BOSTON, Sept. 17, 2020 /PRNewswire/ -- Guaranteed Rate,
one of the largest retail mortgage lenders in the country, is proud
to announce that Shant Banosian, of
Boston, Mass., is the company's
first loan officer to fund $1 billion
in loan volume in a single year.
"What Shant's done is completely amazing. He's
determined, gritty and relentlessly positive," said Guaranteed
Rate's President and Chief Executive Officer Victor Ciardelli. "But he's also a great
Dad, husband, and community leader. He hasn't sacrificed
one thing for another. He's always had big dreams and belief
he could accomplish every single one."
With more than a decade of mortgage industry experience,
Banosian holds an impressive career volume of over $4 billion in funded loans and has ranked as the
#1 Loan Originator in the U.S. by Scotsman Guide in 2018 and
2019. For five years running, Shant has also been Guaranteed Rate's
#1 Loan Officer nationwide and has
been the top producer in Massachusetts consistently since 2013,
according to Banker and Tradesman.
"Reaching this incredible milestone is a reflection of all the
hard work and dedication my team and our partners have poured into
serving our clients over the past decade," said Banosian, who holds
a 95% client satisfaction rate. "We pride ourselves on not only
being the best in the business, but also providing the best
possible service to our wide-range of clients throughout the
country. I look forward to continuing to reach new milestones as we
help clients achieve their American Dream of homeownership."
A Massachusetts native,
Banosian graduated from Bentley University, where he met his wife,
Kara. They currently reside in Belmont,
Mass., with their three daughters. Banosian credits his
amazing team, adding that "surrounding yourself with the right
people and working together to accomplish big goals is a lot of
fun."
He also credits his parents for their support and instilling in
him work ethic, confidence, character and strong core values.
Banosian is heavily involved in charitable events in his community,
consistently fundraising for the Greater Boston Food Bank and
participating in the St. Jude Children's Research Hospital
Walk/Run. This year, he is seeking to raise $50,000 for the organization's virtual event.
Banosian is also involved in the Guaranteed Rate Foundation, which
has granted more than $4 million to
individuals and families in need.
Along with the achievements of Banosian's team, Guaranteed Rate
Companies is having a record-setting year. In the first half of
2020, the company funded double the total loan volume compared to
the same time last year. In August alone, the company locked
$12 billion in loan volume, breaking
its record for total locked volume in a single month.
About the Guaranteed Rate Companies
The Guaranteed Rate Companies, which includes Guaranteed Rate
Inc., and Guaranteed Rate Affinity, LLC, has over 6,000 employees
in a total of 700 offices across the U.S. and funded $37 billion in 2019. Headquartered in
Chicago, Guaranteed Rate Inc. is
one of the largest retail mortgage lenders in the United States. Founded in 2000 and
licensed in all 50 states and Washington,
D.C., it has helped homeowners nationwide with home purchase
loans and refinances. The company has established itself as an
industry leader by introducing innovative technology, offering low
rates and delivering unparalleled customer service. 2017 marked the
launch of Guaranteed Rate Affinity, LLC, a mortgage origination
joint venture between Guaranteed Rate, Inc. and Realogy Holdings
Corp. (NYSE: RLGY), a global leader in residential real estate
franchising and brokerage. Collectively, the companies have earned
honors and awards including: HousingWire's 2020 Tech100
award for the company's industry-leading
FlashClose SM technology; Top Lender for
Online Service for 2018 by U.S. News & World Report; No.
3 ranking in Scotsman Guide's Top Retail Mortgage Lenders
2019; Top Lender 2016, 2017 and 2018 by Chicago Agent
Magazine; Chicago Tribune's Top Workplaces list for
seven consecutive years; and Best Online Mortgage Lender, Best
Mortgage Lender for VA loans and Best Conventional Mortgage Lender
by NerdWallet in 2019. Visit rate.com for more
information.
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SOURCE Guaranteed Rate