Guaranteed Rate: March Was a Strong Month For Originations


Mortgage lender Guaranteed Rate reports that it had a strong March, with production reaching $3.46 billion in locked volume.

“We’re off to an incredible start this year,” says Victor Ciardelli, CEO of Guaranteed Rate, in a statement. “By working fast, working smart and always putting the customer first, we’ve set another amazing record this past month.”

“I’m constantly amazed by how much we can do together as a team,” he adds.

The $3.46 billion in March surpasses the company’s previous record of $3.375 billion in May 2018.

What’s more it exceeds last year’s March figure by $714 million.

In 2018, the company had one of its most successful years, funding nearly $19.2 billion in total loan volume.

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