Chris Peterson

Vice President of Mortgage Lending

chris.peterson@rate.com

o: 734.368.9264
c: 734.478.4600
f: 773.516.6155

625 Avis Dr, Ste 200, Ann Arbor, MI 48108

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NMLS: 270325

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Chris Peterson has always proven his integrity during every facet of my mortgage process. His honesty and straight forward talk and approach take the confusion and questions out of this complicated process. He will do every mortgage I ever have and I highly recommend him to anyone I know as well!!!!

Scott B.

You were great to work with Chris. My credit issue took a lot of work and I wouldn’t have resolved/corrected it if you were not guiding me and making things happen. That effort will help me for any future transaction I have and, again, really appreciate it!

Dave L.

I had the pleasure of working with Chris Peterson on a mortgage for our new home we bought. The transaction itself was not a simple one, we as borrowers had extenuating circumstances, the sellers were 1200.00 miles away and had issues also, everything lined up for this to be a disaster. Due to his professional manner, attention to detail and relentless work ethic he pulled it all together with minimal effort on my part. It was very appreciated and also needed at the time. I would highly...

Raymond V.

Chris explained the best option based on the price of the house and the amount of money I had to use for a down payment. After comparing with other lenders to determine if I was getting the best financing possible, I was happy to tell Chris we had a deal. It was a very seamless process and I have referred Chris to others that are looking to finance a home.

Todd M.

I was looking to purchase a second house in order to shorten the daily commute. After several months of trying to figure out financing, a business associate of mine recommended I give Chris a call. I explained the situation to Chris and how I was having a difficult time figuring out how to finance a second home. I could afford it, but lenders were timid after what had happened in the lending market. Within 24 hours Chris had several options for financing the second home and the timing...

Todd M.

About Chris

#1 Purchase Lender in US | 96% Customer Satisfaction | A BBB Rating |

#1 Ranked Lender by Fewest CFPB Complaints | 4x Industry Average Customer Loyalty Ranking |

#1 Lender by Volume ranked by Scotsman Guide | #1 Lender ranked by Mortgage Executive Magazine |

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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 industry in 1996 for a broker in Southfield, MI. From 2001-2014 I opened, owned and ran Peterson Mortgage LLC in Ann Arbor, MI. In August of 2014 I joined a great company called Guaranteed Rate. I've always been passionate and interested in the real estate and finance industries. That prompted my decision to earn my BBA with a Finance major and Real Estate minor from Eastern Michigan University.

How has the mortgage industry changed since you started, and what would you expect in the future?

The mortgage industry has experienced many changes over the last few years. Foremost among these changes have been an increase in documentation required from borrowers, stricter underwriting guidelines, and most importantly, review and required licensing of mortgage professionals. The mark of a true professional is someone who is willing to go above and beyond expectations to ensure success. I have the expertise, knowledge, patience, integrity and professionalism to help select the right mortgage product. I work tirelessly with my clients and devote my personal attention to every detail.

What can borrowers do to insure a smooth mortgage underwriting process?

Communicate with borrowers about all expectations and processes of the loan. Ask your borrower to commit to Guaranteed Rates’ system, and we will deliver a smooth transaction.

What provides you with the most satisfaction in your job as a Loan Officer?

I experience great satisfaction in closing a loan and having a satisfied customer reach out their hand to thank me for a job well done. I also value developing a friendship with a client and having them refer a family member or friend to me.

Tell us something that makes you unique or something wacky, yet interesting about you?

I enjoy getting out and being around other people at sporting events, concerts and festivals. It’s always fun to see people having fun and enjoying their lives.

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