CHICAGO, Dec. 11, 2020 /PRNewswire/ -- Guaranteed Rate,
one of the largest retail mortgage lenders in the country, is proud
to announce that Managing Director/SVP of Mortgage
Lending Ben Cohen, of
Chicago, Ill., hit a career
milestone by funding $1 billion in
total loan volume in less than a year.
"This is proof that anything is possible if you set your mind to
it," said Guaranteed Rate President and Chief Executive Officer
Victor Ciardelli. "Ben set the
amazing goal of breaking the Billion Dollar mark in a single year,
which is only possible through belief. Ben and his team set a
brilliant example of positivity in action. They've always blown us
away, but this year's numbers are simply astounding."
Cohen has risen to become one of the nation's top loan officers.
In just five years, his annual loan volume skyrocketed from
$150 million to over $1 billion for 2020.
"Reaching this monumental milestone in such a challenging year
not only shows the dedication of my team and our referral
partners, but also demonstrates just how many individuals and
families we were able to help," said Cohen. "I'm incredibly
grateful to Guaranteed Rate's leadership, who invested in me and
the technology platform I leveraged to grow my business to where it
is today."
Cohen said that surrounding himself with the right
people has also allowed him to focus on what he does best –
building lasting relationships with his clients and referral
partners. He added, "I credit a lot of my success to the
invaluable partnership I formed six years ago with my Production
Manager, Mike Dye, who shows up daily with the same level of
passion and ownership that I do to execute and help manage our
business. It simply would not have been possible to
achieve this goal without him or our amazing team."
Cohen, whose extensive client base ranges from first-time
homebuyers, move-up buyers, refinancers, investors and corporate
clients, also participates in employee benefit programs for several
large corporations with offices located across the
country.
He has been recognized among the Top 10 loan originators in the
country by Mortgage Executive Magazine from 2017
through 2019. Most recently, he ranked second in the U.S. on
the Scotsman Guide's list of Top 2019 Originators
and on the National Mortgage News 2019 Top
Producers list, funding $639
million.
Guaranteed Rate Companies, which doubled last year's loan
volume, funding $73 billion and
tripling its gross revenue (from $ 1
billion to $3 billion), is
continuously helping those in need throughout the country through
its "We Grow for Good" Core Value.
"As we grow our business, I will continue to give back and help
make a difference," said Cohen, who lives in the Chicago suburbs with his wife and three
sons.
He highly prioritizes charitable giving to his community
and nationwide—supporting various organizations to help those in
need, including Make-A-Wish ® Foundation, the Jewish United Fund,
Humble Design, the Guaranteed Rate Foundation, community food
drives and other initiatives to help support essential
workers.
About Guaranteed Rate Companies
The Guaranteed Rate Companies, which includes Guaranteed Rate
Inc., Guaranteed Rate Affinity, LLC, and Proper Rate, LLC,
has more than 8,000 employees in over 700 offices across the
U.S. Headquartered in Chicago,
Guaranteed Rate Inc. is one of the largest retail mortgage lenders
in the United States funding
$37 billion in 2019. Founded in
2000 and licensed in all 50 states and Washington, D.C., Guaranteed Rate Companies
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. In 2020, the company launched Proper Rate,
LLC, a mortgage origination joint venture between Guaranteed Rate
and @properties, one of the nation's largest residential
brokerage firms. 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; Chicago Agent Magazine's Lender of the Year for five
consecutive years; 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.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/guaranteed-rate-managing-director-ben-cohen-hits-record-milestone-funds-1-billion-in-a-single-year-301191401.html
SOURCE Guaranteed Rate