Steven Penske
VP of Mortgage Lending
Guaranteed Rate, Inc. is an independent home loan company headquartered in Chicago, Illinois. Guaranteed Rate, Inc. is considered the second largest independent home loan company as of 2013.
Location & Business Hours
Business Hours
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24 hours
Sat
24 hours
Sun
24 hours(Open now)
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Reviews from Web
Steven is the best! Extremely knowledgeable, patient, friendly and always goes above and beyond. He helped us with our loan from step 1 and took the time to explain the processes, and checked up on me to ensure we met deadlines when I lost...
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It was a great pleasure working with Steve during the duration of my loan process. He was very knowledgeable and attentive, he answered all my questions and concerns. He pointed me to the right direction and guided me through out the closing...
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Reply from Steven Penske
December 4th, 2025 09:06 PM
I'm glad to hear that your experience during the loan process was positive. It was my priority to ensure all your questions were addressed and to guide you smoothly through closing your home purchase. If you ever need assistance in the future,...
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Steven went above and beyond for me. I don’t think I could have bought my house with a different lender. He helped solve some of my credit problems. Steven really is the best.
Reply from Owner
January 8th, 2025 12:00 AM
We are overjoyed to hear about your positive experience with Steven. Thank you for sharing your feedback.
He is very communicative and professional. It's the easiest and fastest lender I've ever work with, and he guides you in the right directions and give you all the best possible options that suites your financial situation. Easy to get a hold...
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Reply from Owner
January 8th, 2025 12:00 AM
We're delighted to hear about your positive experience with Steven Penske at Rate. Thank you for sharing your feedback.
Steven was extremely professional and always available to guide me through the process. I was on a short timeline, and with Steven’s help, I was able to get my loan approved and close on my new place in 20 days!
Reply from Owner
January 8th, 2025 12:00 AM
Thank you so much for your kind words Amita! I am glad we were able to complete this transaction on your requested timeline.
Steven and his team were very attentive and very helpful during our first time home buying process. Steven answered all our questions, simple and complex, with patience and in great detail so that we understood the whole process. Not only was...
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Reply from Owner
January 8th, 2025 12:00 AM
Thank you for your kind words. I am glad we were able to structure the loan so that you and your family could purchase your first home.
Steven Penske did an outstanding job guiding us through the lending process and was there to assist us at every turn without hesitation. He explained things in great detail and walked us through anything we didn’t understand.
Steve was great! He was very available, informative and worked to get us the best deal. He sent us monthly projections for several properties while we were home shopping. He answered all of our questions, even at off hours and made sure we...
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The whole process was stressful! Some questions from the underwriters were asked several times and seemed senseless!We answered the same question several times, and we could only scratch our heads! It seemed the lender was accusing us of hiding...
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Reply from Owner
March 27th, 2023 12:00 AM
Thanks for all of your hard work and patience. Since the best terms for this transaction were only available through a smaller FCU, we knew the process could be a little bumpy. I really appreciate you being available and staying positive through...
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Steven and his team are very passtionate and proactive. They know exactly what I need even before I realize that and make sure everything is ready in advance. They are very responsive too, answering questions within hours even on weekends and...
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About
Guaranteed Rate, Inc. is an independent home loan company headquartered in Chicago, Illinois. Guaranteed Rate, Inc. is considered the second largest independent home loan company as of 2013.
Products & Services
Mortgage Loan Officer
FHA Home Loan
VA Home Loan
Jumbo Home Loan
Conventional Home Loan
Home Renovation Loan
Specialities
Residential Mortgage
VA Mortgage
Jumbo Mortgage to 10 Million
First-time buyer Mortgage
FHA
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Memberships
- AREEA
- AREAA
- AAREA
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Addresses and Serving Areas
Year Started
1997
Time Zone
Pacific Standard Time (PST)
Licenses
- 379410
Gallery
Achievements
- VA Mortgage Expert
Hobbies
- Golf
- Japanese Language Study
- Cycling
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Disclaimer
Copyright © 2025 Guaranteed Rate, Inc. D/B/A Rate. All rights reserved.
NMLS License #2611 - For licensing information, go to: www.nmlsconsumeraccess.org
Arizona Mortgage Banker License #0907078
3940 N. Ravenswood Ave Chicago, IL 60613
Operating as Guaranteed Rate, Inc. in New York.
The company name, Guaranteed Rate, should not suggest to a consumer that Guaranteed Rate provides an interest rate guaranteed prior to an interest lock.
Steven Penske NMLS ID: 379410; CA - CA-DFPI379410 CO - 100538880 OR - Licensed HI - HI-379410 NV - NMLO-119401