Guaranteed Rate Affinity Advances Renovation Lending Program; Taps Industry Leader Skip Schenker
December 11, 2020 (CHICAGO) – Guaranteed Rate Affinity, a mortgage origination joint venture between Guaranteed Rate and Realogy Holdings Corp. (NYSE: RLGY), announces the appointment of industry veteran, Skip Schenker, as Regional Renovation Sales Manager to advance the company’s renovation lending programs throughout the West Coast.
Schenker joins the Guaranteed Rate Affinity team with over three decades of mortgage industry experience, more than 20 of which he spent specializing in renovation lending. He will be responsible for managing the company’s renovation sales activities on the West Coast, educating its loan officers and assisting its business partners on a wide variety of renovation products while expanding the company’s ability to meet the industry’s rising need for renovation loans.
“Skip is well known as one of the industry’s top experts in renovation lending,” said Jonathan Engler, a Divisional Manager of Mortgage Lending for Guaranteed Rate Affinity. “He has dedicated his career to informing communities and industry professionals about the benefits of renovation lending, and we are thrilled to have his wealth of knowledge, passion and expertise at Guaranteed Rate Affinity. He will play a huge role in expanding our operations throughout the western United States and making sure our borrowers receive the best possible service the industry has to offer.”
Before joining Guaranteed Rate Affinity, Schenker served in renovation sales leadership for several national mortgage lenders and was responsible for leading and developing their regional renovation lending departments. Schenker has trained loan originators as well as authored and published continuing education programs for real estate agents looking to learn more about the benefits of renovation lending since the mid 1990s.
“I feel grateful to have made a career in a field I am passionate about,” said Schenker. “Renovation lending not only helps borrowers build their dream homes, but also revitalizes communities using smart financial products that save homeowners thousands of dollars over the lifetime of their loan. I am thrilled to be continuing this work with the Guaranteed Rate Affinity team, which has incredible leadership, technology and innovation.”
An active member of the community, Schenker has been involved in REOMAC, a trade association serving mortgage default professionals, for more than two decades. He also works diligently to revitalize surrounding communities and founded the nonprofit Painting Granny’s House, in which he brings together local businesses and volunteers to maintain the homes of senior citizens. In addition, Schenker is currently helping to remodel a historic building in East Oakland and fundraises for the Alzheimer’s Association and the National Brain Tumor Society.
To learn more, please visit: grarate.com
About Guaranteed Rate Affinity
Guaranteed Rate Affinity is a joint venture between Guaranteed Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY), which has funded more than $100 billion since its inception. Guaranteed Rate Affinity is also partnered with Realogy Holdings Corp., which owns some of the most recognized and respected real estate brands in the industry. Guaranteed Rate Affinity originates and markets its mortgage lending services to Realogy’s real estate, brokerage and relocation subsidiaries. Guaranteed Rate Affinity provides unmatched support to Realogy brokers coast-to-coast, assuring their customers receive the fastest pre-approvals, appraisals, and loan closings possible, creating the ability for buyers to move quickly and confidently when purchasing homes in today’s competitive market. The Company also provides the same services to the public and other real estate brokerage and relocation companies across the country – helping employers improve their employees’ relocation experience by putting the customer first, providing the customer the ease and security of digital mortgages and offering low rates with loans personalized to each customer’s needs. Guaranteed Rate owns a controlling 50.1% stake of Guaranteed Rate Affinity and Realogy owns 49.9%. Visit grarate.com for more information.