Inc. Magazine has announced the winners of its 37th annual Inc. 5000, ranking the nation’s fastest-growing private companies, and several heavy hitters in the housing space made the list.
The companies selected were recognized for their revenue last year and their growth over the past three years. Collectively, they earned $206.2 billion in revenue in 2017, up 158% from the $79.8 billion earned by 2014's winners.
"If entrepreneurs are the lifeblood of an economy, consider Inc.'s ranking of 5,000 companies America's circulatory system," Inc. stated before listing what it called the "most inspiring companies" of 2018.
Here are some of the companies in the housing space that made Inc's list:
Total Expert
No. 337, Total Expert earned a compounded annual growth rate of 284% since 2015. Total Expert provides a centralized marketing system of record and CRM software solution, and is also a HousingWire Tech100 winner.
SimpleNexus
No. 359, SimpleNexus earned $3.9 million last year and grew 1,405% in the last three years. SimpleNexus is a fintech company that offers a private-label solution that connects lenders with its borrowers and Realtors to a single, branded solution to easily exchange data and documents throughout the entire loan lifecycle. Notably, the company is also a 2018 HousingWire Tech100 winner.
Griffin Funding
No. 693, Griffin Funding earned $4.1 million last year and grew 727% in the last three years. Griffin Funding is a mortgage company originating loans throughout Arizona, California, Colorado, Hawaii, Texas and Washington.
Homeside Financial
No. 853, Homeside Financial earned $73.6 million last year and grew 589% in the last three years. Homeside provides mortgages and counseling to homebuyers.
Anchor Loans
No. 886, Anchor Loans earned $122 million last year and grew 564% in the last three years. Anchor Loans is a “fix-and-flip” lending service, providing real estate agents options for their property investments.
Land Gorilla
No. 957, Land Gorilla earned $6 million last year and grew 516% in the last three years. Also a HousingWire Tech100 winner, Land Gorilla is a construction lender tech company that boasts over 30 years of experience in construction lending.
Nations Lending
No. 1920, Nations Lending earned $118.7 million last year and grew 233% in the last three years. Nations lending specializes in Federal Housing Administration loans and Veteran Affairs loans.
Movement Mortgage
No. 2109, Movement Mortgage earned $603.7 million last year and grew 210% in the last three years. Movement provides real estate services for Realtors and originates both traditional and refinance loans. In June, the company launched a technology competition to develop a new mobile operating system for loan officers.
RoundPoint Mortgage Servicing Corporation
No. 2386, RoundPoint Mortgage Servicing earned $146 million last year and grew 182% in the last three years. In 2017, the company expanded its services to mortgage lending, and earlier this year it hired five new executives.
Freedom Mortgage
No. 2716, Freedom Mortgage earned $1154.7 million last year and grew 145% in the last three years. Freedom Mortgage assists homebuyers looking to purchase or finance a home. In 2017, it acquired New York Community Bank.
GSF Mortgage
No. 2837, GSF Mortgage earned $30.5 million last year and grew 145% in the last three years. GSF provides reverse mortgages, home and construction loans and refinancing. In August, the company launched a program to speed the home buying process in an effort to solve housing inventory issues.
New American Funding
No. 3239, New American Funding earned $443 million last year and grew 122% in the last three years. With branches in 41 states, it provides mortgages and refinance loans. Late last year, the company funded approximately $900 million in home loans per month and grew its servicing portfolio to $22 billion.
The Federal Savings Bank
No. 3485, The Federal Savings Bank earned $157 million last year and grew 108% in the last three years. The company provides mortgage lending to consumers nationwide.
Check out a full list of 2018 Inc. 5000 winners here.
