Mountain Crest Mortgage Joins Guaranteed Rate, Inc.

DENVER, May 3, 2011 /PRNewswire/ -- Denver based Mountain Crest Mortgage, Inc. announced it will be joining Guaranteed Rate, Inc., America's fastest growing mortgage lender.  Mountain Crest has built an excellent reputation over its 15 year history, ranking as one of the largest mortgage companies in the Denver area and winner of the Denver/Boulder BBB Torch Award in 2009 and CEBA business ethics award in 2010.  

Mountain Crest funded $280 million in residential mortgages in Colorado during 2010.  Their addition to Guaranteed Rate will create the preeminent mortgage lender in the country.  Guaranteed Rate funded over $6.9 billion in loans last year and offers a wide range of loan products and the most competitive rates through its direct access to the top lending institutions in the country. The company also has in-house underwriting and closing departments, maintaining complete control over each transaction and giving them faster turn times and better customer service—a critical advantage in today's market. "Guaranteed Rate has the optimal products, people and platform to compete and excel in today's demanding market. We're very pleased to be joining such a strong organization," says Derek Bamonte, President of Mountain Crest Mortgage.

Headquartered in Chicago, Guaranteed Rate is one of the largest independent mortgage lenders in the nation, and is a full service lender, licensed in 43 states with more than 1,100 employees and over 60 offices nationwide.  The company was listed on Crain's Chicago Business "Fast Fifty" list of the fastest growing, innovative companies for four consecutive years.  It has also been on Crain's list of the Largest Privately Held Companies and was voted the number one mortgage lender by Chicago-area Realtors in an independent survey conducted by Chicago Agent Magazine.

Over the course of several years, the company has consistently maintained a 98% customer satisfaction level in all customer service areas, providing clients with the highest quality service with the lowest rates. "Our organizations have developed similar cultures dedicated to excellence and servicing the best interests of our customers," says Victor Ciardelli, President and CEO of Guaranteed Rate.  "We are very excited to bring on the exceptional talent and reputation that Mountain Crest Mortgage offers."

SOURCE Mountain Crest Mortgage, Inc.