Rate Partners with NAHREP to Advance Hispanic Homeownership
Retail mortgage leader forms bond to further diversity, equity and inclusion initiatives
April 20, 2021 (CHICAGO) – Rate, one of America’s top 5 retail mortgage lenders, announces its 2021 corporate partnership with the National Association of Hispanic Real Estate Professionals (NAHREP), a nonprofit 501(c)6 trade association dedicated to advancing sustainable homeownership for America’s Hispanic community.
In its continuing efforts to engage with and serve one of the largest economic forces in the U.S., Rate has become a National Partner of NAHREP and will participate in the organization’s Corporate Boards of Governors (CBOG) at both a national and regional level.
Rate will also work to advise NAHREP on housing policies and will collaborate to identify opportunities and create solutions that better reach and serve the Latinx community.
“Rate is fully invested in finding the best ways to reach and serve all communities, and in particular communities of color,” said Rate’s National Diverse Segments Director Camilo Escalante. “Hispanic homebuyers comprise two-thirds of the nation’s first-time homebuyers, and I’m proud that Rate is partnering with NAHREP to support a diverse and inclusive housing industry and a flourishing homebuying community.”
With a network of 40,000 real estate professionals and 100 local chapters, NAHREP’s network of members and partners is among the largest and fastest growing in the industry.
Rate’s partnership with NAHREP is part of the company’s long-term strategic focus on closing the wealth gap in diverse communities through responsible homeownership.
"NAHREP is proud to partner with Rate to advance Hispanic homeownership in America,” said Gary Acosta, NAHREP Co-Founder & CEO. “Collaborating with one of the country's top mortgage lenders will pave the way for more Latinos to live the American dream of owning their own home.”
Rate Companies, an Equal Opportunity Employer, continues to hire across the U.S., with many open positions in a variety of exciting and rewarding roles. To learn more, please visit rate.com/careers.
About Rate Companies
The Rate Companies, which includes Rate, Inc., Guaranteed Rate Affinity, LLC, and Proper Rate, LLC, has more than 10,000 employees in over 850 offices across the United States. Headquartered in Chicago, Rate Companies is one of the top 5 retail mortgage lenders in the United States, funding over $73 billion in 2020. Founded in 2000 and located in all 50 states and Washington, D.C., Rate 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. In 2017, the company launched 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 numerous honors and awards including: Forbes Advisor’s Top 10 Mortgage Lenders for 2021; Best Mortgage Lender for Online Loans and Best Mortgage Lender for Refinancing by NerdWallet for 2021; 2018 Top Lender for Online Service by U.S. News & World Report; HousingWire’s 2020 Tech100 award for the company’s industry-leading FlashCloseSM technology; No. 3 ranking in Scotsman Guide's Top Retail Mortgage Lenders for 2019; Chicago Agent Magazine’s Lender of the Year for five consecutive years; and Chicago Tribune's Top Workplaces list for seven consecutive years. Visit rate.com for more information.
About NAHREP
The National Association of Hispanic Real Estate Professionals®, a nonprofit 501(c)6 trade association, is dedicated to advancing sustainable homeownership for the Hispanic community in America. NAHREP has a network of over 40,000 real estate professionals and 100 local chapters nationwide.