GuaranteedRate Logo
GET APPROVED INSTANTLY

Larry Steinway

SVP of Mortgage Lending
3940 North Ravenswood, Chicago, IL 60613
Contact Larry
NMLS: 223579
Ready to start your Digital Mortgage?
Apply now

TestimonialsCustomer testimonials Read more

Larry Steinway and his entire team are ROCKSTARS! If you are looking for a company that is Veteran friendly and knowledgeable about VA home loans this is definitely the team for you! Guaranteed Rate completed our VA home loan from start to closing in 8 business days! Larry can get you the best interest rates around and his entire team goes the extra mile to make the process as easy as possible. As first time homebuyers with little knowledge of the entire process Larry and his team were...

Caitlin S. - Plainfield, IL | MAY 2017

Larry and his team are the best!! They completed VA home loan funding in 8 business days from start to finish! Guaranteed Rate made a miracle happen with our home loan process and are complete rockstars! We are forever grateful for their hard work, diligence and peace of mind they gave us through the entire process!

James G. – 5/24/2017

Larry Steinway and his team were top notch. My attorney even commented on how smooth the closing was, and attributed it to Larry and his team's responsiveness and organization. Would highly recommend!

Curt M. | 04/27/2017

Larry made it easy for us to understand the loan process from start to finish. The whole team was quick to respond to any question we had at any point in the process. We were shocked at the ease of our whole process and can't thank Larry and his team enough for making our first house a reality.

Zachary K. | 04/20/2017

Larry Steinway and his team are absolutely incredible. They made the process so easy, and walked me through every step. Larry himself is accessible almost 24/7 265, which really shows his commitment to his customers. Thanks for a great experience. As an investor, I will be coming back over and over again.

Atul K- 1/27/17

Larry Steinway and his team at guaranteed rate are THE BEST in the business. i was extremely satisfied with their professionalism, communication, and overall abilities. it was a pleasure working with them and i would recommend them to everyone.

Adam S. - 2/3/17

Larry's whole team was extremely efficient and professional; they get things done.

Yusup K. - 1/30/17

Larry's whole team was extremely efficient and professional; they get things done.

Yusup K. - 1/30/17

Your team was absolutely amazing! We had such a great experience in what could have been a very stressful home purchase and it's all because of the great group of people under your leadership at Guaranteed Rate. THANK YOU! Keep up the good work! Your whole team is #1 in our book.

Jane and Mark - 12/16

There were a number of unexpected "bumps" in the road, plus a major scare two weeks before the anticipated closing. Guaranteed Rate did everything possible to navigate the troubled waters and provided excellent guidance and support throughout the entire process.

Mark A. - Skokie, IL - 12/5/2016

Very responsive, easy to communicate with. Thank you Larry and team.

Scott E.-- Highland Park, IL- 11/16

Larry Steinway was friendly, knowledgeable, and professional. He gave me his personal cell phone number, and was always available by phone to answer questions, no matter how simple or complex. It's my first mortgage as an investor, and Larry's team walked me through the entire process. I have found my partners for all future loans and mortgages. Thanks Larry!

Atul K.-- Buffalo Grove- 11/2016

Larry Steinway was (once again) fantastic to work with. The process of refinancing was extremely easy and quick. At times I completely forgot that something as important as obtaining a loan was even happening in my life, which is a testament to how well Guaranteed Rate and Larry go about their business. The docusign system is also a life saver. I couldn't imagine going back to the system of printing/signing/scanning important documents. Overall, I have and will continue to recommend Guaranteed...

Nathaniel H. -Highland Park, IL |AUG 2016

Larry Steinway was absolutely top-notch and made the process so easy. I appreciate all of his hard work and dedication to making our refinance so simple.

Lance H. -Chicago, IL |AUG 2016

Larry & team were great to work with. Very responsive & very customer focused.

Frank S. -Libertyville, IL |AUG 2016

Larry and his staff were great again!!!! He knew our situation and worked on the perfect refi solution that could work for me and my family. Being in Chicago our taxes went up huge and with Larry's help he lowered our payments even with an escrow to cover our taxes.

