Guaranteed Rate’s Shant Banosian breaks $ 2 billion total lending | Illinois

CHICAGO, Nov. 24, 2021 / PRNewswire / – Guaranteed Rate, a leading provider of residential mortgage loans and digital financial services, proudly announces that Shant Banosian has funded $ 2 billion in total in a record year. He is the company’s first lender to reach this milestone.

“Shant is testament to the core values ​​his team lives by: constant learning, doing whatever it takes, caring for people, and winning as a team,” said Victor Ciardelli, President and CEO of Guaranteed Rate.

Banosian, the nation’s leading 2020 lender according to Mortgage Executive Magazine, made headlines in June when it broke its own record and funded $ 1 billion three months faster than last year.

Based in Massachusetts and licensed for all 50 states, Banosian has funded an impressive total career volume of over $ 7 billion. As a member of the prestigious 2021 Mortgage Global 100, he was recognized by the Scotsman Guide as one of the top 5 lenders in the US for six years, including number one for two years in a row. Since 2013, he has also been Guaranteed Rate’s Top Loan Officer and the top producer in Massachusetts.

“The big difference between this year and last is that we are very focused on closing fast by leveraging our technology platform to make the customer experience even better,” said Banosian. “By enabling our buy-side customers and real estate partners to thrive, we can serve more homebuyers in this highly competitive market.”

Banosian is from Massachusetts and graduated from Bentley University where he met his wife Kara. They currently live in Belmont, Massachusetts with their three daughters. He is an active participant in charity events throughout his community and is a regular fundraiser for the Greater Boston Food Bank; Led one of the top five fundraising teams in the country for St. Jude Children’s Research Hospital; and active involvement with the Guaranteed Rate Foundation, a 501 (c) (3) organization that has donated more than $ 6 million directly to more than 1,500 people in need.

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Guaranteed Rate Companies include Guaranteed Rate, Inc., one of the top 5 mortgage lenders in the United States, Guaranteed Rate Affinity, LLC and Proper Rate, LLC. Headquartered in Chicago, Guaranteed Rate Companies collectively funded over $ 73 billion in 2020 and employs more than 10,000 people in over 850 offices across the United States. Founded in 2000 and based in all 50 states and Washington, DC, Guaranteed Rate has helped homeowners across the country find home finance and refinancing. The company has established itself as an industry leader by adopting innovative technologies, offering low prices, and providing unparalleled customer service. In 2017, Guaranteed Rate Affinity, LLC formed a mortgage loan joint venture between Guaranteed Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY), a leading global provider of residential real estate franchising and brokerage. In 2020, the company formed Proper Rate, LLC, a mortgage lending joint venture between Guaranteed Rate, Inc. and @properties, one of the largest real estate brokerage companies in the country. Together, the Guaranteed Rate Firms have received numerous honors and awards including: Forbes Advisors Top 10 Mortgage Lenders for 2021; Best Mortgage Lender for Online Loans and Best Mortgage Lender for Refinance by NerdWallet in 2021; US News & World Report Top Lenders for Online Services in 2018; HousingWire the 2020 Tech100 Award for the company’s industry-leading FlashCloseSM technology; # 3 on the Scotsman Guide’s 2021 List of Top Retail Mortgage Lenders; Chicago Agent Magazine Lender of the Year for six consecutive years; and the Chicago Tribune’s Top Workplaces list for seven consecutive years. Visit for more information.

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