Monday, September 11, 2023 10:08:30 AM
Sounds like strong growth:
Direct Capital, through its subsidiary Direct Mortgage, has exhibited remarkable performance in the mortgage industry. In 2022, the company generated revenues totaling $6,324,163. During the same year, they facilitated approximately 450 loans, securing approximately $152 million in funded mortgages.
The momentum continued into 2023, with Direct Capital achieving outstanding results. From January through August 2023, they oversaw the funding of 353 mortgages, with a total value of $119 million. This noteworthy performance in the first eight months of 2023 puts Direct Capital on pace to surpass its already impressive 2022 numbers.
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