The lender has already surpassed its previous full-year record – and it’s not even November yet
Quicken Loans has had had its best year ever – and the year isn’t even over yet.
The Detroit-based lender announced that it closed $40 billion in home loans in the third quarter, the highest quarterly volume in the company’s 34-year history. The company also hit a monthly record in September with $15 billion in closed loan volume, but said that record would likely be surpassed in the coming months.
In the first three quarters alone, the company has already surpassed its total mortgage volume for 2018, $83 billion – and its previous record for full-year mortgage volume, $96 billion, posted in 2016.
“The first nine months of the year have been nothing less than inspiring – not only in terms of how much our company has grown, but because of the incredible number of clients we have helped achieve home ownership,” said Jay Farner, CEO of Quicken Loans. “The fact that we can provide homebuyers a simple, tech-driven mortgage experience that gives them transparency into the mortgage process drives our success. I am so grateful for our team members who continue to deliver the best service possible to our clients while also continuing to innovate and revolutionize the way Americans get a mortgage.”
Quicken Loans is currently looking to fill 1,800 open positions. Roles to be filled include mortgage bankers, QLMS account executives, and underwriters.
