Guaranteed Rate, a leader in retail mortgage lending and digital financial services, is proud to announce that Shant Banosian has funded $2 billion in total loan volume during a record-breaking year. By doing so, he becomes the company’s first loan originator ever to reach this milestone.
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“Shant is a testament to the core values that his team lives by; always learning, doing whatever it takes, caring about people, and winning as a team,” said Guaranteed Rate President and CEO Victor Ciardelli.
Banosian, the nation’s #1 loan originator in 2020 according to Mortgage Executive Magazine, made headlines in June when he broke his own record, funding $1 billion three months faster than he did last year.
Based in Massachusetts and licensed to originate in all 50 states, Banosian has funded an impressive total career volume of over $7 billion. A member of the prestigious 2021 Mortgage Global 100, he has also been recognized as one of the top 5 loan originators in the U.S. by Scotsman Guide for six years, including two consecutive years at #1. He has also been Guaranteed Rate’s top loan officer and the top producer in Massachusetts consistently since 2013.
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“The big difference between this year and last year is our hyper-focus on closing fast by utilizing our technology platform to make the client experience even better,” said Banosian. “By putting our clients and real estate partners on the purchase side in a position to win, we are able to serve more homebuyers in this very competitive marketplace.”
A Massachusetts native, Banosian graduated from Bentley University, where he met his wife, Kara. They currently live in Belmont, Mass., with their three daughters. He actively participates in charitable events throughout his community, consistently fundraising for the Greater Boston Food Bank; running one of the top 5 fundraising teams in the country for St. Jude Children’s Research Hospital; and staying actively involved in the Guaranteed Rate Foundation, a 501(c)(3) organization that has granted more than $6 million directly to more than 1,500 individuals in need.
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