20 Billion in loans – Source: Guaranteed Rate’s funded loan data from 2018 reported on 1/15/19
“Digital Mortgage” means electronic completion of the following: loan application, upload of loan documents, request of the appraisal and automated underwriting decision. It does not include Guaranteed Rate’s review of loan documents or the loan closing process. Automated loan approvals are subject to Guaranteed Rate review and approval of all required loan documentation and does not represent an interest rate guarantee.
“Choose your own loan type & rate” means applicants must select from available loan types and interest rates based upon loan features and applicant eligibility.
“Free credit scores” means if Applicant self-reports credit score as “needs improvement,” Guaranteed Rate will not run credit or provide free credit scores via the Digital Mortgage. Applicant may request credit scores by contacting Guaranteed Rate.
“Securely upload and digitally sign your loan documents” is based upon the loan type selected and some loan documents may require a wet signature.
“Real Approval” means an automated underwriting system approval based upon credit information supplied by applicant and subject to Guaranteed Rate’s review of loan documents. Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact Guaranteed Rate for current rates and visit https://www.rate.com/restrictions for more information.
Guaranteed Rate Inc., offers mortgage lending services to customers of Byline Bank. If you apply for a mortgage loan with and/or obtain a mortgage loan from Guaranteed Rate, Guaranteed Rate is your mortgage lender. The Guaranteed Rate Loan Officer who takes your loan application is your Loan Officer. Byline Bank is NOT your mortgage lender. Any discussions you have pertaining to loan terms, rates, negotiation thereof, or any other loan scenarios should be discussed directly with your Guaranteed Rate Loan Officer and not with any representative, employee, or other individual acting on behalf of Byline Bank. Guaranteed Rate has no affiliation with Byline Bank. Guaranteed Rate is not giving or receiving any compensation of any kind to or from Byline Bank regarding your potential or actual mortgage application and/or loan. You are not required to use Guaranteed Rate for your mortgage needs. All of Guaranteed Rate’s Loan Officers are registered with the Nationwide Mortgage Licensing System and are duly authorized to originate mortgage loans.
Guaranteed Rate Inc., Equal Housing Lender, is not affiliated with Byline Bank, Member FDIC, Equal Housing Lender.