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
"I typically don’t leave reviews but I HAD to for Guaranteed Rate! Peter was quick to respond, knowledgeable, and made the experience a pleasant one!"
Jamee V. - Minooka IL | Aug 2021
"Everyone was super helpful and easy to work with. It really made our experience of buying our first home less stressful."
Michelle A. - Spring Valley IL | Aug 2021
"Our representative, Peter Monachello, was outstanding. Very communicative and understanding."
Kimberly D. - Naperville IL | Jul 2021
"So easy to work with and ease of the loan process."
Doniel S. - Largo FL | Jun 2021
"Peter Monachello was extremely helpful and understanding. He felt like a friend from the first day. He offered me good advice and shared so much knowledge with me. He gave me hope for my future and helped me obtain the stability I really desired."
Brenda S. - Geneva IL | Jun 2021