CHICAGO, Nov. 19, 2021 / PRNewswire / – Guaranteed rate, a leader in digital financial services, is pleased to welcome Dr Ramesh Sarukkai as the company’s new director of product and technology. The seasoned Silicon Valley technologist will be responsible for expanding the secured rate digital product portfolio to new financial services, as well as enhancing its current mortgage products and functionality.
“Ramesh’s decades of experience growing and innovating in some of the greatest digital powerhouses make him the perfect choice to lead Guaranteed Rate’s technology efforts,” said Victor Ciardelli, CEO of Guaranteed Rate. “I have every confidence that it will add incredible value to our mortgage business and help us continue to grow in the FinTech space.”
Prior to joining Guaranteed Rate, Dr Sarukkai was Engineering and Product Manager for Braintree / PayPal, Payments Manager at Facebook, and led the YouTube monetization teams at Google. He holds a doctorate. in Computer Science from the University of Rochester, is the author of Foundations of Web Technology and holds over 50 patents (issued / pending).
“I am delighted to join the Guaranteed Rate, which has successfully provided modern digital solutions to reduce the friction associated with critical financial services such as mortgages while maintaining a close connection with clients,” said Dr Sarukkai. “I look forward to helping the company leverage modern technologies, big data and artificial intelligence to create a compelling experience that continues significant transformations in the FinTech space. “
The Guaranteed Rate is well known as a leader in digital financial services. The company launched the world’s first digital mortgage, which transformed the industry, and was named NerdWallet’s Top Mortgage Lender for Online Lending in 2021. The Secured Rate also won HousingWire’s 2020 Tech100 Award for Technology. The company’s cutting-edge FlashCloseSM and launched AI-powered tech startup Gateless earlier this year.
About guaranteed rate companies:
Guaranteed rate companies include Guaranteed Rate, Inc., one of the top 5 retail mortgage lenders in the United States, Guaranteed Rate Affinity, LLC and Proper Rate, LLC. The Chicago-based guaranteed rate companies together funded more than $ 73 billion in 2020 and have more than 10,000 employees in more than 850 offices across the United States. Founded in 2000 and located in all 50 states and Washington, DC, the Guaranteed Rate has helped homeowners across the country with home purchase loans and refinances. The company has established itself as an industry leader by introducing innovative technology, offering low prices and providing unparalleled customer service. In 2017, the company launched Guaranteed Rate Affinity, LLC, a mortgage origination joint venture between Guaranteed Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY), a world leader in franchising and residential real estate brokerage. In 2020, the company launched Proper Rate, LLC, a mortgage origination joint venture between Guaranteed Rate, Inc. and @properties, one of the nation’s largest residential brokerage firms. Collectively, the guaranteed rate companies have won 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 NerdWallet Refinancing for 2021; 2018 Best Lender for Online Service by US News & World Report; HousingWire’s 2020 Tech100 Award for the company’s industry-leading FlashCloseSM technology; # 3 in The Scotsman’s Guide to the Best Retail Mortgage Lenders for 2021; Lender of the Year by Chicago Agent Magazine for six consecutive years; and the Chicago Tribune’s list of the best places to work for seven consecutive years. Visit rate.com for more information.
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