Skip to main content
News

UMortgage Shatters Quarterly Record with $704.7 Million in Funded Volume

Published: July 2, 2024

Share
Blog Header
RETURN TO ALL POSTS

UMortgage Shatters Quarterly Record with $704.7 Million in Funded Volume

PHILADELPHIA, PA., July 1ST, 2024 – UMortgage, a leading national mortgage lender dedicated to creating life-changing opportunities through homeownership, continues its rapid growth with a record-breaking production quarter.

Topping 2,010 units and reaching over $704.7 in funding volume, this achievement marks a 38.5% increase over Q1 of 2024 and surpasses the previous record set in Q2 of 2023 - $623 million with 1,871 units funded.

Key Drivers of Success

This extraordinary growth can be attributed to strategic leadership and innovative approaches in the mortgage industry. Anthony Casa, President & CEO of UMortgage, was recently honored as a 2024 Inman Best of Finance and a 2024 Philadelphia Titan 100 awardee, recognizing his visionary leadership in the mortgage industry. Anthony's commitment to excellence continues to drive UMortgage to new heights.

“This incredible achievement is a testament to the dedication and hard work of our entire team," said Anthony Casa. "Every team member has played a crucial role in our success, and this milestone is a reflection of their relentless commitment to excellence. Together, we are building a brighter future for UMortgage and our clients."

Andrew Chavez, newly appointed National Director of Sales Development, has been instrumental in amplifying UMortgage’s momentum. Alongside National Sales Leader, Jimmy Hobson, the two have been pivotal in the application of scalable sales strategies resulting in several record-breaking months at the start of 2024.

Positioned for Continued Growth in the Mortgage Industry

With a robust foundation, UMortgage is positioned for continued growth. Despite challenging conditions in the housing industry, the mortgage company is on track to fund $3 billion this year – its highest yearly production ever. The company's commitment to refining its systems and technologies plays a critical role in supporting its expansion and maintaining its leadership in the industry.

To learn more about what being a Loan Officer at UMortgage would look like, download our Experience the Difference packet for an overview of the business-boosting benefits available at UMortgage.

About UMortgage

UMortgage is a national mortgage lender on a mission to create life-changing opportunities through homeownership. With Loan Officers licensed from coast to coast, an expansive suite of mortgage lenders to shop from, and a quick, clear, & communicative homebuying process, UMortgage is ushering in a modern mortgage experience catered to all homebuyers.

