Shant Banosian Guaranteed Rate Crosses $ 2 Billion Total Loan Volume | Illinois
CHICAGO, Nov. 24, 2021 / PRNewswire / – Guaranteed rate, a leader in retail mortgages and digital financial services, is proud to announce that Shant Banosian financed a total loan volume of $ 2 billion in a record year. In doing so, he becomes the first loan originator in the business to reach this milestone.
“Shant is a testament to the core values on which his team lives; always learning, doing whatever it takes, caring about people and winning as a team, ”said Rate Guarantee President and CEO. Victor Ciardelli.
Banosian, the country’s leading loan issuer in 2020 according to Mortgage Executives Magazine, made securities in June when he broke his own record, funding $ 1 billion three months faster than last year.
Based in Massachusetts and licensed to hail from all 50 states, Banosian has funded an impressive total career volume of over $ 7 billion. Member of the prestigious 2021 Global 100 mortgage, he was also recognized as one of the top 5 loan originators in the United States by Scotsman Guide for six years, including two consecutive years at the top. He’s also the Best Guaranteed Rate Loan Officer and Massachusetts Top Producer since 2013.
“The big difference between this year and last year is our hyper-focus on closing quickly using our technology platform to make the customer experience even better,” said Banosian. “By putting our clients and real estate partners on the buying side in a position to win, we are able to serve more buyers in this very competitive market.”
Originally from Massachusetts, Banosian graduated from Bentley University, where he met his wife, Kara. They currently live in Belmont, Mass., With their three daughters. He actively participates in charity events throughout his community, regularly raising funds for the Greater Boston Food Bank; leading one of the top five fundraising teams in the country for St. Jude Children’s Research Hospital; and remain actively involved in the Guaranteed rate foundation, a 501 (c) (3) organization that has provided more than $ 6 million directly to more than 1,500 people in need.
About guaranteed rate companies:
Guaranteed rate companies include Guaranteed Rate, Inc., one of the top 5 retail mortgage lenders in the United States, Guaranteed Rate Affinity, LLC and Proper Rate, LLC. The Chicago-based guaranteed rate companies together funded more than $ 73 billion in 2020 and have more than 10,000 employees in more than 850 offices across the United States. Founded in 2000 and located in all 50 states and Washington, DC, the Guaranteed Rate has helped homeowners across the country with home purchase loans and refinances. The company has established itself as an industry leader by introducing innovative technology, offering low prices and providing unparalleled customer service. In 2017, the company launched Guaranteed Rate Affinity, LLC, a mortgage origination joint venture between Guaranteed Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY), a world leader in franchising and residential real estate brokerage. In 2020, the company launched Proper Rate, LLC, a mortgage origination joint venture between Guaranteed Rate, Inc. and @properties, one of the nation’s largest residential brokerage firms. Collectively, the guaranteed rate companies have won numerous honors and awards, including: Forbes Advisor’s Top 10 Mortgage Lenders for 2021; Best Mortgage Lender for Online Loans and Best Mortgage Lender for Refinancing by NerdWallet for 2021; 2018 Best Lender for Online Service by US News & World Report; HousingWire’s 2020 Tech100 Award for the company’s industry-leading FlashCloseSM technology; # 3 in The Scotsman Guide’s 2021 list of the best retail mortgage lenders; Chicago Agent Magazine’s Lender of the Year for six consecutive years; and the Chicago Tribune’s list of the best places to work for seven consecutive years. Visit rate.com for more information.
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