Guaranteed Rate Hosts Free Education Event In Chicago

Guaranteed Rate will host a free financial education day in Chicago, the first of its “RateUniversity” offerings.

The event will take place on May 19, 2024, at the Ramova Theatre in Chicago. Attendees will learn about homeownership through presentations on critical topics like credit and differing mortgage products.

Bilingual workshops, in both English and Spanish, will be available for attendees of all ages, from high schoolers to adult professionals– “anyone who wants to achieve homeownership,” the lender said.

Performers will entertain attendees as well, including breakdancers, mariachis, and visual artists.

“We’re not just hosting a community event; we’re launching a movement toward informed, accessible homeownership,” said Camilo Escalante, Executive Director of Diverse Segments at Guaranteed Rate. 

“This level of comprehensive, bilingual financial education with such a fun, inclusive environment is something totally different than what these communities have seen. It changes their outlook, as it changes the game.”

Guaranteed Rate will provide the entertainment, giveaways, and snacks for free. Attendees who qualify will also receive an exclusive closing credit offer.

RateUniversity is part of Guaranteed Rate’s Community Engagement Initiative, a program it recently expanded, geared towards improving funded volume in underserved communities across the U.S. The lender plans to launch other events, such as job fairs, in support of that goal.

“As we continue to expand our community engagements, we remain focused on breaking down barriers to homeownership. RateUniversity is a testament to our innovative and comprehensive approach to education and community support,” said Arlyn Kalinski, SVP of Fair & Equitable Lending Strategies.

Guaranteed Rate is a Chicago-based lending and digital financial services company with more than 850 branches across the U.S., serving all 50 states and Washington, DC.

In the last year, it has strengthened its offerings with programs like the Same Day Mortgage, 5 Minute Approval, a 1% down payment option, and “Lock It, List It” rate lock-in program for real estate agents.