News Alert

Open Mortgage, a national multi-channel mortgage lender dedicated to empowering the dream of homeownership, has been recognized as one of the top private companies in central Texas by the Austin Business Journal, ranking No. 18 on the publication’s annual list by gross revenue. The identified top privately-held companies represent some of the region’s most successful businesses with local headquarters.

“Despite the challenges brought on by 2020, Open Mortgage’s team of more than 400 dedicated employees has continued to capitalize on new opportunities and pushed forward to achieve sustained revenue growth for the company,” said Scott Gordon, Founder, and CEO of Open Mortgage. “Amidst record-low interest rates and a surge in home loan adoption, our valued team members, along with our network of trusted third party originators and vendor partners, have rallied to continue to deliver a better mortgage experience and help more customers fulfill the dream of homeownership than ever before.”

Open Mortgage’s growth momentum accounted for the company doubling volume and unit counts in 2020 compared to 2018. As an accomplished lender of traditional loans and a national top-10 reverse mortgage lender, the business operates 68 retail branches from its Austin headquarters.

The Austin Business Journal’s top 50 Austin-based private companies listmakers collectively reported $9.25 billion in revenue for 2020 and employed 13,905 people locally and more than 240,000 employees company-wide. The list is compiled from research including surveys, news reports, and the public domain.

For more information and to view the full Austin Business Journal private companies list, visit bizjournals.com/austin.

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