Guaranteed Rate - Built for Builders

A Mortgage Company Built for Builders
Copyright © 2000-2014 Guaranteed Rate. All rights reserved.
Presented By: Tim Balogh, Vice President of Mortgage Lending

About Guaranteed Rate
2 Copyright © 2000-2014 Guaranteed Rate. All rights reserved.

One of the 10 Largest Retail
Mortgage Lenders in the US
• Founded in 2000 by President and CEO Victor Ciardelli
• Licensed in all 50 states and Washington D.C.
• Approximately 170 offices nationwide
• $12.4 billion in 2014 closed loan volume

Industry Leading Customer Service

High Net Promoter Score (NPS)
• NPS is a tool that lets us know how
happy our clients are with our products
and services. And they are very happy.
We exceeded the financial service
industry’s average score by 48 points in
2014, and scored a company best 84
NPS score in the fourth quarter.

Accolades
Inc. Magazine named Guaranteed Rate
the #4 private company job creator in
the U.S. in their 2013 Hire Power Awards,
and #1 ranked job creator in the real estate
category.
Guaranteed Rate has more loan officers
ranked on the Mortgage Executive,
Scotsman Guide and Origination News
“Top Originators” lists than any other
bank or mortgage company.
The Chicago Tribune has named
Guaranteed Rate to its “Top Workplaces”
list four out of the last five years.
Guaranteed Rate was named #1
mortgage company in America by
Mortgage Executive Magazine in 2012.
Additionally, Guaranteed Rate President
and CEO Victor Ciardelli was named
Mortgage Executive Magazine “CEO of
the Year” in 2012 and 2013.
Committed to technology, Guaranteed
Rate received the Built in Chicago Moxie
Award in 2013 for its cutting-edge online
loan application.
Guaranteed Rate ranked #1 in retail
volume on the 2014 “Top Mortgage
Lenders” list in the June 2015 issue
of Scotsman Guide. It is the second
consecutive year that Guaranteed Rate
has received this ranking.

Ty Pennington – Our Spokesperson
• TV host
• Featured on guaranteedrate.com,
Partner Xchange, and in our
national advertising campaign
• National TV commercials
• Scheduled to appear at various
events nationwide

NAHB Show With Ty Pennington

A Mortgage Company Built
for Builders

Your partner for every phase of a transaction from beginning to end
Guidance
for condo
warranty
Real-time
buyer
approvals
More non-
contingent
offers
Local
appraisers
Buyer rate
protection
Loan status
updates
Turn-key
marketing
programs
Fun,
engaging
events

We Help Get Your Condo Projects Warrantable
We will support you in the process…
• In-house condo approval department
• Weekly calls with our in-house experts
• Educational opportunities for your project approval
• New construction condo approval w/Fannie and Freddie
• FHA project approval
• Portfolio product for Non-Warrantable (at the end)
• No presale requirements
• Condo 51% CPM approval/PERS available
• 97% financing available with PMI for SFR and condos (first time buyer)

The World’s First Digital Mortgage!
• Choose their own loan type
• Get their FREE CREDIT SCORES from
all 3 credit bureaus
• Securely upload & digitally sign
their loan documents
• Get a REAL ONLINE APPROVAL with
our automated underwriting engine
In just minutes, your buyers can:
By completing these steps, your clients can earn $250*!
*"Earn $250" is a closing cost credit of $250 (the “Credit”) to be applied at closing and cannot be redeemed for cash. To
qualify for the Credit, applicant(s) must complete the full loan application online, digitally sign application documents
including credit report authorization, and upload required loan documents via applicant’s secure Digital Mortgage account.
Not all applicants, loan amounts or loan types will qualify for the Credit. Borrower subject to credit and underwriting
approval. Not all borrowers will be approved for financing. Receipt of borrower’s application does not represent an approval
for financing or interest rate guarantee. Restrictions may apply, contact Guaranteed Rate for current rates and visit
www.guaranteedrate.com/restrictions.

