Guaranteed Rate Teams with @properties to Launch Proper Rate

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Guaranteed Rate, a nationwide online mortgage lender, and @properties, one of the nation’s largest residential brokerage firms, have teamed up to launch Proper Rate, which “aims to deliver a high-end, customer-focused retail mortgage lending experience.”

The new joint venture, which is scheduled to launch early in 2020, will be available in select markets around the country.

“This is a unique opportunity for us to accelerate growth by working together with one of our most trusted and best-in-class business partners,” says Victor Ciardelli, founder and CEO of Guaranteed Rate, in a release. “@properties has a proven track record of creative innovation, seamless operations and strong brand loyalty. We are very much looking forward to introducing Proper Rate to homebuyers in select markets across the U.S.”

“We have a vision for an independent mortgage company built around relationships between borrowers, real estate agents, loan originators and other key stakeholders in the real estate transaction,” adds @properties co-founder and co-CEO Thad Wong.

Proper Rate’s loan origination platform will feature a complete digital mortgage, an easy-to-understand, transparent loan process with competitive pricing and unmatched expertise from top-producing loan officers, the company says.

“Proper Rate will allow us to more seamlessly integrate the entire real estate transaction, from brokerage to mortgage financing to title and closing services, resulting in a better experience for the consumer and increased value for the real estate agent and loan originator managing the transaction,” says @properties co-founder and co-CEO Mike Golden.

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