Sales Boomerang has been recognized by
Mortgage Professional America (MPA) magazine as a 5-star mortgage tech provider.
“We are honored to have earned this award on behalf of the entire Sales Boomerang team, our clients and their borrowers,” Sales Boomerang CEO Alex Kutsishin said in a release. “Sales Boomerang works day in and day out to ensure lenders are able to present their borrowers with the right loan opportunities at the right time. We’re proud to share our ‘No Borrower Left Behind’ ethos with the mortgage industry and look forward to helping lenders reach new heights in customer satisfaction and retention.”
MPA chose Sales Boomerang for the role it has played at the first-ever fully automated borrower intelligence and retention system. Sales Boomerang enables loan officers to extend timely offers of help for individual borrowers by monitoring lenders’ customer databases to identify lending opportunities.
According to the company, it has discovered over $30 billion in new volume in total originations and helped lenders record up to 85 percent borrower retention rates, well over the industry average of 18 percent.
Sales Boomerang also debuted on Inc. magazine’s Inc. 5000 of America’s fastest growing companies, ranking number 101 overall and placing the company among the top 3 percent of all private companies in the U.S.
This was based on a three-year revenue growth of 3,882 percent and outpacing all other companies in the residential mortgage industry and outperforming the 2021 Inc. 5000’s average median three-year growth of 543 percent.
“All of us at Sales Boomerang are extremely proud to join the Inc. 5000 and especially to make our entrance in the top 3 percent of private companies nationwide,” Kutsishin said. “We dedicate this recognition to our amazing customers and team, who have made it possible for us to uplift an entire industry and begin changing the way it relates to – and earns the lifetime loyalty of – borrowers.”
Sales Boomerang also was recognized as the sixth fastest growing software company and the fourth fastest-growing company based in Maryland.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” Scott Omelianuk, Inc. editor-in-chief, said. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership and the help of a whole lot of people.”