Proper Rate Names Michael Waldman as a Senior Vice President of Mortgage Lending

  • Michael WaldmanProper Rate

    Michael WaldmanProper Rate

Updated 6/9/2021 9:02 AM

Proper Rate, a joint mortgage origination venture between Guaranteed Rate and @properties, has named Michael Waldman as a Senior Vice President of Mortgage Lending to serve borrowers and business partners in Chicago.

"We are thrilled to welcome Michael to the Proper Rate team," said Dan Moran, Executive Vice President of Sales for Proper Rate. "During its first years in business, Proper Rate served thousands of borrowers throughout the Chicago area. Michael is a valuable new team member at Proper Rate as we continue our impressive market growth."


Waldman joins Proper Rate with more than 25 years of mortgage industry experience, serving over 3,000 borrowers and funding more than $700 million in total loan volume throughout his career. Waldman has experience serving a wide variety of clients, from first-time homebuyers to experienced borrowers, and he consistently ranks as a top originator by industry sources like Chicago Agent Magazine.

"I am here to help homebuyers with one of the biggest purchases of their lives and help them achieve a piece of the American Dream, Homeownership," said Waldman. "This has always been the most rewarding aspect of my job, and I look forward to being part of Proper Rate, by providing its innovative platform to even more customers throughout the country."

Launched in 2020, Proper Rate offers borrowers the advantages of a big lender with a more personalized, hands-on mortgage experience. The company's loan officers funded more than $1.6 billion in total loan volume in 2020 and served over 4,400 borrowers. Earlier this year, the company also made an impressive debut on Scotsman Guide's 2020 list of "Top Originators."

To learn more, please visit

About Proper Rate

Proper Rate, a joint venture of Guaranteed Rate and @properties, is an independent retail mortgage company offering homebuyers and homeowners personalized lending services through a select team of the most highly experienced and dedicated mortgage professionals in the industry. Powered by one of the nation's largest mortgage companies, with leading-edge technology and access to the best loan programs and rate structures, Proper Rate delivers all the advantages of a big lender with the hands-on service of a small firm. To learn more, visit

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