Does Guaranteed Rate pay their employees well?

According to anonymously submitted Glassdoor reviews, Guaranteed Rate employees rate their compensation and benefits as 3.4 out of 5. Find out more about salaries and benefits at Guaranteed Rate. This rating has been stable over the past 12 months.

How satisfied are employees working at Guaranteed Rate?

55% of Guaranteed Rate employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Guaranteed Rate 3.6 out of 5 for work life balance, 3.5 for culture and values and 3.5 for career opportunities.

What are the top reviewed jobs at Guaranteed Rate?

Loan Officer (72) , Vice President of Mortgage Lending (70) , Loan Coordinator (65) , Mortgage Consultant (60) , Mortgage Loan Officer (59) , Operations Assistant (59) , Branch Manager (43) , Loan Processor (33) , Sales Assistant (33) , Underwriter (33) , Mortgage Loan Processor (29) , VP of Mortgage Lending (29) , Closing Coordinator (26) , Mortgage Underwriter (23) , Vice President (20)

What are the pros of working at Guaranteed Rate according to real employee reviews?

"You can move between departments if they like you and there are great people working there." ((in 103 reviews)); "work from home is great" ((in 88 reviews)); "Training was great and the POD system is awesome" ((in 50 reviews)); "The technology is great and I can work from anywhere I choose to do so." ((in 48 reviews)); "Team and department is great" ((in 44 reviews))

What are the cons of working at Guaranteed Rate according to real employee reviews?

"Beyond poor management." ((in 115 reviews)); "Hiring when the industry is doing well and massive layoffs when business slows." ((in 110 reviews)); "Pay is low and hard to live on in some areas" ((in 81 reviews)); "Benefits were expensive and not enough" ((in 66 reviews)); "Managers have too many direct reports to adequately support their teams." ((in 53 reviews))

What are employees saying about Guaranteed Rate redundancies in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Guaranteed Rate redundancy and their outlook for job security at Guaranteed Rate in 2026.

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Guaranteed Rate

Guaranteed Rate Reviews

3.5

55% would recommend to a friend

(2,176 total reviews)

Victor F. Ciardelli III

63% approve of CEO

61% positive business outlook

Ratings by category

3.8

Diversity and inclusion

3.6

Work/Life balance

3.5

Culture and values

3.5

Career opportunities

3.4

Senior management

3.4

Compensation and benefits

Guaranteed Rate has an employee rating of 3.5 out of 5 stars, based on 2,176 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Guaranteed Rate employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

2K reviews

3.0

9 Jul 2017

Good, not "GRate"

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Incredibly hard working employees who genuinely enjoy working with each other. Corporate office has some sweet perks and managers will, generally, always stick up for you. Honestly, the best part of my work day was being able to work with my coworkers.

Cons

Very clique-y and favoritism rules. Pretty low pay and bonuses essentially don't exist. Oh, and they rarely promote from within. CEO doesn't really care about people who aren't the top producing LOs, so be prepared to not necessarily have all of the support needed.

Guaranteed Rate Response

Thank you for your feedback. We invest in our employees as we recognize that they are the foundation to Guaranteed Rate's continued growth. We offer employees career paths within Guaranteed Rate, and many of our best leaders began their careers within the company.

4.0

1 Feb 2021

Good

Junior consultant

Recommend

CEO approval

Business outlook

Pros

Nice working environment and good culture

Cons

Long working hour and remote location

Guaranteed Rate Response

We are glad you enjoyed your time at Guaranteed Rate! Thank you for taking the time to write a review!

1.0

25 Jun 2016

The North Korea of mortgage.

Mortgage specialist

Recommend

CEO approval

Business outlook

Pros

The North Korea of Mortgage

Cons

Bad leads-aged lending tree crap and worthless digital mortgage leads. High rates-pricing .25pt higher than your competition. Lot's of office politics Lousy benefits-Medical 401k Vacation all below average High turnover Low compensation Charge backs - that show up on your paycheck out of nowhere Endless favoritism Endless promises Antiquated technology Pending law suits Leaking talent like a sieve as good employees leave everyday and are replaced with inferior talent: Scrubs that look in need of a bath or shower being hired everyday at GR.

Viewing 1 - 3 of 2,176 Reviews

Jobs at Guaranteed Rate

Secondary Exception Desk Coordinator

Appraisal Coordinator

Mortgage Loan Originator

Office Assistant - On Site