Guaranteed Rate has announced funding a record-breaking total loan volume in April, its biggest since its inception in 2000.
The company funded a total loan volume of $3.94 billion in April – outdoing its most recent record of $3.46 billion in March.
“I am absolutely thrilled with our record-breaking April in both funding and locked volume. Residential mortgage lending is a demanding business, and it takes determination and grit to succeed,” said Victor Ciardelli, founder and chief executive officer of Guaranteed Rate. “With each passing year, Guaranteed Rate is becoming more and more the go-to mortgage lender for consumers nationally and this trust is reflected in our record-breaking April numbers.”