Your Buyers Can Shop With Confidence and
Certainty
Long-term rate locks up to 12 months
• Secure your buyers in a rising rate environment. Some buyers won’t
qualify at tomorrow’s higher rates
• “Float down” feature if rates do improve
• Available on fixed and ARM products as well as Jumbo*, FHA and
conventional
*Jumbo loans may not have 12 month lock terms available

24/7 Loan Status For You and Your Buyers
With automated email notifications for each step of the process

We Can Help You Close More Deals With More
Financing Options
We can provide options where the Big Banks may fall short
• Over 40 lenders available
• Direct lender to Fannie Mae/Freddie Mac/Ginnie Mae, Fixed & ARM
• 97% financing available with PMI: single family & condominium
(first time buyers)
• Up to 90% CLTV piggyback loans
• Fixed & HELOC available
• State bond programs available

Comprehensive Set of Jumbo Options
• 20+ correspondent lenders available
• 20+ wholesale lenders available
• Non-warrantable condominium options available
• 90% LTV with no monthly MI on SFR/condominium to
$850,000 as 5/1 or 7/1 LIBOR ARM
• 85% LTV with no monthly MI to 1,500,000 as 30 year fixed
• 80% LTV to $2,500,000
• 70% LTV to $3,000,000
• In-house delegation to $3,000,000
• 50% DTI
• Foreign national programs
• ARM interest only available

Stronger Contracts and Fewer Contingent Offers
Expanded guidelines for more non-contingent contracts
• Expanded debt-to-income ratio
• 5/1 ARM qualifies at note rate (not the fully indexed rate)
• No equity requirement on departing residence to utilize rental income
• Example:
– New home purchase: $500k
– New home loan amount: $400k
– Equity in vacating home: 0%
– Rental income on vacating residence: $2,000/mo.
– Borrower DTI with both properties:
• As with big bank 52%
• As with Guaranteed Rate 45%
Big bank: declined
Guaranteed Rate: APPROVED

Builder Partners Receive a Pre-Approval Up Front
Your buyers are fully pre-approved from the start
• Full loan pre-approval issued, NOT a pre-qualification
• Appraisal ordered at the time of application
• Regular loan status reports on all transactions with GR

We Help You Eliminate Buyer Fall-Out
We look for “landmines” at application with our 10-point checklist
1. Review and source all earnest money
2. Review and source all large deposits
3. Discuss the pitfalls of taking on additional debt during
construction
4. Discuss how a job change can impact approval during
construction
5. Discuss how title is to be held at the time of close
6. Review power of attorney options/needs for close
7. Detailed credit report review (short sales, credit disputes,
inaccurate data)
8. Notification that an additional credit report to be pulled prior
to close
9. Notify lender of all upgrades at least 10 days prior to close
10. Discuss any possible seasonal work that won’t be completed

We Work With Local Appraisers Who Know
Your Market
Dedicated panel of local appraisers who are experts in your area/market
Note: Select Jumbo investors may require third-party appraisal management company

Marketing Benefits

We Can Make Your Website More Useful
Easy to Plug-in Widgets – No cost
Logos and Widgets
GR lender logo and widgets available for
integration onto your website. Our team is
available to assist with placement and copy.
• GR lender logo
• Widgets
• Mortgage landing page

We Help Educate Your Buyers with Informative
e-books
Available to download with one click
Demystifying the Mortgage Process
• Great for first time homebuyers or
folks who might need a refresher
• Jargon-free, easy-to-understand 28-
page e-book
Appraisals Explained
• Outlines the impact of a home
appraisal
• Provides client with the knowledge
to easily review appraisal report

We Execute Proven Joint Marketing Campaigns
with Our Builder Partners
Postcards
• Just Listed and Just Sold Postcards
• Other neighborhood postcards
• Targeted mailings/prospecting
• Client retention – mailings to current clients

We Create Client Marketing Materials That Help
You Close More Deals
Brochure stand with bi-fold brochures
Flyers for buyer packets

We Organize Fun and Engaging Events
Get foot traffic to the models and developments
Increase Visibility
Builders can work with their Guaranteed Rate loan officer to sponsor catering
and provide marketing materials for model homes and open houses, first time
homebuyer seminars, client appreciation and professional networking events.
• Decorating Class for your new home
• Homebuyer Seminar with expert panel
• Family Photo Shoot
• Open Houses/Home Tours
• Social Media and iPad Trainings
• Block Parties

