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UMortgage Ranks #88 on 2024 Inc 5000

Published: August 13, 2024

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UMortgage Ranks #88 on 2024 Inc 5000

PHILADELPHIA, PA., August 13, 2024 — Inc. has announced that UMortgage is ranked the 3rd fastest-growing private company in Pennsylvania on the 2024 Inc. 5000. This list recognizes the most successful independent and entrepreneurial businesses in the U.S. economy in the last 4 years. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.

In addition to ranking #4 for revenue growth in Pennsylvania, UMortgage also ranked #4 in the Philadelphia-Camden-Wilmington region, #11 for revenue growth in financial services, and #88 overall.

“It’s an honor to be named alongside our country’s leading companies on the Inc. 5000,” stated Anthony Casa, UMortgage President & CEO. “We’ve grown rapidly in a shrinking market, and this award truly exemplifies the hard work, team-first mentality, and leadership that have helped us scale exponentially.”

UMortgage’s growth can be directly attributed to its unique relationship-driven approach to the mortgage and homebuying process. With Loan Originators licensed in 48 states from coast to coast, UMortgage offers an experience that puts their individual financial needs at the forefront to provide an affordable personalized home loan that enables them to achieve financial freedom for decades.

In 2023, it celebrated its third consecutive year with more than 100% year-over-year growth in funded units and loan volume. Its loan volume growth has directly correlated to revenue growth with a 3,636% increase in yearly revenue from 2020 to 2023. This year, UMortgage tallied two record funding months in April and May as well as a record-breaking quarter with more than $700 million in loan volume in Q2. It is currently on pace for yet another record-breaking year with more than $3 billion in projected 2024 loan volume.

Its growth in 2024 can be tied to strategic additions to its executive leadership team. Patton Gade, National Director of Military Lending and Scotsman Guide #1 VA Originator, Andrew Chavez, National Director of Sales Development, and Jimmy Hobson, National Sales Leader, have collaborated to provide comprehensive daily coaching opportunities to UMortgage LOs that help them better serve their clients with greater knowledge and innovative sales strategies.

In 2024, UMortgage executives have been honored for their excellence in driving the platform forward with numerous recognitions from industry-leading publications. Casa was recognized for his excellence as President & CEO as he was awarded a spot on the 2024 Titan 100 and a 2024 Inman Best of Finance award.

Corie Meredith, VP of Marketing, was named a 2024 MPA Elite Woman, Mike Farah, Director of Sales Operations, was honored as a 2024 HousingWire Insiders awardee, and Kyle Koller, Branch Manager, earned a 2024 HousingWire Rising Stars honor.

UMortgage is actively blazing a trail within the mortgage industry to offer homebuyers fast, friendly, and flexible home loan solutions. Its innovative tech stack and competitive lender portfolio ensure that homebuyers and agents receive the most affordable mortgage rate possible from an experienced mortgage broker in their community.

“As we look ahead to the second half of 2024 and beyond, UMortgage is developing and rolling out AI enhancements that will streamline our sales processes and enable our LOs to connect with more prospective clients,” continued Casa. “We’ve laid a solid foundation to scale through a shrinking market and now that rates are trending lower, our best years are still ahead.”

If you’d like to learn more about how you can make a positive impact on your community as a UMortgage Loan Originator, stay up to date with all company updates by following UMortgage on LinkedIn.

About UMortgage

UMortgage is a national mortgage lender on a mission to create life-changing opportunities through homeownership. With Loan Officers licensed from coast to coast, an expansive suite of mortgage lenders to shop from, and a quick, clear, & communicative homebuying process, UMortgage is ushering in a modern mortgage experience catered to all homebuyers.

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