Guaranteed Rate, Inc. Launches National Relocation ProgramMay 17 2011
Guaranteed Rate, Inc. (GRI), one of the largest and fastest growing independent mortgage lenders in the nation, announces the launch of their national corporate Employee Relocation Program. The program serves corporate employers and their relocating employees nationwide, delivering exceptional concierge service and a team of professionals dedicated to meeting and easing the timelines and demands of relocating executives.
The corporate relocation mortgage industry has changed drastically over the past four years. Federal lending requirements have led to dramatic mortgage underwriting challenges caused by the government spotlight on lending practices and the entire mortgage industry. Despite this and the challenges of the current economy, GRI’s relocation advisors continue to successfully close relocation loans. “GRI’s corporate relocation loan business has steadily increased over the last four quarters,” explained Victor Ciardelli, GRI’s President and CEO. “We saw a need among our valued customers and we wanted to meet it. There was a clear demand for the Employee Relocation Program.” GRI’s high consumer confidence level, resulting from the company’s unprecedented growth and stability, makes the program possible as well. GRI has been listed on Crain’s Chicago Business “Fast Fifty” list of the fastest growing, innovative companies for four consecutive years.
Kathy Marzullo, a member of the Worldwide Employee Relocation Council, has been appointed Director of National Relocation for GRI. She brings over 25 years of experience in the real estate, third party relocation, and corporate relocation mortgage industries. While working for Wells Fargo Home Mortgage and PNC Mortgage, she was responsible for new business development and managed several of the largest U.S. corporate group moves and mergers, including six of the largest gas and oil mergers and one of the largest railway merger group moves in decades. Marzullo highlighted GRI’s credibility and success in the industry. “Guaranteed Rate’s access to over 50 of the top financial institutions in the country, along with a solid infrastructure focused on corporate relocation provides lending solutions for the very special needs of these employees. GRI is well positioned to counsel relocating employees and meet these challenges, gain loan approval, and successfully close their loans.”