MOUNTLAKE TERRACE, Wash. – October 25, 2005 – For the second year in a row, MILA, Inc. has been recognized as one of the fastest growing companies in the state. With annual volume expected to hit $5 billion this year and a three-year growth of 803 percent, all signs point to a future of continued success.
The 23 year old mortgage lender credits much of its recent prosperity to the introduction of its proprietary online loan management tool named AccessPoint. Developed by brokers for brokers, AccessPoint provides 24 x 7 real-time access to the loan pipeline and enables MILA to produce a loan commitment – complete with loan specific conditions – in seconds.
“We’re elated with the recent growth we’ve seen as a result of AccessPoint,” explained Layne Sapp, founder and CEO, “and getting recognized as the only mortgage lender to make the Top 25 on this year’s list proves that moving forward as a leading e-commerce mortgage solutions provider is the right decision for MILA”
This is the first time in many years that the famous Puget Sound Business Journal Fast100List included companies beyond the immediate region, adding to the prestige of making the cut for the second year under stiffer competition. And with expansion to new larger offices in Lynnwood planned and additional enhancements to AccessPoint already underway, the momentum at the Mountlake Terrace lender shows no signs of slowing.
About MILA Inc.
MILA, Inc. is one of the fastest-growing e-commerce mortgage solution providers in the nation currently serving the wholesale residential market in 26 states with a broad range of alternative mortgage lending products. Financial strength, management stability, and proprietary, cutting-edge technology give MILA the ability to meet the challenges of the ever-changing mortgage lending market and to anticipate market trends. For more information go to www.mila.com.
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