Safe Rate Mortgage
Why Choose Safe Rate Mortgage?
We are a young, tech-forward lender with competitive rates and fast processing that cares about its borrowers like a community bank. We have no origination fees, no underwriting fees and no application fees. We show our best rates upfront. Shoppers can do most mortgage things through our chat-based AI without even talking to an originator -- get a real quote, see if we can beat another lender's offer, check your refinance savings, and start an application -- all in under 60 seconds. We are not lifelong mortgage people. We are MIT roboticists and University of Chicago economists who became mortgage lenders after the 2008 subprime meltdown because we wanted to make a real change in the mortgage industry. We built better technology, better loan products, and educate borrowers so they are confident in their mortgage loan, and we continue to innovate so we're always giving borrowers the best rates and experience possible.
Going Above and Beyond
"Tell us about a time you went above and beyond to help a client."
This was actually one of the first loans we did. It was brutal getting the loan approved but also so fulfilling. We had a first-time homebuyer who was purchasing in a condo where the homeowner's association (HOA) was under litigation because of a slip and fall incident that had happened in the building. Because the loan was in Chicago, the defendant did not have to specify a cap on the claim amount, which made it *almost* impossible to get the loan approved. Our team reached out to the HOA's insurance company, their defense attorney, and the plaintiff's attorney, and was able to gather all the evidence and statements that the claim amount was capped -- we were effectively acting as forensic detectives and attorneys! We were able to get the loan approved with everything we had gathered. It was so stressful but such a huge sense of accomplishment and we were so happy for our borrower to own their first home.
What Our Clients Say
Reviews from around the web
Featured Testimonials
"Safe Rate has the responsiveness, commitment to saving buyers money, and the best tech."
"Safe Rate has taken a tedious process and made it very easy to navigate."
"I secured a very good interest rate for my mortgage for my new home. Very happy!"
"Safe Rate is a great resource for anyone thinking about buying a home but unsure where to start."
Leadership Team
Dylan Hall
Co-founder & CEO
NMLS #1658740
"I entered the world of mortgages after seeing the devastation of the subprime meltdown on my students, their families, and their communities when I was a Teach for American high school math teacher in West Garfield Park, Chicago. I wanted to make a difference, create better products, and actually support borrowers instead of selling to them, which was the norm at the time. I'm very proud of what we've created at Safe Rate."
Shima Rayej
Co-founder & CPO
NMLS #1658741
"My background is in robotics and I did not think that mortgages were going to become my passion, but they have! Being the child of immigrant parents who always dreamt of owning a home, I know how much homeownership means to families, and the knowledge and financial barriers can make it so hard to reach. That's why I went from robotics to running a mortgage company. I can use my expertise in building AI and awesome tech to the mortgage industry, which desperately needs it, and where I can make a lot of impact."
Loan Process
States We Serve
Wholesale Partners
Our Team & Community