Joe W.

We proposed a very aggressive close schedule, and Larry Steinway and his team accepted the challenge. Together, we flew through the process from application to close in only three weeks! Constant and clear communication from Larry kept us up to date and on track. We appreciate all the hard work from so many people, and will recommend Guaranteed Rate.

Paul B - 8/16

Larry Steinway was (once again) fantastic to work with. The process of refinancing was extremely easy and quick. At times I completely forgot that something as important as obtaining a loan was even happening in my life, which is a testament to how well Guaranteed Rate and Larry go about their business. The docusign system is also a life saver. I couldn't imagine going back to the system of printing/signing/scanning important documents. Overall, I have and will continue to recommend Guaranteed...

Nathaniel H- August 2016

My wife and I worked with Larry Steinway at Guaranteed Rate. We could not be more pleased with the service of him and his team. The team gave us a list of documents and actions we needed to take in order to get our loan as quickly as possible. We were able to close in about 5 weeks but in reality we were ready to close in 4 weeks if we didn't have an issue with our buyer's lender (They were just TERRIBLE!) Larry and his team were VERY responsive to our questions and needs being that this...

Anonymous- 7/16

My wife and I worked with Larry Steinway at Guaranteed Rate. We could not be more pleased with the service of him and his team. The team gave us a list of documents and actions we needed to take in order to get our loan as quickly as possible. We were able to close in about 5 weeks but in reality we were ready to close in 4 weeks if we didn't have an issue with our buyer's lender. Larry and his team were VERY responsive to our questions and needs being that this was our first big purchase...

Joe J. -Buffalo Grove, IL | Jun 2016

Larry Steinway and his whole team were great to work with. At no time was I unclear of the status of my loan and all questions that I had were answered promptly. I don't know what else to say because the process was so easy and painless. Thank you!

Matthew B. 6/2016

Fantastic experience!! Larry Steinway and his team were an absolute pleasure. They were very responsive, knowledgeable, and kind throughout my entire loan process. Would highly recommend to my friends/peers

Zachary K. 6/2016

We were very fortunate to work with Larry Steinway and his team. They made purchasing our new home very easy and we truly felt extremely supported and taken care of throughout the process. Larry walked us through every part of home loan process and helped us navigate each speed bump along the way. I would absolutely use Larry again for purchasing a home or if refinancing - he was a true pleasure to work with and a rare find!

Linda K.- 6/16

Everyone with GR is very professional and competent GR's systems make the application and qualification process easy and fast.

Howard I. - 5/2016

This was the simplest closing I've ever had! i already passed on your info to two of my friends who, like i was, are toying with the idea of refinancing but they were under the impression it is going to be such an ordeal! I told them how Guaranteed Rate and everyone involved made it so easy.

Sandra N. - 4/6/16

I really enjoyed working with Larry! He was not only conversational and friendly but made the process seamless and straightforward! Thanks Larry!

Siegfredo N. -CHICAGO, IL | MAR 2016

Larry Steinway and his team made the process so simple for our first time purchasing a home. I heard from many people that the process can be long and stressful but we didn't experience any of that. Larry made sure that I understood my options and that made me feel comfortable to work with his team. The online process made sharing documents easy and I wouldn't want it any other way. A+ service from an A+ staff. Looking forward to doing business with them again!

Jason B. - Chicago, IL - 3/16

It was an absolute pleasure doing business with you during the purchase of our new home. The entire process was seamless and your team is a fine tuned machine. Everyone was great to work with from top to bottom. Thanks for your help and I will be sure to pass along the good word to potential clients. Talk soon.

Ryan F.- Skokie, IL - 3/16

Larry did an excellent job! Guaranteed rate was able to beat the terms and rates that the national banks were giving me got me a clear to close in 10 days! I would highly recommend Guaranteed Rate for your next mortgage.

