A wise man once said, “What we do in life echoes through eternity.” If 2018 is any indication, so will the SBL brand.
We had another record year in 2018 – thanks to our dedicated staff, our network of top Seller/Servicers and our continually expanding investor base. Despite tricky market conditions, stiff competition and extraordinary volume in the final months of the year, we expertly delivered our world class, workforce housing execution. It speaks to the overall viability and success of the SBL product. Truly remarkable.
Let’s dive right in to the results:
A whopping $3.4 billion was underwritten (1,224 loans) in Q4 alone, with $2.8 billion in commitments (995 loans). Ultimately, we funded approximately $2.16 billion from October through December – almost a third (29 percent) of our overall volume.
That’s a fourth quarter for the record books!
If there’s one word I want to leave you with it is: Celebrate! Celebrate what you’ve achieved during another phenomenal year – You earned it.
Again, thank you for your continued commitment to the program. There’s more to do, and the 2018 results have us pumped to get right to it. So, get ready for 2019 because SBL is here and we’re ready to ROCK ‘N’ ROLL.
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