RETURN TO ALL POSTS

Related Posts

NewsJuly 2, 2024
UMortgage Shatters Quarterly Record with $704.7 Million in Funded Volume
PHILADELPHIA, PA., July 1ST, 2024 – UMortgage, a leading national mortgage lender dedicated to creating life-changing opportunities through homeownership, continues its rapid growth with a record-breaking production quarter. Topping 2,010 units and reaching over $704.7 in funding volume, this achievement marks a 38.5% increase over Q1 of 2024 and surpasses the previous record set in Q2 of 2023 - $623 million with 1,871 units funded. Key Drivers of Success This extraordinary growth can be attributed to strategic leadership and innovative approaches in the mortgage industry. Anthony Casa, President & CEO of UMortgage, was recently honored as a 2024 Inman Best of Finance and a 2024 Philadelphia Titan 100 awardee, recognizing his visionary leadership in the mortgage industry. Anthony's commitment to excellence continues to drive UMortgage to new heights. “This incredible achievement is a testament to the dedication and hard work of our entire team," said Anthony Casa. "Every team member has played a crucial role in our success, and this milestone is a reflection of their relentless commitment to excellence. Together, we are building a brighter future for UMortgage and our clients." Andrew Chavez, newly appointed National Director of Sales Development, has been instrumental in amplifying UMortgage’s momentum. Alongside National Sales Leader, Jimmy Hobson, the two have been pivotal in the application of scalable sales strategies resulting in several record-breaking months at the start of 2024. Positioned for Continued Growth in the Mortgage Industry With a robust foundation, UMortgage is positioned for continued growth. Despite challenging conditions in the housing industry, the mortgage company is on track to fund $3 billion this year – its highest yearly production ever. The company's commitment to refining its systems and technologies plays a critical role in supporting its expansion and maintaining its leadership in the industry. To learn more about what being a Loan Officer at UMortgage would look like, download our Experience the Difference packet for an overview of the business-boosting benefits available at UMortgage. About UMortgage UMortgage is a national mortgage lender on a mission to create life-changing opportunities through homeownership. With Loan Officers licensed from coast to coast, an expansive suite of mortgage lenders to shop from, and a quick, clear, & communicative homebuying process, UMortgage is ushering in a modern mortgage experience catered to all homebuyers.
READ MORE
NewsJune 26, 2024
Anthony Casa Earns Inman 2024 Best of Finance Honor
PHILADELPHIA, PA., June 26, 2024 — UMortgage today announced that Anthony Casa, President & CEO, has been named one of Inman’s 2024 Best of Finance Award winners. According to Inman, recipients were selected for being the real estate community’s best and brightest leaders in the mortgage and finance space who are innovating within the housing industry and positively reshaping homeownership opportunities for prospective homeowners nationwide. This award comes at the heels of Casa also being named a 2024 Philadelphia Titan 100 awardee—a program that recognizes Philadelphia’s Top 100 CEOs and C-level executives who are innovating and shaping the future of the Philadelphia business community. “While these awards name me personally, they represent all of our team members, past & present, who have worked so incredibly hard to help us build UMortgage to be one of the fastest-growing mortgage companies in America,” stated Casa. “Without them, there is no UMortgage and the success we’ve seen over the last four years is nonexistent. On behalf of our entire UMortgage team, we proudly accept this great recognition and are excited to strive to continue to get better every day!” Following four consecutive years in which the platform posted record figures for funded loan volume and homeowners served, UMortgage is on pace to rewrite its record books once again after surpassing $1 billion in yearly loan volume at the start of June. As the platform nears the halfway point of the year, it has seen a 20% year-over-year increase for homeowners served, reflecting positively on its company vision to create life-changing opportunities through homeownership. UMortgage is implementing new technological advancements to help the platform and its Loan Originators continue to maintain these industry-leading levels of growth. A soon-to-be-announced addition to its executive leadership team will lead the implementation of the new tech stack advancements as well as an AI transformation through its loan process to enhance sales and operational efficiency. If you’re interested in learning more about the ways that the UMortgage platform is helping local mortgage brokers grow their businesses, you can register here for our upcoming Loan Originators Powered by UMortgage call which will be hosted on Thursday, July 27th at 2pm ET. About UMortgage UMortgage is a national mortgage platform on a mission to create life-changing opportunities through homeownership. With Loan Originators licensed from coast to coast, an expansive suite of lenders to shop from, and a quick, clear, & communicative homebuying process, UMortgage is ushering in a modern mortgage experience catered to all homebuyers.
READ MORE
NewsJune 14, 2024
Anthony Casa Named a 2024 Philadelphia Titan 100 Awardee
Anthony Casa, UMortgage President & CEO, embodies the essence of transformative leadership and innovation in the mortgage industry. That’s why we’re proud to announce that he was named a 2024 Philadelphia Titan 100 Recipient—a program that recognizes Philadelphia’s Top 100 CEOs and C-level executives who are innovating and shaping the future of the Philadelphia business community. Since it was founded in 2020, UMortgage has been changing the way brokers serve homebuyers and their real estate agent partners not just in Philadelphia, but also across the country. Anthony’s leadership of UMortgage is characterized by his profound dedication to creating a supportive ecosystem for Loan Originators. Local mortgage brokers play a pivotal role in their community’s homebuying experience; as a staunch advocate for the broker community throughout his career, Anthony has built the UMortgage platform with the tools and resources necessary to enable these brokers to thrive. The contributions Anthony has made to brokers and his local community are nothing new. Before founding UMortgage, Anthony served as the President of Garden State Home Loans—one of the top mortgage brokerages in New Jersey. He later channeled his passion for building a stronger space for mortgage brokers by founding the Association of Independent Mortgage Experts (AIME), a national member trade association with more than 40,000 members. Realizing the importance of new technology to streamline the mortgage process for brokers, real estate agents, and homebuyers, he founded ARIVE. ARIVE is an innovative technology solution designed to offer a modern all-in-one platform for Loan originators. This software is now utilized by more than 14,000 active brokers nationwide. Driven by that same passion to support the broker community with advanced technology, broker support, and community service, Anthony has grown UMortgage into a best-in-class platform that offers tools, resources, and a community that empowers Loan Originators to exceed their potential. The platform offers a first-of-its-kind quarterly coaching program, Level Up Sales Coaching, to all its Loan Originators. It also utilizes a best-in-class tech stack that is actively driving the mortgage industry into the modern age with more than 20 lender options that allow Loan Originators to offer homebuyers to access a truly personalized homebuying experience. Anthony has showcased exceptional leadership skills by navigating the complexities of the mortgage industry and recent market challenges with finesse. His ability to assemble and inspire a team of talented professionals is central to UMortgage's success. Together, they have tackled industry challenges, pioneered technological advancements, and delivered unparalleled service to their clients. UMortgage has navigated recent market headwinds through the winning culture intentionally implemented by Anthony and centralized through the platform’s different stages of growth. UMortgage is built on values that foster innovation, collaboration, and individual & collective excellence. The Philadelphia-based platform is driving the mortgage industry forward and has made record-breaking growth a habit since its foundation in 2020. In May 2024, UMortgage set its company record for monthly funded volume and units and surpassed $1 billion in total loan volume so far in 2024. It is on pace to set a new yearly record for families served and funded units for the 4th straight year, solidifying itself as the fastest-growing mortgage company in America. If you are a broker and want to discover how your business can benefit from the tools and resources available on the UMortgage platform, download our Experience the Difference info packet for an inside look.
READ MORE

Get pre-approved in just minutes!

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Review our complete Privacy Policy here.