Guaranteed Rate Companies Sets Record For All-time High; Funds $3.46 Billion in Locked Volume in March
CHICAGO, Ill., April 2, 2019 – Guaranteed Rate, one of the largest retail mortgage lenders in the nation, celebrates a record-breaking March, positioning the company to have its largest year in total loan volume in 2019.
“We’re off to an incredible start this year. By working fast, working smart and always putting the customer first, we’ve set another amazing record this past month,” said Guaranteed Rate founder and CEO Victor Ciardelli, “I’m constantly amazed by how much we can do together as a team.”
Guaranteed Rate heads into Q2 by achieving the highest grossing single-month total lock volume with $3.46 billion. This surpasses the previous record of $3.375 billion from May of 2018. The March production total exceeded last year’s March figure by $714 million.
This announcement comes as Guaranteed Rate leads the Scotsman Guide 2018 rankings, having more “Top Originators” than any other mortgage lender for the seventh consecutive year.
Since 2000, Guaranteed Rate has delivered competitive pricing, mortgage products and unmatched expertise from its top-producing loan officers, helping thousands of customers move into their dream homes. The Company introduced the market’s first Digital Mortgage, creating an easy-to-understand, transparent loan process, which has led to an industry-leading customer satisfaction rating and exponential growth.
For more information, visit: https://www.rate.com/.