FORT WAYNE, IN (October 7, 2016) –Residential mortgage lender Ruoff Home Mortgage announced today that for the first time in the company’s history, they surpassed $1 billion in total annual loan volume with nearly a quarter of the year remaining. This represents an incredible 53 percent year-over-year increase and the firm is on track to close $1.32B by year’s end. Terre Haute area homebuyers, Craig & Marissa Pearson, were at the closing of the purchase of their new home when they learned that their transaction was the one that put Ruoff over the $1 billion milestone. To celebrate, they were offered a special incentive to help lower their payment over the life of their mortgage loan.
“This is truly a testament to the hard work and dedication of all of our Ruoff staff,” commented Ruoff Home Mortgage president and CEO, Mark Music, about the milestone. “And we are especially glad that the Pearson’s now hold a special place in our family of happy homebuyers. Our goal for more than 30 years has been to make the dream of home ownership a reality and we are honored to have served all of our customers.”
The $1 billion milestone comes on the heels of the company being named in August for the fourth consecutive year to the prestigious Inc. 500 Magazine of the top 5000 “Fastest Growing Private Companies in America” list.