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Guaranteed Rate, @properties Join Forces for New Mortgage Lender

Independent mortgage retail company Guaranteed Rate and residential brokerage firm @properties have announced a new joint venture, Proper Rate. So reports Crain’s Chicago Business.

!--more-->Scheduled for an early 2020 launch, Proper Rate will offer its services mainly to home buyers working with @properties’ 2,800 agents, @properties co-founder Michael Golden told Crain’s.

Guaranteed Rate founder and CEO Victor Ciardell will head the Chicago-based joint venture, which Golden described as a “boutique” lender that will hire 20 to 30 loan officers.

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