News

Q10 Posts a Record Year in 2015

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  • 2015 total production was $5.02 billion up 33% from 2014’s $3.719 billion.
  • This was our best year since 2007’s $5.541 Billion.
  • Total number of loans closed for the year was 690 up from 535 in 2014.
  • Q4 was up about 3.5% over Q4 of 2014 in dollar volume.
  • Average loan size for 2015 was $7.174 million up from $6.951 in 2014
  • Life company production was $2.715 Billion with 400 loans or 55% of the total dollar volume followed by conduit at $906 Million or 18% of production and banks at $591 Million or 12% of the total.
  • The majority of this year’s increase came from life company lending (up $848 million from 2014 and Fannie/Freddie up $288 Million).