Proper Rate names mortgage veteran Chris Knapp as new president – ​​Inman

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Veteran mortgage executive Chris Knapp has been named president of mortgage lender Proper Rate after his predecessor Peter Boomer left the company after less than a year.

Boomer, who was named president of Proper Rate in October, left the company in April to become president and CEO of Arvest Bank’s mortgage division.

Proper Rate, a joint venture between Guaranteed Rate and @properties, announced Monday that Knapp will assume the role of president, which includes oversight of the company’s strategic growth, programs, products and services.

It’s a return of sorts for Knapp, as before holding leadership roles at CrossCountry Mortgage, Draper and Kramer Mortgage Corp. and Wintrust Mortgage, he spent more than a decade as a lender and executive at Guaranteed Rate.

“I am incredibly excited to be back with a guaranteed rate company, surrounded by a team of the best professionals, on the absolute best mortgage platform in the industry,” Knapp said in a statement.

Founded in 2020, Proper Rate is licensed in 21 states and sponsors 49 mortgage loan originators operating out of five branch offices, according to Nationwide Mortgage Licensing System and Registry records.

Victor Ciardelli

Knapp “will ensure that we provide an exceptional customer experience to @Properties real estate agent clients and he will definitely help establish Proper Rate as the leading boutique mortgage company in the industry,” Victor Ciardelli, CEO of Guaranteed Rate, said in a statement.

After partnering with Guaranteed Rate to launch Proper Rate, @properties acquired recommendation platform Suburban Jungle and Christie’s International Real Estate in 2021. At World Properties LLC, as the company is officially known, also owns title insurer Proper Title LLC.

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Email Matt Carter