Courtesy photo

Boston-based Guaranteed Rate loan originator Shant Banosian has originated $1 billion in loans nationwide this year, the company said, citing internal data that runs through June 15.

Banosian originated around $1.7 billion in loans last year, hitting the $1 billion mark in late summer. Of that tally, $626 million were purchase mortgages and $901.7 million were refinance loans for properties in Massachusetts according to The Warren Group, publisher of Banker & Tradesman.

According to the most recent data available from The Warren Group, Banosian had issued nearly $865 million in loans in Massachusetts through the end of May 2021 – 1,643 purchase loans worth $260.8 million and 1,173 refinance loans worth $604.14 million.

“What Shant’s doing is incredible. Funding this much volume in less than six months shows his amazing dedication and true commitment to everyone around him,” Guaranteed Rate President and CEO Victor Ciardelli said in a statement. “Given how big he dreams and how well he and his team leverage our innovative system, it’s not surprising he crossed the billion-dollar mark three months faster than he did last year.”

The next-most prolific loan originators in Massachusetts, Guaranteed Rate’s Andrew Marquis and Draper and Kramer Mortgage Corp.’s Indy Johar, have originated 673 loans worth $350.86 million and 775 loans worth $307.74 million, respectively, through May 31, according to The Warren Group. All three were named to lists of 2020’s top loan originators statewide and in specific regions of the state by Banker & Tradesman.

Correction 9:54 a.m. June 24, 2021: Due to incorrect information in a press release, an earlier version of this story incorrectly reported the speed with which Banosian originated $1 billion in loans. Banosian crossed that mark three months earlier than he did in 2020.