Rate | |
Company type | Private |
Industry | Mortgage |
Founded | 2000 |
Founder | Victor Ciardelli (CEO & chairman) |
Headquarters | , United States |
Number of locations | 850 (Apr. 2021)[1] |
Products | Mortgage |
Number of employees | 5,500 (Apr. 2024)[1] |
Website | www.rate.com |
Guaranteed Rate Companies, doing business as Rate, is a U.S. residential mortgage company headquartered in Chicago, Illinois.[2] Founded in 2000 by Victor Ciardelli, the company had $55 billion in funded volume in 2022, down 25% since 2020.[3] As of 2021, the company had more than 10,000 employees and more than 850 offices nationwide with locations in 50 states.[3][4][1] As of 2024, the company has shrunk to fewer than 5,500 employees.[5]