Inc. Magazine Unveils Its Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000

August 14, 2019

Kim Murphy

For the 7th Time, Ruoff Home Mortgage Appears on the Inc. 5000, Ranking No. 3209 With Three-Year Revenue Growth of 114%

Inc. magazine today revealed that Ruoff Home Mortgage is No. 3209 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. Of the tens of thousands of companies who have applied to the Inc. 5000 over the years, only a fraction have made the list more than once. A mere 1.5% of companies have made the list 7 times. Ruoff Home Mortgage is proud to be one of them.

“Being recognized on a national level, with such a prestigious honor as this, enforces the significant momentum that Ruoff Home Mortgage has been focused on,” said Music. “It’s a true testament to the talent and dedication of our team who work so hard on being second-to-none.”

Under Music’s vision and leadership, Ruoff Home Mortgage has grown exponentially (with 2018 revenue at $102.6 million) by adapting and getting ahead of the evolving industry, embracing technology, committing to a higher standard of customer satisfaction, and recruiting and retaining a talented workforce. All the while maintaining (and quite frankly, increasing) their standard of excellence. The company has a staggering 98.8% customer satisfaction rating, as rated by third-party provider Customerville Inc. They have ranked in the Top 100 mortgage companies in the country by industry-recognized groups.

Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.

“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

 

About Ruoff Home Mortgage

Founded in 1984, Ruoff Home Mortgage is a full-service residential mortgage company with more than 55 branches throughout Indiana, Ohio, Michigan, Kentucky and Florida. They have been ranked on the Inc. 500/5000 Fastest Growing Companies in America for the past seven years and are also ranked in the Top 100 Mortgage Lenders by Mortgage Executive Magazine and The Scotsman Guide. Ruoff Home Mortgage is also licensed to originate in 45 states.

More about Inc. and the Inc. 5000 Methodology

The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.- based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.

Topics: 2019

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Kim Murphy
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