Guaranteed Rate:
Tim Balogh
Vice President of Mortgage Lending
P: 615.203.0212
C: 423.280.9585
Timothy.balogh@guaranteedrate.com
www.guaranteedrate.com/timothybalogh
NMLS ID:897427 TN, GA - 031.0031314 MB.0005932
NMLS ID #2611, (Nationwide Mortgage Licensing System www.nmlsconsumeraccess.org) • AL - Lic# 21566 • AK - Lic#AK2611 • AR - Lic#103947 - Guaranteed Rate, Inc. 3940 N Ravenswood, Chicago IL
60613 866-934-7283 • AZ - Guaranteed Rate, Inc. - 14811 N. Kierland Blvd., Ste. 100, Scottsdale, AZ, 85254 Mortgage Banker License # BK-0907078 • CA - Licensed by the Department of Business
Oversight, Division of Corporations under the California Residential Mortgage Lending Act Lic #4130699 • CO - Guaranteed Rate, Inc. Regulated by the Division of Real Estate, 773-290-0505 • CT - Lic
#17196 • DE - Lic # 9436 • DC - Lic #MLB 2611 • FL - Lic# MLD1102 • GA - Residential Mortgage Licensee #20973 - 3940 N. Ravenswood Ave., Chicago, IL 60613 • HI - Lic#HI-2611 • ID - Guaranteed Rate,
Inc. Lic #MBL-5827 • IL - Residential Mortgage Licensee - IDFPR, 122 South Michigan Avenue, Suite 1900, Chicago, Illinois, 60603, 312-793-3000, 3940 N. Ravenswood Ave., Chicago, IL 60613
#MB.0005932 • IN - Lic #11060 & #10332 • IA - Lic #2005-0132 • KS - Licensed Mortgage Company - Guaranteed Rate, Inc. - License #MC.0001530 • KY - Mortgage Company Lic #MC20335 • LA - Lic
#2866 • ME - Lic #SLM11302 • MD - Lic #13181 • MA - Guaranteed Rate, Inc. - Mortgage Lender & Mortgage Broker License MC 2611 • MI - Lic #FR0018846 & SR0018847 • MN - Lic #MN-MO 20526478 • MS
- Guaranteed Rate, Inc. 3940 N. Ravenswood Ave., Chicago, IL 60613 - Mississippi Licensed Mortgage Company, Lic # 2611 • MO - Guaranteed Rate Lic # 12-1744-A • MT - Lic# 2611 • Licensed in NJ:
Licensed Mortgage Banker - NJ Department of Banking & Insurance • NE - Lic #1811 • NV - Lic #3162 & 3161 • NH - Guaranteed Rate, Inc. dba Guaranteed Rate of Delaware, licensed by the New
Hampshire Banking Department - Lic # 13931-MB • NM - Lic #01995 • NY - Licensed Mortgage Banker - NYS Department of Financial Services- 3940 N Ravenswood, Chicago, IL 60613 Lic # B500887• NC -
Lic #L-109803 • ND - Lic #MB101818 • OH - Lic #MB0804160.000 & Lic #SM.501367.000 - 3940 N. Ravenswood Ave., Chicago, IL 60613 • OK - Lic # MB001713 • OR - Lic #ML-3836 - 3940 N. Ravenswood
Ave., Chicago, IL 60613 • PA - Licensed by the Pennsylvania Department of Banking and Securities Lic #20371 • RI - Rhode Island Licensed Lender Lic # 20102682LL, RI - Rhode Island Licensed Loan
Broker Lic # 20102681LB • SC - Lic #-MLS - 2611 • SD - Lic# ML.04997 • TN - Lic #109179 • TX - Lic # 50426 & Lic # 47207 • UT - Lic #7495184 • VT - Lic #2611-1 & 0930 MB • VA - Guaranteed Rate, Inc. -
Licensed by Virginia State Corporation Commission, License # MC-3769 • WA - Lic #CL-2611 • WI - Lic #27394BA & 2611BR • WV - Lic #ML-30469 & MB-30098 • WY - Lic#2247

Guaranteed Rate - Built for Builders

Recommended

Recommended

More Related Content

What's hot

What's hot (18)

Similar to Guaranteed Rate - Built for Builders

Similar to Guaranteed Rate - Built for Builders (20)

Recently uploaded

Recently uploaded (20)

Guaranteed Rate - Built for Builders

Editor's Notes