Peter Monachello, Vice President of Mortgage Lending at Guaranteed Rate, has proudly helped thousands of clients achieve their homeownership dreams for nearly two decades. He understands the significance of buying a home, which is why he cherishes the opportunity to empower home buyers to confidently make one of life’s biggest purchases. With a simple, efficient process, his goal is to deliver superior customer service to both his clients and referral partners through every step of the mortgage journey. “I take a consultative approach and there is no one-size-fits-all solution,” says Peter. I give every client the right mortgage plan to fit their specific financial goals. Through his strong leadership, Peter has built a skilled team of professionals to create a winning culture for his clients that is unmatched in the industry. Building long-term, trusting relationships with his clients and business partners is one of his favorite aspects of working in mortgage lending. His clients range from first-time homebuyers, move-up buyers, refinancers, investors, and corporate clients. An impressive 94% of his clients were satisfied with the service they received, and he continues to grow his business thanks to word-of-mouth referrals. Buying a home can be scary and stressful, we understand that and strive to make it as smooth and easy as possible. Choose Peter Monachello, where helping people with a mortgage is just not his job, it is his lifestyle!
Vice President of Mortgage Lending
What people are saying
"Peter was great to work with"
Ronald D. - Gardner IL | May 2022
"They made my first home buying experience seamless. Pete Monachello took great care of me and explained each step of the process thoroughly. Great communication skills."
Abigail K. - Channahon IL | Apr 2022
"Peter Monachello made the entire experience a breeze! This was my first time going through this process and he took the time to explain each detail for me (sometimes more than once)! He was patient, kind, and most importantly I knew he had my best interest at heart."
Monet P. - Morris IL | Mar 2022
"Pete and Amanda were really responsive to all my questions."
Felicia R. - Joliet IL | Feb 2022
"Peter Monticello was fantastic with his work to take care of me to the best of his abilities."
Michael V. - Maple Park IL | Feb 2022