For the 9th Time, Ruoff Mortgage Appears on the Inc. 5000,
Ranking No. 1590
FORT WAYNE, IN (August 17, 2021) –Inc. magazine today revealed that Ruoff Mortgage is No. 1590 on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. This year also represents Ruoff Mortgage’s ninth consecutive year making the list – an honor that less than 1% of companies on the list can claim.
Despite the many challenges of 2020, Ruoff Mortgage leaned on its advancing technology to help homebuyers continue the path to homeownership. The company has experienced revenue growth year over year, but especially last year with a 294 percent growth overall. President and CEO, Mark Music, accredits this growth to his employees and Ruoff’s technological advances. “Being recognized on a national level, not to mention for nine years in a row, enforces the significant momentum that Ruoff 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.”
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year's list also proved especially resilient and flexible given 2020's unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
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.
"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," says Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people."
About Ruoff Mortgage:
Ruoff Mortgage is a full-service residential mortgage company with more than 1,000 employees at 70+ locations throughout Indiana, Ohio, Michigan, Kentucky, and Florida and originates in 45 states through their online consumer direct division. They have appeared in the Top 100 Mortgage Companies in America and Top Mortgage Employer lists by several industry publications. Ruoff Mortgage has a 97.8% customer satisfaction rating, as compiled by CX leader, Customerville. www.ruoff.com
More about Inc. and the Inc. 5000 Methodology
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.