Rate Companies Ranked No. 1 Mortgage Lender on Inc. Magazine’s List of Fastest-Growing Private Companies in Midwest
Huge leap to No. 27 overall powered by 371% revenue growth
CHICAGO (March 31, 2022)–Rate Companies, a leader in mortgage lending and digital financial services, surged 161 places to No. 27 on Inc. Magazine’s third annual Regionals Midwest list, becoming the highest-ranked mortgage company in the region with 371% two-year growth.
“To make such an incredible jump on this list means that our focus on serving our customers and growing our business as we rapidly expand in the Fintech space is really paying off,” said Rate President and CEO Victor Ciardelli.
The prestigious list recognizes 144 privately held companies that have shown a remarkable rate of growth in the Midwest region, which includes: Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio, South Dakota and Wisconsin.
“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” says Scott Omelianuk, editor-in-chief of Inc.
The new Inc. ranking comes as Rate Companies achieved its best year ever, increasing its total loan volume more than 50% from 2020 to over $116 billion. Driven by its award-winning digital mortgage platform and growing Fintech product suite, the organization has now serviced more than 1 million homebuyers across the country.
To learn more, please visit rate.com.
About Rate Companies
Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, the Rate Companies has more than 10,000 employees in over 850 branches across the U.S., serving all 50 states and Washington, D.C. Since its launch in 2000, Rate Companies has helped more than 1 million homeowners with home purchase loans and refinances, with a total loan volume of more than $116 billion in 2021 alone. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates and delivering unparalleled customer service. Honors and awards include: Top Lender for Online Service for 2018 by U.S. News & World Report; Best Mortgage Lender for Online Loans and Best Mortgage Lender for Refinancing by NerdWallet for 2021; HousingWire’s 2020 Tech100 award for the company’s industry-leading FlashClose℠ technology; No. 3 ranking in Scotsman Guide’s 2021 list of Top Retail Mortgage Lenders; Chicago Agent Magazine’s Lender of the Year for six consecutive years; and Chicago Tribune’s Top Workplaces list for seven consecutive years. Visit rate.com for more information.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc.5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
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