Under the leadership of Victor Ciardelli, Guaranteed Rate has been the undisputed technology leader in the mortgage industry. The company’s online loan application, winner of the 2013 Built in Chicago Moxie Award for “Best Corporate Digital Innovation,” allows customers to receive approval for a home loan in as little as 15 minutes, rather than the days or even weeks it used to take.
The first-of-its-kind online process gives customers control and transparency over their home loan by enabling submission of a secure application, immediate access to their credit scores and automated underwriting, all of which allows for a faster and easier approval for home buyers. More than $2.2 billion in loans have been funded through the Guaranteed Rate online application to date.
And Ciardelli’s commitment to technology doesn’t stop there. The company continues to develop technology solutions that streamline and simplify the process for borrowers, loan officers, and realtors alike, and bring the industry closer to his goal: the first fully-digital mortgage.