Proper Rate
Financial ServicesIllinois, United States201-500 Employees
Proper Rate, LLC operates in the financial services sector as a joint mortgage origination venture between Guaranteed Rate and @properties. The company aims to provide flexible, competitive mortgage financing and an optimized home loan experience through a boutique service approach supported by the resources of a large independent retail mortgage lender. Its target market includes home buyers seeking streamlined and customer-focused lending experiences across select markets in the United States, leveraging a combination of personalized service and scalable lending infrastructure. Based in Chicago, Illinois, Proper Rate emphasizes a high-end service model within the mortgage industry, positioning itself among established national lenders though maintaining a distinct boutique-oriented customer experience. The organization has grown its leadership team with multiple Vice Presidents of Mortgage Lending and has launched initiatives such as Same Day Mortgage nationwide to expedite the loan process. The company operates within the residential mortgage market and is structured to serve consumers through a retail lending framework backed by its joint-venture origin.