July was a stellar month for Guaranteed Rate Companies with the mortgage lender postings its best ever month for production.
The $3.94 billion in total funded volume came from a volume of more than 11,644 units. There were new records set for total funded purchase volume with $2.52 billion across 8,012 units and for total funded refinance volume with $1.42 billion.
“I am ecstatic with our record-breaking July. We have spent years building the best platform in the country for consumers to obtain a mortgage. Because of that, Guaranteed Rate has become the go-to national mortgage lender, with our record-breaking July numbers being a direct reflection of consumer’s trust,” said Victor Ciardelli, Founder and CEO of Guaranteed Rate.
The national lender, headquarted in Chicago, has almost 5,000 employees across its 350 offices across the US and is licensed in all 50 states and Washington DC.
In 2017, the firm launched Guaranteed Rate Affinity, LLC, a mortgage origination joint venture between Guaranteed Rate, Inc. and Realogy Holdings Corp., a global leader in residential real estate franchising and brokerage.