Latest news with #VictorCiardelli
Associated Press
03-07-2025
- Automotive
- Associated Press
Rate Gears Up for Hyak Motorsports at Grant Park 165 with Ricky Stenhouse Jr Behind the Wheel
CHICAGO, July 03, 2025 (GLOBE NEWSWIRE) -- Rate, a leading fintech company, is hitting the track this weekend with Hyak Motorsports, sponsoring driver Ricky Stenhouse Jr at the Grant Park 165. As part of the growing Rate Racing initiative, the event marks another high-speed moment where Rate's passion for excellence meets hometown pride. 'I'm excited to light up the streets of Chicago and represent Rate in front of their hometown crowd,' said Ricky Stenhouse Jr. The Grant Park 165 is a key milestone in Rate's broader push to connect with customers through partnerships that mirror its core values: speed, precision, and high performance. The Hyak Motorsports collaboration builds on that foundation, blending the excitement of racing with the company's relentless drive to innovate and compete at the highest level. 'At Rate, we partner with people who play to win. They move fast, take smart risks, and stay locked in on performance,' said Victor Ciardelli, CEO of Rate. 'That's exactly what Ricky Stenhouse Jr and Hyak Motorsports bring to the track. This partnership is built on a shared mindset, whether it's winning a race or helping someone win a home.' All Eyes on Chicago This Weekend This weekend's Chicago Street Race, running July 5–6, brings together top-tier talent, high-performance engineering, and brand-backed momentum. As part of Hyak Motorsports' race advance, fans can expect a dynamic showing from the team, fueled in part by Rate's sponsorship and the driving force of Ricky Stenhouse Jr. With deep experience and leadership from Hyak Motorsports VP of Sales & Marketing Todd Carte, the team is primed for a standout appearance on one of the most iconic road courses in the country. The partnership with Rate not only brings added visibility but also reinforces Hyak's ongoing mission to build strategic alliances that elevate motorsport culture and fan engagement. More information on Hyak Motorsports can be found at Event Overview Event: Grant Park 165 Time/Date: 2 PM ET on Sunday, July 6 Location: Chicago Street Course Layout: 2.2-mile, 12-turn street course Format: 165 miles / 75 laps | Stages: 20 / 45 / 75 TV/Radio: TNT / MRN / SiriusXM NASCAR Radio About Rate Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington, D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans, refinances, and home equity loans. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Recent honors and awards include: a Best Mortgage Lender of 2025 by Fortune; Best Mortgage Lender of 2025 for First-Time Homebuyers by Forbes; a Best Mortgage Lender of 2025 for FHA Loans, Home Equity Loans, and Lower Credit Scores by NerdWallet; Best Mortgage Lender of 2025 for Digital Experience and Down Payment Assistance by Motley Fool; Chicago Agent Magazine's Lender of the Year for seven consecutive years. Visit for more information. About Hyak Hyak Motorsports is a race-winning NASCAR team co-owned by Gordon Smith, Ernie Cope, Mark Hughes, and Brad Daugherty as of Nov. 18, 2023. The Harrisburg, North Carolina-based organization won the 2023 Daytona 500 with driver Ricky Stenhouse Jr and has accumulated two other wins in the NASCAR Cup Series. For more information, please visit the newly rebranded team at and on social at Facebook, Instagram, X and LinkedIn. Media Contact [email protected]
Yahoo
24-06-2025
- Business
- Yahoo
RATE25: Victor Ciardelli and Rate Companies, the #2 retail lender in the country, celebrate 25 years of empowering homeownership with the Launch of Rate25
CHICAGO, June 24, 2025 (GLOBE NEWSWIRE) -- Rate, a leading fintech company, is commemorating 25 years of innovation, growth, and impact with the launch of Rate25. This week-long celebration honors the people, partnerships, and milestones that have propelled the company to help over 2 million customers realize their dreams with more than $300 billion in originated loan volume. Founded in 2000 as a bold startup on Chicago's north side, Rate has grown into one of the nation's top retail mortgage lenders. Rate has spent the past 25 years differentiating itself in the marketplace with low, low prices, cutting-edge technology, unparalleled speed, as well as expert advice and service. At the heart of Rate's success is a mission to Grow for Good and make a meaningful impact on its customers' overall wellbeing, both financial and personal. This commitment comes to life through two key pillars: the Rate Foundation, which supports families and communities in need, and the newly launched Rate Super App, which brings together all of Rate's financial offerings and personal wellness resources in one seamless experience. 'Reaching this milestone is a moment of reflection, pride, and deep gratitude,' said Victor Ciardelli, Founder and CEO of Rate Companies. 'Our success has always been rooted in relationships, those we build with our customers, our employees, our referral partners, and the communities we serve. I'm incredibly proud of how far we've come and even more excited for what lies ahead.' Rate25 will take place the week of June 23rd, bringing employees together across the country to celebrate its journey and future direction. The campaign includes company-wide recognitions, meaningful experiences, and a digital timeline celebrating the people and milestones that have shaped Rate. 'Our team's relentless drive to imagine what's possible and then bring that to life has been the foundation of Rate's success,' added Ciardelli. 'Rate25 is about celebrating how far we've come, while renewing our commitment to where we're going and beyond. Rate is truly building the future of fintech and personal wellness, by putting people first, using technology to empower, and staying grounded in our mission to make a meaningful difference in every life we touch.' About RateRate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Honors and awards include: Top 5 Mortgage Lender by Inside Mortgage Finance for 2024; Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire's Tech100 award for the company's industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine's Lender of the Year for seven consecutive years; and Chicago Tribune's Top Workplaces list for seven straight years. Visit for more information. Media Contact:press@
