UMortgage Posts Company Record for Weekly Lock Volume in Consecutive Weeks
March 12, 2024
UMortgage Posts Company Record for Weekly Lock Volume in Consecutive Weeks
Records are set so they can be broken again, and so far in 2024, UMortgage is putting plenty of fresh ink into its record books. After setting a new company record for lock volume in a week in late January, UMortgage set the pace again less than 30 days later, then one-upped that company record the following week.
The week of March 6th, the innovative mortgage platform tallied a company record $73 million in weekly lock volume — $3 million higher than the previous record set the week prior.
"Momentum is building in a really positive way for us at UMortgage," said Anthony Casa, President & CEO. "February was one of our best months ever for funded volume and with back-to-back record lock weeks to start March, we're on a fantastic trajectory to fund more than $1 billion in volume by the end of Q2."
Having set a company-best for lock volume in a week three times in 2024 has UMortgage on pace for another record-shattering year. The national mortgage company has tallied nearly $400 million in funded volume as of March 1st, a 38.5% year-over-year increase by the same point in 2023.
With the tide turning for housing affordability and demand subsequently on the rise, UMortgage is anticipating another year setting the pace for industry-best growth behind a relationship-based sales strategy.
Growth-minded loan officers and Branch Managers need a trailblazing platform to foster their production growth. If you’re looking for a platform that will allow your business to thrive, schedule a 1-on-1 with a member of UMortgage’s Business Support team.