Lenders, brokers celebrated on the 2023 Fastest-Growing Companies list
Several mortgage lenders have made the Inc. 5000 fastest-growing private companies in the United States in 2023.
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have a minimum revenue required - for 2019 it was $100,000; the minimum for 2022 was $2 million.
Among the list was non-QM lender A&D Mortgage, which climbed to 1,472, thanks to its 392% three-year revenue growth.
“We are ecstatic and honored to be included in the Inc. 5000 list of 2023, a true reflection of our team’s hard work and unwavering dedication,” A&D Mortgage CEO Max Slyusarchuk said. “This achievement underscores our commitment to delivering exceptional services to our clients while maintaining a sustainable and robust growth trajectory in a challenging rate environment.”
Another direct private lender that made the list was RCN Capital, ranking no. 3,552. RCN provides commercial loans for real estate investors. The Connecticut-based lender posted 139% revenue growth and made the list for the third year.
“The Inc. 5000 continues to be the gold standard of success for US companies. Appearing alongside other hugely successful companies for the third year in a row is truly an honor for RCN Capital,” said Jeffrey Tesch, CEO of RCN Capital. “After already surpassing the major milestone of closing over 20k loans since inception this year, I commend the dedication of our amazing employees that have made this all possible. We would not be hitting such tremendous achievements year after year without their hard work and support. RCN’s catchphrase, ‘we’re just getting started,’ feels truer than ever.”
Notably, American Mortgage Network (AmNet) earned the 997th spot on the fastest-growing private companies list and secured the 63rd spot among financial services companies.
AmNet president and CEO Joseph Restivo commented: “Despite the recent challenges and the growing complexity of the business environment, our focus, as a 100% employee-owned company, is helping homebuyers and creating a work culture that encourages our existing and new talent to do the same. AmNet values drive our strategic decisions and actions. Our ownership model has helped us attract, recruit, and retain the talent that fuels our growth. Every employee-owner is responsible for the Inc. 5000 recognition.”
Other mortgage companies on the list included: Maxwell (no. 658), MortgageDepot (no. 2,829), CrossCountry Mortgage (no. 3,020), and more. You can check out the list here.
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