Yanyue M. - Chicago, IL | Jan. 2016

We never thought getting a mortgage would be as quick and easy as Guaranteed Rate made it. Larry Steinway was our loan officer and he was fantastic from the beginning, walking us through our options and coming through on his commitment to getting our loan secured during a relatively short timeline between loan application and closing. We have already recommended Larry and Guaranteed Rate to others and will continue to do so, as well as use both for any and all of our loan needs in the...

Nathaniel H. - Chicago, IL | Dec. 2015

Al and I wanted to take a minute to say thank you very much. You did an outstanding job of getting our loan process done and my family and I appreciate it. You helped make a dream come true for pass 10 years, You are an awesome guy with great heart.

Hina L. 08/2/2015

The rate was competitive. But, even if it had not been, knowing what I now know about the ease of the process and the service, I might be willing to pay a fraction more in the future to again have the same experience should the need to refinance occur.

Ron and Pam F. 08-06-2015

Pam and I want to let you know what a pleasure it was to work with your time on our refinancing. Even for technology challenged seniors, the document uploading program was quick and relatively easy.The communication from your team was first rate. We were informed at each step of the process and always knew what to expect and when.The closing process also was smooth. Despite having to review many documents, the closer explained each one and made sure that we understood when and where to make our...

Ron and Pam F. 08-06-2015

Larry was awesome! He's the best.

John P. – Lincolnshire, IL | Apr. 2015

About Larry

I entered the mortgage business in 1990. My sister was a Processor at a small brokerage and the owner needed more Loan Officer's. Also, my Mom was a real estate agent so all the cards were lining up for me to enter the industry. To me, this one of the best jobs a person can have. The harder and smarter you work the more opportunities present themselves. Over my career I have funded in excess of $1.4 Billion dollars in loans. I have been fortunate to be in the top 1% of Loan Originators in the United States year after year.

I attended Illinois State University and studied Business and Communication. I also played Hockey at the University which was a great experience and taught leadership and team building skills which I use today.

I grew up in Northbrook, IL and have lived for the past ten years in Deerfield, IL. My wife Elizabeth grew up in Deerfield so we are definitely a "hometown" family. Both of my daughters are competitive Figure Skaters and compete on the national level with Teams Elite in the United States Synchronized Figure Skating division. One of my favorite hobbies is playing bass guitar with my buddies in our band at the local pubs occasionally.

Larry 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 1990. My sister was a Processor at a small brokerage and the owner needed more Loan Officer's. Also, my Mom was a real estate agent so all the cards were lining up for me to enter the industry. To me, this one of the best jobs a person can have. The harder and smarter you work the more opportunities present themselves.
Who is your typical customer and what questions do they typically have?
My typical customer is everyone. I do loans for Physicians and then the next call is an Electrician. Most of them ask the same question, "what do you need from me to tell me if I qualify?"
What specific steps do you use to help your customers find the best home loan for them?
It starts with asking them their long-term goals. Do you they plan to live here long? Do they have children? A lot of these questions will help me guide them in the right direction.
How long have you been in the mortgage business? What awards have you won?
25 Years in the business. I have won Top Producer awards consistently since my 3rd or 4th year in the business. I am proud to be a member of Guaranteed Rate's President's Club.
What advice would you give new or first time home buyers?
I would tell them to buy a home that is within their means. After going through the great Recession we all learned that less is more. You will be fine with a home that is a touch smaller or doesn't have a shower in the basement.
What resources could you recommend that borrowers use to learn more about the mortgage process and how to ensure a successful home closing?
The most important resource is partnering with the right Loan Officer. Working with an individual like myself who has an established team is critical.
What provides you with the most satisfaction in your job as a Loan Officer?
Being a Loan Officer allows me to see people reach their dream of having their own home. So often people come to me with a credit issue, or a divorce and they feel they will have to rent for the rest of their life. When I can help them through a tough time and then they have that special day when they close and get the keys to the house it is extremely rewarding for me personally.
Tell us something that makes you unique or something wacky, yet interesting about you?
Not many people know this but I was in a rock band called Rubygrass. We won the Battle of The Bands in 1998 in Chicago and we were on the radio with a song called Fireflies. It was popular for a couple of years and I had the opportunity to perform in front of thousands of people quite often.

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