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Guaranteed Rate has named Cliff Theriault as regional manager, based in the company’s Schaumburg, Ill. office. Theriault will support the company’s regional managers nationwide in their efforts to recruit top loan originators and will be responsible for sales leadership and mentoring originators, drawing on his more than 40 years of experience in the mortgage industry.
Prior to joining Guaranteed Rate, Theriault was Great Lakes and Northeast regional manager of consumer services at CMG Financial, and he also previously served as executive vice president and national production manager at American Portfolio Mortgage. He has also served as the president of his own mortgage consulting firm, CJT Consulting, and is a former president of the Illinois Mortgage Bankers Association.
Founded in 2000, Guaranteed Rate has become one of the nation’s fastest growing mortgage companies by offering low rate, low fee mortgages and superior customer service, and funded nearly $16 billion in loans in 2013 alone. The company has been able to expand successfully through a business model that allows top originators to join the company and close more loans faster through Guaranteed Rate’s commitment to technology, pricing, process and support.