Working at Guaranteed Rate | Glassdoor

Guaranteed Rate Overview

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Chicago, IL
5001 to 10000 employees
2000
Company - Private
Lending
$500 million to $1 billion (USD) per year
Competitors

Fairway Independent Mortgage, loanDepot, Caliber Home Loans

[The] Guaranteed Rate Companies, which includes Guaranteed Rate Inc., and Guaranteed Rate Affinity, LLC, has over 5,000 employees in a total of 700 offices across the U.S.—funding nearly $24 billion in 2018 alone. Headquartered in Chicago, Guaranteed Rate Inc. is one ... Read more

Mission: To revolutionize Life’s Biggest Purchase® with the Guaranteed Rate Experience.
We're fanatically committed to:
1) Low-rate, low fee mortgages
2) A simple and easy to understand process
3) Unparalleled ... Read more

Guaranteed Rate Reviews

  • "Great place to be !"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Guaranteed Rate full-time (Less than a year)

    Pros

    Dynamic, engaging and challenging environment. Great timing to be in the mortgage industry that is growing and booming. Lot’s of opportunity to work with amazing people and talent.

    Cons

    Like any other major corporation with 5000+ employees it comes with some red tape and bureaucracy. However, having work in corporate America for 15+ years, I find that when goals are set and communication is clear, lots of great things can be accomplished.

See All 940 Reviews

Guaranteed Rate Photos

Guaranteed Rate photo of: Rooftop Deck
Guaranteed Rate photo of: Guaranteed Rate's Lift off
Guaranteed Rate photo of: Open Floor Plan
Guaranteed Rate photo of: IT Department
Guaranteed Rate photo of: Beginning of Baseball Season
Guaranteed Rate photo of: Roof Top Parties
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Guaranteed Rate Interviews

Experience

Experience
54%
17%
29%

Getting an Interview

Getting an Interview
51%
20%
17%
6
4
1
1

Difficulty

2.2
Average

Difficulty

Hard
Average
Easy
  1.  

    Operations Assistant Interview

    Anonymous Interview Candidate in Minneapolis, MN
    Declined Offer
    Positive Experience
    Average Interview

    Application

    I applied online. The process took 1+ week. I interviewed at Guaranteed Rate (Minneapolis, MN) in July 2020.

    Interview

    Interviewer was open and honest about position and gave great insight to available positions.
    Told me in great detail what would happen next in interview process. I was sent email from HR with instructions . I thought whole process was quick painless and professional

    Interview Questions

    • Can you handle a stressful work environment ?   1 Answer
See All 137 Interviews

Company Updates

  • Guaranteed Rate receives HousingWire's 2020 Tech100 award for its FlashClose technology, which allows borrowers to digitally close on a loan from anywhere with an Internet-connected device.

    2020 HW Tech100 Mortgage winner: Guaranteed Rate - HousingWire

    Guaranteed Rate is leading the industry with unprecedented advances to its eClose technology. FlashClose is Guaranteed Rate's platform that uses secured eSign and online notarization, allowing busy customers the flexibility to close on properties at any time, from anywhere with an Internet-connected device. FlashClose eliminates paperwork and long processes, creating a more convenient, flexible and faster closing.

  • Guaranteed Rate announces its proud partnership with the United Service Organizations (USO) to support veterans and members of the military throughout the home-buying process.

    Guaranteed Rate Supports VA Borrowers through Proud Partnership with the USO

    By Abigail Hart on 2/25/2020 February 25, 2020 (CHICAGO) -- Guaranteed Rate, one of the largest retail lenders in the nation, announces its proud partnership with the United Service Organizations (USO) to ensure veterans and members of the military transitioning out of active duty service receive one-on-one guidance and support from VA loan specialists during every stage of the home-buying process.

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Guaranteed Rate Awards & Accolades

  • Founder and CEO, Victor Ciardelli, honored with the “Entrepreneur of the Year” Award, Ernst & Young, 2012
  • Named one of “Chicago’s Top Workplaces” by the Chicago Tribune, Chicago Tribune, 2014
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