ROYAL OAK, Mich., September 10, 2010 — Ross Mortgage, a regional full-service residential mortgage lender headquartered in Royal Oak, Mich., has earned a spot on the Inc. 5,000 list of the fastest-growing private companies in the country. Ross Mortgage president Tim Ross made the announcement.
Over the past three years, Ross Mortgage has experienced a 206 percent growth rate, placing it in the top 30 percent of companies nationally in terms of growth percentage. Among Michigan companies that made the list, Ross Mortgage placed 13th out of 85 total companies, placing the company in the top 15 percent.
“We are honored to be on this high-profile list,” said Ross. “We believe strongly in a professional philosophy that emphasizes reliability, integrity and old-fashioned business values. We are pleased to be recognized for the growth that has resulted.”
From a single branch startup, in 1983, Hugh and Tim Ross have built Ross Mortgage into a multi-branch, Fannie Mae, Ginnie Mae approved, full service residential mortgage banking company. In 1986, Ross Mortgage acquired Michigan Mortgage Corporation. Along with the servicing and portfolio and personnel, Ross assumed all that belonged to Michigan Mortgage, including their 1949 date of incorporation. As a result, Ross Mortgage Corporation celebrated 60 years of service to Michigan homebuyers in 2009.
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