Guaranteed Rate Expands Nationwide Initiative to Transform the Home Lending Experience for Underserved Communities
CHICAGO, May 13, 2024 /PRNewswire/ -- Guaranteed Rate, the second largest retail mortgage lender in the country, announces the next wave of expansion of its Community Engagement Initiative, designed to significantly improve funded volume in underserved communities nationwide. May 2024 marks the formal launch of phase two of this initiative, as the company has recorded rapid progress in its community work with diverse segments.
- Since the initiative's inception in 2023, Guaranteed Rate has demonstrated substantial progress in increasing diversity within its national workforce and among its clientele.
- "We have made significant strides in opening up home lending and ownership for underserved communities, but our work is far from finished," said Camilo Escalante, Executive Director of Diverse Segments at Guaranteed Rate.
- "In the IMB space, Guaranteed Rate, as a leader and enabler of change, continues to push for the industry to do better to reach and educate underserved communities," said Arlyn Kalinski, SVP Fair & Equitable Lending Strategies for Guaranteed Rate.
- For more information about Guaranteed Rate's Community Engagement Initiative and work with diverse segments, please visit the company's Community Engagement page or email [email protected] .