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UMortgage Surpasses $1 Billion in Funded Loans Halfway Through 2023

Published: July 5, 2023

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UMortgage Surpasses $1 Billion in Funded Loans Halfway Through 2023

At the halfway point of 2023, UMortgage is delighted to achieve a massive financial milestone—$1 billion in funded loan volume so far this calendar year. The platform signaled intent to continue to scale after a record-breaking year of growth in 2022, and the investments put in place previously have laid the foundation that enabled UMortgage to surpass its 2022 funded volume just 21 weeks into the new year.

Ian Twaddle, a UMortgage loan originator, and his team originated the loan that officially brought UMortgage above $1 billion funded for the year. The Pennsylvania-based LO has been with the platform since October 2022 and has seen their production increase while relationships improve since making the move to UMortgage.

“We throw around the phrase ‘all in’ a lot, but Anthony [Casa] has truly gone ‘all in’ over and over—especially with Operations,” said Ian. “At UMortgage, we’re never settling. Rather, we’re constantly improving our Operations processes and standards until they’re the best in the business. That’s what makes it possible for me and the team to do the business we have been doing.”

UMortgage was able to accomplish this milestone before the halfway point of the year because of multiple investments into its infrastructure in 2022 with a long-term vision for sustainable success in mind.

Prioritizations were made to spur continued exponential growth, starting at the top with its Executive Leadership team, then making their way throughout the organization with revitalizations for recruiting, onboarding, training, and coaching. These tenants laid the groundwork for UMortgage to continue to attract top talent and scale at an increasing rate throughout 2023 and beyond.

In the last 12 months, UMortgage has been carefully curating an award-winning Executive Leadership team that ensured alignment across all departments and led short-term projects that paved the path towards making its long-term vision attainable.

Gil Arbitsman, CFO and 2023 HousingWire Finance Leader, was brought on board to set financial structures in place that allowed UMortgage to acquire top talent and continue to scale. Kayla Lopez, SVP of Strategy and 2023 HousingWire Rising Star, helped develop internal strategies to help team members acclimate as the platform grew exponentially. And finally, Corie Meredith, VP of Marketing & 2023 HousingWire Marketing Leader, led UMortgage’s marketing strategies to attract new LOs to the platform and enable those LOs to grow & strengthen referral partner relationships.

Once the UMortgage’s leadership was aligned, the platform underwent an overhaul of its recruiting, onboarding, training, and coaching strategies to ensure consistent standards were set across the entire organization. This uniform understanding of roles and responsibilities enabled UMortgage to seamlessly scale and welcome new Loan Originators to the platform without disrupting their preexisting pipelines.

“We’re thrilled to have hit $1 billion in funded loans so early in the year,” said Rob Pieklo, UMortgage’s VP of Revenue. “We laid the groundwork to make this kind of production growth possible, but it was achieved thanks to the buy-in from everyone across the organization. $1 billion isn’t the final goal, though. We’ll be continuing to fine-tune our processes and develop team members in-house to continue to scale throughout the rest of the year and beyond.”

After acquiring Dallas-based NXT Mortgage, Hodgson—the former NXT President & Co-Founder—earned the position as UMortgage’s Vice President of Growth to help identify areas for expansion and strategies to attract top talent in those regions.

Most recently, those areas include the Midwest—specifically the Ohio Valley area—and the Southeast. This year, UMortgage has welcomed Ravi Patel’s Ohio Valley Mortgage Group and Patrick Stoy’s MC Mortgage Group, located in Northern Kentucky and Wilmington, North Carolina, respectively.

UMortgage’s growth doesn’t end here, however. The platform is currently fine-tuning its Operations processes with a platform-wide initiative called “Operations 1.62”. It is also rolling out a robust coaching platform that connects Loan Originators throughout the organization with experts across the mortgage industry and beyond.

UMortgage plans to double its production in the second half of the year; follow this link for a transparent look at the platform’s plans to grow and the ways that it is helping Loan Originators grow their business in any market.


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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.
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