Gurp Bhandal Joins Guaranteed Rate Affinity to Oversee Company Growth in California
February 17, 2021 – Guaranteed Rate Affinity, a mortgage origination joint venture between Guaranteed Rate and Realogy Holdings Corp. (NYSE: RLGY), has named Gurp Bhandal as Senior Vice President, California Market Leader to build out the company’s retail regions throughout the state.
“We are thrilled that Gurp has joined our team,” said Jonathan Engler, a Divisional Manager of Mortgage Lending for Guaranteed Rate Affinity. “We’re looking forward to seeing him use the grit and drive he’s known for to strengthen our leadership team and help us build on our momentum in California.”
Bhandal, who is based out of San Francisco, brings more than 20 years of mortgage and finance experience to Guaranteed Rate Affinity. A top ranked leader at his previous firm, Bhandal has a track record of building strong relationships with external business partners while creating effective and high-performing sales teams.
“I joined Guaranteed Rate Affinity because of its strong core values and its focus on giving back, particularly through the Guaranteed Rate Foundation,” said Bhandal. “The company’s first core value, ‘We Grow for Good,’ highlights its laser focus on becoming the country’s top mortgage lender while keeping its commitment to do more good for the communities it serves as it grows. I couldn’t be more excited to be part of such a positive culture and fearless approach to being the best of the best.”
Bhandal will be responsible for building Guaranteed Rate Affinity’s market share throughout California. He joins the company at a time of great momentum. In 2020, Guaranteed Rate Affinity funded over $13 billion in loan volume and served more than 39,000 borrowers nationwide.
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 fast pre-approvals, appraisals, and loan closings, 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.