Rate was founded 25 years ago with a mission to provide unmatched value to customers in the mortgage and banking industry. By focusing on low rates, cutting-edge technology, transparency, and excellent service, Rate has worked to transform the mortgage experience into one that is quick, easy, and customer-focused. These core principles have driven the company to continually innovate and elevate the standard of service in the industry.

Beyond serving customers, Rate is equally committed to its employees and referral partners. The company has built a positive, growth-oriented culture and developed advanced systems to streamline the mortgage process for everyone involved. This dual commitment has fueled impressive milestones from becoming Chicago’s largest independent mortgage lender within three years to funding over $35 billion in loans in 2023. Rate continues to grow with a purpose: helping people achieve homeownership and build brighter futures.