Guaranteed Rate hires new SVP of consumer direct sales

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The company also has an average sale price of USD 250k, contributing to sales growing 195 percent in the first half of the fiscal year as it approaches USD 100m run-rate. several new executive.

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From August 8th to the end of the quarter we realized proceeds of 67 million primarily from additional sales of MSR’s and related advances and the closing of two phh home loans, asset sales with.

From Consumer Direct Loan Officer and Producing Sales Manager to VP of Mortgage Lending and Online Division Manager, Mike enjoyed success as a President’s Club producer and helped grow the company’s Online Division from a startup to an annual funded loan volume of over $300 million-and it’s still growing today.

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Guaranteed Rate Inc. is a U.S. residential mortgage company headquartered in Chicago, Illinois.Founded in 2000 by Victor Ciardelli, the company was the sixth-largest mortgage lender in 2017 with $19.2 billion in funded volume. As of 2018, the company has approximately 3,500 employees and more than 300 offices nationwide, and has licenses in 50 states.

Vice President of Mortgage Lending – Direct Division salaries at Guaranteed Rate can range from $26,332-$246,864. This estimate is based upon 2 Guaranteed Rate Vice President of Mortgage Lending – Direct Division salary report(s) provided by employees or estimated based upon statistical methods.