Gold Star Mortgage ranks #349 on Inc. 500 fastest-growing companies in America
ANN ARBOR, August 20, 2009 — Gold Star Mortgage Financial Group of Ann Arbor, Mi., was recently recognized on the Inc. 500 list as one of the fastest-growing privately held companies in America. They rank #349 overall and #14 in the financial service industry. Most impressively, based on volume and revenue, they are the #1 Mortgage Broker in the country.
In an industry that has lost over 65% of its work force since 2005, Gold Star Mortgage has achieved a 712.8% growth rate compared to negative percentages in a stagnant lending market. This percentage more than quadruples the median financial industry growth rate of 128.6%.
“Because of the current state of the economy, 354 banks and lenders have been forced to close their doors within the past three years,” said Daniel Milstein, CEO of Gold Star Mortgage Financial Group. “The hard work and dedication of each Gold Star employee has made our company a success.”
Of all Michigan-based corporations, Gold Star ranks #2 overall based on revenue and #4 based on growth percentage.
Within the past three years the rapidly growing, Michigan-based company has opened additional offices and has expanded lending to 14 states. Currently they employ more than 248 people. According to Milstein, Gold Star hopes to eventually serve their clients in all 50 states