GuaranteedRate Logo

Mike Nielsen

Vice President of Mortgage Lending
3940 North Ravenswood, Chicago, IL 60613
Contact Mike
NMLS: 223614
Ready to start your Digital Mortgage?
Apply now

TestimonialsCustomer testimonials Read more

Mike Nielsen and his team are great, very thorough and quick to get us the information and answers we needed. This is the second time in one year that we have used them and we will continue to do so if needed, as well as recommend to anyone we know, thanks again!

Jordan W. -Glen Ellyn, IL | MAR 2016

Mike Nielsen made the whole process amazing. He was so responsive, very fast, and took excellent care of us.

Rachel C. -Chicago, IL | MAR 2016

Mike Nielsen was professional, efficient and communicative. He gave us a ton of information as the re-fi process went along. We were happy that we could submit all documentation online, and have a notary come to our house when it was convenient to us. As a millennial couple, this process moved at the speed we are used to with no hiccups. We are extremely happy customers.

Carla E. -Chicago, IL | MAR 2016

Mike Nielsen is just great. Hands on, great communication and a responsive team. Mike the closer was fantastic. Love Guaranteed rate and always tell my friends.

Hugh A. - Chicago, IL | Dec. 2015

All the parties involved were exceptionally helpful, particularly Mike. Whenever we had a question we simply emailed or called and had an immediate answer. Thank you very much, I am very satisfied.

Sean L. – Chicago, IL | SEP 2015

"Working with Mike Nielsen is phenomenal. Not only is he available all the time via cell, email and text, but he is on the ball. He responds to me quickly and makes sure he does the best possible job for my clients. A quick "story": Client with 9 mortgages. Getting 10th mortgage. Appraisal comes in $100K low on TERRIBLE appraisal. Mike swoops in, gets appraisal desk review with knowledgeable appraiser. Buyer closes on time. Buyer happy, seller happy, realtor happy, lender happy. Everyone lives...

Sarah M.-- Real Estate Agent-- Chicago, IL.

Mike Nielsen and his team were a pleasure to work with. They were very professional and had great attention to detail, they made the process easy. You guys were great, thanks !

Vito R. -- Chicago, IL.-- 6/ 2013

On behalf of my wife and I, we want to thank you and your team for the job that you guys did in closing on our home. You guys were able to get it done in the time we needed, where others said it wouldn't be possible. It was a true pleasure working with you. We will be referring all of our friends and family!

Aaron & Jennifer D.

“I just had another great experience working with Mike Nielsen at Guaranteed Rate in Chicago. My clients were very happy with the service, terms and reasonable fee. Way to go Mike!”

Scott P., Realtor – Chicago, IL – 7/2013

"I have worked with Mike Nielsen for a number of years and he is phenomenal. Not only is he available all the time via cell, email and text, but he is on the ball. He responds to me quickly and makes sure he does the best possible job for my clients. A quick "story": 2. Client with 5% down. All gift funds. No funds of his own. Nightmare deal. Deal almost falls apart 15 times, but Mike works some sort of magic, I think, and closes deal ON TIME. Client never knows it was an issue. Buyer happy,...

Sarah M.-- Real Estate Agent-- Chicago, IL.

Hey check out the amazing review from Lisa about Mike! “The process was easy and the service was exceptional! Mike explained to me what was required which made the process move forward smoothly! Thanks again Mike!”

Lisa L. -- Aurora, IL -- 03/2013

Check out the 5 star rating SAA gave Mike on Yelp! "I have worked with Mike Nielsen three times now (purchase of real property and refinancing twice). Each time the transaction was smooth and quite fast.I can recommend Guaranteed Rate based on my personal experience."

SAA Chicago, IL 12-2012

Fantastic! Mike and everyone we worked with through e-mail correspondences were excellent. Our questions were always answered in a timely manner. We can't say enough good things about Mike- he helped us through the entire (very long) process. Thanks again Mike!

Cori S. - Long Grove, IL 6/2012

...I can't say enough about Mike Nielsen. My clients were working with another mortgage broker that they chose. Their broker made some mistakes. Mike took over the file and turned it around with a CTC in 3 days - a day ahead of expectations. It was also one of the smoothest closings I've attended. This wouldn't have closed without him! These clients will be purchasing several other properties in the near future. I can't say enough great things about Mike. He's now my go-to broker.

Michelle M. - Realtor 4/2012

Everything went well, smooth as usual working with Mike Nielsen and his team. I financed my original home loan with Guaranteed Rate and have re-financed twice since then, both through Guaranteed Rate. I have referred several family members and friends, and they have gone on to close business with Guaranteed Rate. I believe I have now referred about 5 people that have ultimately closed loans with Guaranteed Rate.

Jeffery S. - Chicago, IL 9/2011

About Mike

PRESIDENT'S CLUB MEMBER ”“ 2008 2009 2010 2011 2012 2013 2014

While at Guaranteed Rate, Michael Nielsen has consistently closed 180+ loans annually, averaging over $65 million in yearly production. With figures like these, it is no wonder Michael is a top producing loan officer, securely within the top 1% of the company and a President’s Club member.

His impressive work has led to numerous awards and placement such as being ranked #127 in US in 2014 and receiving the Young Guns Mortgage Professional award in 2014 and 2015 by MPA

Utilizing his degree in Business from Purdue University, his ten years of experience in the mortgage industry, Mike has the expertise and resources to make your next home loan stress free.

Mike lives in Winnetka, IL with his wife Lori and two daughters, Sienna and Scarlett.

Mike interview Q&A

How long have you been in the mortgage business and what inspired you to get into it?
Thirteen Years
What specific steps do you use to help your customers find the best home loan for them?
I look to connect and understand my clients situation and plans so I can provide the best service and products.
How long have you been in the mortgage business? What awards have you won?
Presidents Club from 2008 - 2015. Scotsman Ranked 176 in the Top 200 with approximately 30,000 loan originators in the United States.
What are the pros and cons of a fixed rate mortgage versus an adjustable rate mortgage (ARM)?
Security in your rate might cost you a little extra. We will find what is best for you!
Tell us about a specific challenging borrowing situation and how you got the mortgage closed and funded.
Staying in constant communication with my clients allows both of us to tackle any hurdle that we come across!
What advice would you give new or first time home buyers?
Ask questions when unsure and speak your mind if you have a concern.
How has the mortgage industry changed since you started, and what would you expect in the future?
Regulations, guidelines and, best business practices change. Making sure I get the best deal for my clients never will!
What resources could you recommend that borrowers use to learn more about the mortgage process and how to ensure a successful home closing?
Asking me questions never hurts and will set us up for a smooth loan transaction!
What provides you with the most satisfaction in your job as a Loan Officer?
Helping home ownership or investment dreams come true!

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!

Intuitive Loan Finder

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