Freedom Mortgage named to INC. 5000 list of Fastest Growing Companies for sixth consecutive year
The company grew despite mortgage industry downturn
MOUNT LAUREL, NJ – September 25, 2018 – Freedom Mortgage, one of the nation's top non-bank, full service mortgage lenders and a leader in government-insured lending, is proud to be 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 exclusive list. Freedom Mortgage is the largest NJ company as measured by revenue to earn placement on the list for six consecutive years. With an impressive 154% revenue growth rate 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 and is pleased to be one of only 15 financial services companies to earn this distinction. Freedom Mortgage has more than 2X 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 Freedom Mortgage
Freedom Mortgage is a non-bank, full-service mortgage company that provides mortgage loan servicing and originations through retail, wholesale, and correspondent channels. As the nation's fifth largest mortgage provider, licensed in all 50 states, Freedom Mortgage is renowned for providing world-class service to its clients, borrowers and partners. The company was founded in 1990 and is headquartered in Mount Laurel, New Jersey.
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