SOURCE: Guaranteed Rate Inc.

Guaranteed Rate Inc.

August 13, 2013 07:00 ET

Guaranteed Rate Named Finalist for Chicagoland Entrepreneurial Center's Merrick Momentum Award

CHICAGO, IL--(Marketwired - August 13, 2013) - Guaranteed Rate, the eighth largest retail mortgage company in the country, has been named one of the four finalists for the Chicagoland Entrepreneurial Center's Merrick Momentum Award for 2013. For the past six years, the CEC has recognized top entrepreneurs who have demonstrated success since their company's inception and are poised for continued growth. Named after the venture and private equity firm, Merrick Ventures, the award is given to the entrepreneurs who "have traversed the hard path between burgeoning startup and established enterprise." The winner will be announced at the CEC's Momentum Awards Dinner on October 2, 2013. Other finalists include BrightTag, Cleversafe and SMS Assist.

Founded in 2000, Guaranteed Rate services customers in more than 165 offices in all 50 states, online at and over the phone. Last year, the company generated more than $500 million in revenue and funded $14.7 billion in home loans.

"We've built Guaranteed Rate by staying focused on serving our customers, giving our loan officers the best products and support and providing our referral partners with tools and content to enable them to do more business," said Victor Ciardelli, president and CEO of Guaranteed Rate. "This recipe has allowed us to grow our business every year since our founding, and we're proud to be nominated as a finalist for the Merrick Momentum Award."

In addition to being named a finalist for the Merrick Momentum Award, Guaranteed Rate recently won a Built In Chicago Moxie Award for the Best Corporate Digital Innovation for its online mortgage application.

About Guaranteed Rate

Guaranteed Rate is the eighth largest retail mortgage company in the U.S. and is Revolutionizing Life's Biggest Purchase™ by offering industry-leading self-service tools, low rate, low fee mortgages through an easy-to-understand process and unparalleled customer service. Headquartered in Chicago with more than 165 offices and licensed in all 50 states, Guaranteed Rate has helped hundreds of thousands of people with more than $50 billion in home purchase loans and refinances since 2000. Guaranteed Rate was recently named the No. 1 mortgage company in America by Mortgage Executive Magazine and recognized by Inc. magazine as a top U.S. job creator. Visit for more information.

About the Chicagoland Entrepreneurial Center

The Chicagoland Entrepreneurial Center (CEC) is a non-profit organization that supports entrepreneurs on their path to building high-growth, sustainable businesses that serve as platforms for economic development and civic leadership. Its flagship project, 1871, fulfills CEC's vision of a central address for entrepreneurs in Chicago. CEC runs and operates the workspace, develops programming, organizes events and ensures that the culture of 1871 allows entrepreneurs the greatest opportunity for success.

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