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Gold Star Mortgage Ranks #3 on Crain's 2009 List of Largest Mortgage Lenders

Gold Star Mortgage Financial Group was recently classified as one of the top 500 fastest growing privately held companies in America by the 2009 Inc. 500 list. In addition to this achievement Gold Star now holds the #3 spot on Crain's 2009 List of Largest Mortgage Lenders in Michigan.

Inc. Magazine Names Gold Star Mortgage Financial Group #349 On Inc. 500 List

Inc. Magazine Names Gold Star Mortgage Financial Group #349 On Inc. 500 List

Local Gold Star Mortgage quietly expands

While the mortgage industry shrinks amid a nationwide credit crunch and boom in loan delinquencies, an Ann Arbor mortgage company is quietly growing its presence nationwide. Gold Star Mortgage Financial Group has opened five offices during the past year in Michigan and others in Texas and Florida. The full-service brokerage has 200 employees and has grown its loan origination volume from $300 million in 2003 to $1.1 billion in 2007, according to chief executive officer Daniel Milstein. He expects loan volume to grow another 20 percent to 25 percent this year.

Gold Star buys HelpSource site

Gold Star Mortgage Financial Group Chief Executive Officer Daniel Milstein recently bought the soon-to-be vacated HelpSource building in Ann Arbor and plans to move his lending company's headquarters there by early September. Milstein bought the site on Packard just west of Carpenter Road for about $1.3 million and plans to invest another $170,000 to $245,000 in improvements to the parking lot, interior and grounds.