American Mortgage Network Named to the Inc. 2023 List of 5,000 Fastest-Growing, Privately-Owned Companies in America

SAN DIEGO--(BUSINESS WIRE)--Inc. revealed that mortgage banker American Mortgage Network ESOP (AmNet), a 100% employee-owned company, has been named to the Inc. 2023 list of 5,000 Fastest-Growing, Privately-Owned Companies in America. For the first time in its four-year history, the company has earned the 997^th spot on the list of 5,000 companies as well as 153^rd in California, and 18^th in the San Diego-Chula Vista-Carlsbad, CA region.

Notably, American Mortgage Network secured the 63^rd spot among Financial Services companies on the Inc. 5000 list.

AmNet President and CEO Joseph S. Restivo noted, “Despite the recent challenges and the growing complexity of the business environment, our focus, as a 100% employee-owned company, is helping homebuyers and creating a work culture that encourages our existing and new talent to do the same. AmNet values drive our strategic decisions and actions. Our ownership model has helped us attract, recruit, and retain the talent that fuels our growth. Every employee-owner is responsible for the Inc. 5000 recognition.”

The ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges.

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning August 23.

About ESOP American Mortgage Network

American Mortgage Network (AmNet) is a 100% employee-owned company (ESOP) whose core business is originating primary residential mortgages. AmNet offers a full suite of purchase and refinancing products. It is a recognized leader in the VA market. AmNet targets all qualified borrowers for product offerings and is committed to fair lending practices. The company operates in 38 states. Visit us to learn more at: www.amnetmtg.com & www.amnetdirect.com

More about the Inc. 5000

Methodology

Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.