Guaranteed Rate LO crosses billion-dollar mark

One of the nation's top originators reaches monumental milestone

Guaranteed Rate LO crosses billion-dollar mark

Another Guaranteed Rate loan officer has broken the billion-dollar mark.

In less than a year, Benjamin Cohen has funded $1 billion in total loan volume – spiking from $150 million five years ago. Cohen followed in the footsteps of fellow top originator Shant Banosian, the first Guaranteed Rate loan officer to hit the billion-dollar milestone.

“Reaching this monumental milestone in such a challenging year not only shows the dedication of my team and our referral partners but also demonstrates just how many individuals and families we were able to help,” Cohen said. “I’m incredibly grateful to Guaranteed Rate’s leadership, who invested in me and the technology platform I leveraged to grow my business to where it is today.”

Cohen, whose industry credentials span more than 18 years, currently serves as managing director and senior vice president of mortgage lending at Guaranteed Rate. He was ranked second top originator in America on the Scotsman Guide’s list of Top 2019 Originators. 

Read more: Thirty-one Americans make the Mortgage Global 100 (mpamag.com)

“This is proof that anything is possible if you set your mind to it,” said Guaranteed Rate president and CEO Victor Ciardelli. “Ben and his team set a brilliant example of positivity in action. They’ve always blown us away, but this year’s numbers are simply astounding.”

Guaranteed Rate Companies reported that it has doubled its 2019 loan volume to $73 billion and tripled its gross revenue from $ 1 billion to $3 billion.

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