Guaranteed Rate launches new RED-VP mobile app

By Edlyn Cardoza

Guaranteed Rate, a cutting-edge mortgage lender, driven to be the nation’s top FinTech, recently announced the launch of its new RED-VP mobile app. This end-to-end digital tool is designed to make loan officers even more efficient and effective anywhere, anytime. This industry-leading digital tool is designed to act as a mobile pipeline, empowering loan officers to accomplish anything from issuing a pre-approval letter to locking in a rate, all in real-time and all fully remote using their smartphone.

“Guaranteed Rate is dedicated to developing incredible Fintech solutions that make a real difference for our Loan Officers and their customers,” says Ramesh Sarukkai, Guaranteed Rate’s Chief Product and Technology Officer. “Our transformative new RED-VP mobile app is just one more way we are setting our Loan Officers up to win by providing them with the best end-to-end digital tools in the industry.”

Loan Officers know that business rarely happens regularly and that their customers have needs well beyond any traditional 9 to 5 workday. Guaranteed Rate’s new RED-VP mobile app allows them to take advantage of business opportunities and meet their customers’ needs anytime. RED-VP features easy biometric login on mobile and the ability to leverage app notifications to significantly increase efficiencies during the mortgage application process. All a loan officer needs to do is open the RED-VP mobile app, and they can quickly do any of the following and more:

• Create a new loan
• Send a one-click conditional approval letter
• Lock in rates
• Obtain real-time pricing
• Run automated underwriting
• Get instant access to pipeline and contacts
• Run a credit report
• Verify property details
• Access a summary of all loan details

“The new RED-VP mobile app is a real game-changer for Loan Officers who are always on the go,” said Justin Lopatin, an SVP of Mortgage Lending at Guaranteed Rate. “It allows me to be mobile and super effective no matter where I am or what time it is. Best of all, it makes the process of getting your dream home that much faster and simpler for my customers.”