Home >> News >> Freedom Mortgage Ranks on Inc. 5000 List
Print This Post Print This Post

Freedom Mortgage Ranks on Inc. 5000 List

Freedom Mortgage, a full service mortgage lender, has been named to the 2018 Inc. 5000 list of the fastest growing private companies in the U.S. 2018 marks the sixth straight year that Freedom has been named to this list.  Freedom Mortgage is the largest NJ company as measured by revenue to earn placement on the list for six consecutive years. With an revenue growth of 154 percent over 3 years, Freedom Mortgage is ranked 2,716th on the list of 5,000.

By making the list for the sixth straight year, Freedom Mortgage earned a spot in the Inc. 5000 Hall of Fame, one of only 15 financial services companies to earn this distinction. Freedom Mortgage notes that it has more than twice the revenue of the next largest financial services company on the list.

Collectively, the companies on this year's Inc. 5000 list had $206.2 billion in revenue in 2017, up 158 percent from $79.8 billion in 2014. Companies were ranked according to percentage revenue growth from 2014 to 2017. To qualify, companies must have been founded and generated revenue by March 31, 2014. They must be U.S.-based, privately held, for-profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2017.

"We are very proud of receiving this honor for the sixth straight year.  It demonstrates what we achieved over a difficult period in the mortgage industry," said Stanley C. Middleman, Chairman and CEO of Freedom Mortgage. "We made the decision to grow Freedom Mortgage in the downturn and this ranking demonstrates the hard work of our employees and the dedication to serving our customers and fostering home ownership. We could not have this type of growth and success without them."

About Author: Seth Welborn

Seth Welborn is a Harding University graduate with a degree in English and a minor in writing. He is a contributing writer for MReport. An East Texas Native, he has studied abroad in Athens, Greece and works part-time as a photographer.

Check Also

Mortgage Rates Climb to 23-Year High Point

Freddie Mac reports that mortgage rates reached levels last seen in December 2000, as the 30-year fixed-rate mortgage rose 12 basis points week-over-week and low supply continues to create affordability challenges for prospective buyers.