Rate Expands California Presence, Naming Top Producer Dianne Crosby Area Manager
March 23, 2021 (OAKLAND, Calif.) – Rate, one of the top 5 largest retail mortgage lenders in the country, announces the expansion of its offices in Northern California, naming one of the country’s top-producing loan originators, Dianne Crosby, as Area Manager.
“Our growth in Northern California has been truly impressive,” said Rate Regional Manager Ryan Ogata. In 2020, he oversaw more than $4.3 billion in total loan volume in the region, with more than triple the number of loan officers funding over $100 million than the previous year.
“Dianne has been a real catalyst for increasing our business. The region at large has quadrupled its loan volume in the last four years,” he said. “She has a long-standing history of building tremendous relationships with customers and partners in the area, and we are excited to see her continue to share her ‘Think Big’ mentality with others on her team.”
Rate has operated in California since 2005, offering consumers an end-to-end online mortgage platform with a 96% customer service rating, according to 2019 client surveys. The new office, located on Mountain Blvd. in Montclair, along with the existing Berkeley office, expands the company’s current origination team in Northern California to drive more loan volume throughout the area, which is one of Rate’s largest markets.
Crosby, who has worked in the mortgage industry for two decades, joined Rate in 2015 and plans to use her exceptional leadership skills to mentor other mortgage professionals to advance their careers. Her expertise at building and managing teams has propelled her to become one of the highest producers in the country and the company.
“I am thrilled to be part of Rate’s growth in the Bay Area,” said Crosby, who ranked as one of the country’s top 50 loan officers in 2019 according to Scotsman Guide. “Rate truly has the best of the best, from its loan processors and originators to its leadership and technology. Working with the company and being a part of its growth in California has been the highlight of my career, and I look forward to continuing to support other originators in serving the state’s diverse and growing community of borrowers.”
One of those originators is Robert Spinosa, who joined Rate’s Northern California team in 2018. He is now one of the region’s top loan officers and credits Ogata’s and Crosby’s leadership with helping him cross the $100-million threshold just one year after joining the company.
“Working with Ryan and Dianne has propelled my business and helped me grow as a mortgage professional,” said Spinosa. “The environment and culture to succeed is contagious. Having the support of Rate’s leadership and platform enabled me to have my most successful year in 2020.”
Recently named by U.S. News and World Report as the “Top Lender for Online Services,” Rate reported funding nearly $73 billion in loan volume in 2020. The company offers conventional, FHA, VA, USDA, jumbo loans and ARMs.
Since 2000, Rate has built a foundation of delivering competitive pricing and unmatched expertise from its top-producing loan officers, helping thousands of customers move into their dream homes. The company introduced the world’s first digital mortgage, creating an easy-to-understand, transparent loan process, which has led to an industry-leading customer satisfaction rating and exponential growth.
For more information about joining this growing team, visit rate.com/careers.
About Rate Companies
The Rate Companies, which includes Rate, Inc., Guaranteed Rate Affinity, LLC, and Proper Rate, LLC, has over 10,000 employees in more than 850 offices across the United States. Headquartered in Chicago, Rate Companies is one of the largest retail mortgage lenders in the United States, funding over $73 billion in 2020. Founded in 2000 and licensed in all 50 states and Washington, D.C., Rate, Inc. has helped homeowners nationwide with home purchase loans and refinances. The company has established itself as an industry leader by introducing innovative technology, offering low rates and delivering unparalleled customer service. 2017 marked the launch of Guaranteed Rate Affinity, LLC, a mortgage origination joint venture between Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY), a global leader in residential real estate franchising and brokerage. In 2020, the company launched Proper Rate, LLC, a mortgage origination joint venture between Rate, Inc. and @properties, one of the nation's largest residential brokerage firms. Collectively, the Rate Companies have earned honors and awards including: Top Lender for Online Service for 2018 by U.S. News & World Report; Best Mortgage Lender for Online Loans and Best Mortgage Lender for Refinancing by NerdWallet for 2021; HousingWire’s 2020 Tech100 award for the company’s industry-leading FlashClose SM technology; No. 3 ranking in Scotsman Guide's Top Retail Mortgage Lenders 2019; Chicago Agent Magazine’s