Yahoo
30-05-2025
- Business
- Yahoo
Fortune Names Rate a ‘Best Mortgage Lender' of 2025
Recent honors from Fortune, NerdWallet, Forbes, and Motley Fool reflect Rate's momentum as a tech-forward, service-first home loan platform CHICAGO, May 30, 2025 (GLOBE NEWSWIRE) -- Rate, a leading fintech company, has been named a 'Best Mortgage Lender' for May 2025 by Fortune, a distinction that highlights the company's customer-first approach, industry-leading technology, and commitment to making homeownership accessible for more Americans. Fortune gave Rate the Best Overall spot for its smooth online mortgage experience, citing its innovative digital tools and impressive array of loan options. With same-day approvals and closings in as little as 10 days, Fortune positions Rate as a strong choice for borrowers seeking an expedited mortgage process. Other leading industry voices are taking notice as well. Forbes recently named Rate the Best Mortgage Lender of 2025 for First-Time Homebuyers, and NerdWallet awarded Rate Best Lender rankings across multiple categories, including FHA Loans, Home Equity Loans, Lower Credit Scores, and more. Motley Fool further recognized Rate as a Best Mortgage Lender of 2025, highlighting the platform's digital experience and down payment assistance. Taken together, these accolades underscore Rate's ability to meet the needs of both first-time homebuyers and seasoned homeowners looking to refinance their present mortgage and/or leverage their equity. With a broad loan portfolio, the nation's top Loan Officers, and unrivaled technology, Rate offers tailored solutions for virtually any borrower, with more ways to say 'yes' built into every part of the process. A standout example is the Rate App, which simplifies financial management by offering mortgage approvals in a day, personal loan applications in five minutes, insurance savings, 24/7 communication with your Loan Officer, and more—all designed to help users achieve their financial goals. This wave of industry recognition is mirrored by the growing interest in Rate from top-performing Loan Officers across the country, many of whom are choosing to join the Rate team. It's a clear sign that Rate has become both a magnet for industry talent and a trusted partner for consumers navigating today's housing market. 'This broad recognition is a result of the work our team puts in every day to make homeownership more cost-effective, simpler, faster, and more attainable,' said Victor Ciardelli, Founder and CEO of Rate. 'We're proud to be building a platform where trust and technology go hand in hand—and grateful to our customers for choosing us.' The accolades add to a growing list of milestones for Rate, including: The launch of Rate Intelligence1, the company's AI-powered mortgage platform The debut of Home Search, giving buyers a unified home shopping and loan experience Surpassing2 10,000 digital mortgage applications in Spanish, underscoring Rate's reach among first-time and diverse homebuyers Rate Insurance being named one of the Top 100 P&C Agencies in the U.S. by Insurance Journal 'For Loan Officers, Rate has become the place where they can truly do their best work,' said Shant Banosian, President of Rate. 'We've built a platform that differentiates LOs from a speed, price, and service perspective so they can grow their business and deliver a superior customer experience.' These accolades cement Rate's leadership as a modern, all-in-one homebuying solution trusted by both new buyers and seasoned homeowners. About Rate Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Honors and awards include: Top 5 Mortgage Lender by Inside Mortgage Finance for 2024; Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire's Tech100 award for the company's industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine's Lender of the Year for seven consecutive years; and Chicago Tribune's Top Workplaces list for seven straight years. Visit for more information. Media Contact:press@ 1 - Rate Intelligence refers to automated documentation verification. Underwriting experts provide final mortgage approvals. 2 - All negotiations and Mortgage Loan Transaction Documents will be conducted and provided in English. We suggest that you work with an interpreter of your choice. You can find more information about the loan process in Spanish at: Operating as Guaranteed Rate, Inc. in New York. Guaranteed Rate, Inc. D/B/A Rate; NMLS #2611 For licensing information visit Subject to Approval. Conditions may apply. Guaranteed Rate, Inc. D/B/A Rate; NMLS #2611; 3940 N Ravenswood, Chicago, IL 60613; 866-934-7283. For licensing information visit Equal Housing Lender. Conditions may apply. • AZ: 14811 N. Kierland Blvd., Ste. 100, Scottsdale, AZ, 85254, Mortgage Banker License #0907078 • CA: Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act • CO: Regulated by the Division of Real Estate • GA: Residential Mortgage Licensee #20973 • MA: Mortgage Lender & Mortgage Broker License #MC2611 • ME: Supervised Lender License #SLM11302 • NH: Licensed by the New Hampshire Banking Department, Lic #13931-MB • NJ: Licensed by the N.J. Department of Banking and Insurance • NY: Licensed Mortgage Banker - NYS Department of Financial Services, 750 Lexington Ave. Suite 2010, New York, New York 10022 • OH: MB 804160 • OR: Licensed and Regulated by the Department of Consumer and Business Services • PA: Licensed by the Pennsylvania Department of Banking and Securities • RI: Rhode Island Licensed Lender • WA: Consumer Loan Company License in to access your portfolio
