Franklin, TENN. (February 2005) – Franklin American Mortgage Company is pleased to announce it has been selected from among Nashville’s most powerful companies as the 2004 Top Company with 101 to 500 employees. This prestigious award is part of the Nashville Business Journal’s annual Best in Business Awards.
FAMC, a privately-held mortgage banking ﬁrm headquartered in Franklin, Tennessee, has been an Inc 500 company for ﬁve years running, and was recently named to the Inc. 500 Hall of Fame, placing it among only 65 companies nationwide to ever merit this honor. The company has experienced an increase in revenue of more than 660% over the past ﬁve years, making it one of the top ﬁve fastest growing mortgage companies in the U.S.
“Our company’s strong commitment to providing every customer with top- quality service is one of our most valuable assets and I believe is the main contributor to our consistent growth over the past few years,” said Dan Crockett, FAMC President and CEO. “During a time when our industry is projected to be down as much as 65 percent over the previous year, we project our company will remain solid because of a foundation built with the right people whose main focus is our customer base.”
Crockett purchased the company 11 years ago and has since grown the company from a ﬁve employee mortgage broker operation into today’s 250-employee multi-faceted mortgage banking company with three divisions: retail, wholesale and correspondent. FAMC offers a variety of mortgage services from coast to coast with a total of $6 billion in annual lending volume.
FAMC’s correspondent lending division services banks and mortgage bankers across the nation; the wholesale division underwrites and funds loans for mortgage brokers using some of the most sophisticated technology in the business; and the retail division, the company’s oldest division, services customers in Tennessee, South Carolina and Northern Florida.
We owe our recognitions, like the one from the NBJ, to our dedicated employees and our loyal customer base whose combined efforts keep our balance sheet strong,” said Crockett.