GUARANTEED RATE RECOGNIZED AS ONE OF THE 10 FASTEST GROWING COMPANIES IN ILLINOISJun 3 2013
For the seventh consecutive year, Guaranteed Rate, the eighth largest retail mortgage company in the country, was recognized as one of Illinois’ fastest growing companies by Crain’s Chicago Business, taking the No. 9 spot on the prestigious publication’s annual list.
Driven by five-year revenue growth of 774 percent, the company was one of only three to be included on the Fast Fifty list every year since Crain’s Chicago Business began reporting. The company moved up significantly over its No. 28 position in 2012.
Last year, Guaranteed Rate generated more than $511 million in revenue and funded $14.7 billion in home loans through its more than 160 nationwide offices, by phone and online at GuaranteedRate.com. Started just 13 years ago, the company has grown every year by providing a low-cost, efficient mortgage experience. Rated America’s No. 1 mortgage company by Mortgage Executive Magazine, Guaranteed Rate’s focus on leveraging and developing industry-leading technology allows the company to serve customers, real estate agents and loan officers more efficiently, while continuing to offer the low rate, low fee loan options and exceptional customer service for which they have become known.
“Guaranteed Rate’s growth is the result of our focus on providing more and more value to our customers, loan officers and real estate agent referral partners,” said Victor Ciardelli, president and CEO of Guaranteed Rate. “Through our unique process, industry-leading technology and ability to offer low rate, low fee mortgage options, we’ve been able to provide a better way for customers to get their home loans, and we’re proud to be featured on Crain’s annual list of the fastest growing companies for the seventh year in a row.”
In addition to being one of Crain’s fastest growing companies, Guaranteed Rate was recently recognized by the magazine as one of Illinois’ largest private companies and the one with the biggest increase in revenue growth.