When a free moment opens up, I enjoy cooking for family and friends and getting all of our kids together.
Tell us something that makes you unique or something wacky, yet interesting about you?
My family bought me a smoker a few years ago - when time permits (and it does every other weekend ususally), I enjoy firing up the smoker and cooking a meal for family, friends and neighbors.

See how easy the Digital Mortgage works

Today’s rates

Loan Type Rate APR

*Rates may vary by state.

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!

Intuitive Loan Finder

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