Synergy One Lending

What Synergy One Lending does

Synergy One Lending, Inc. is a privately-held, San Diego-headquartered retail mortgage lender operating across the United States. Founded in 2013, the company originates purchase, refinance, and home equity loans under programs that include conventional, FHA, VA, USDA, jumbo, renovation, HELOC, bridge, and fixed-rate second mortgages. Its customer base consists of individual consumers and homeowners — including first-time buyers, military veterans, and rural buyers — served through a hybrid direct-to-consumer go-to-market that combines 65+ physical branch locations staffed by local loan officers with a digital self-serve stack anchored by the S1 Connect mobile application (built on the SimpleNexus platform), the s1l.com website, and a dedicated HELOC origination site.

The company's technology layer centers on a cloud-based mortgage origination platform with mobile-first digital application, document upload, and real-time loan-status tracking, supported by AI Assist for automated customer communications, automated valuation models (AVMs) that drive 5-minute HELOC pre-approvals, and embedded home valuation tooling via the Homebot integration. Revenue is generated transactionally through mortgage origination fees and the interest-rate spread earned on the secondary-market sale of originated loans, with personalized rate quotes produced on a pay-as-you-go basis subject to individual borrower credit and collateral profile. Supporting products such as S1 FinFit (personal finance and credit monitoring), Renters Advantage (rental-history underwriting for first-time buyers), and Reconsideration of Value extend the platform beyond core loan origination.

Synergy One has pursued a roll-up growth strategy, acquiring BBMC Mortgage in 2018 and Mann Mortgage in September 2024, and in June 2026 announced a merger with American Pacific Mortgage (APM) intended to create a combined retail mortgage platform with approximately $14 billion in annual loan production. Leadership is led by CEO Steve Majerus (25+ years in mortgage banking), President Aaron Nemec, and COO Nicole Abraham. The company is licensed across all 50 states (NMLS #1907235), is a Fannie Mae-approved lender, and operates consumer-data practices under a documented CCPA compliance program.

Name

Synergy One Lending

Legal name

Synergy One Lending, Inc.

Website

https://s1l.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Synergy One Lending is a privately-held, San Diego-based national retail mortgage lender that originates purchase, refinance, and home equity loans for individual consumers across all 50 U.S. states through a hybrid model of 65+ branch offices and a digital mobile-first origination platform (S1 Connect, HELOC, FinFit).

Ownership category

akta.pro rank

Product category

Retail Mortgage Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Government Wholesale Lending (FHA/VA/USDA) (FSALACAE)

akta.pro secondary industry

Jumbo & Portfolio Wholesale Lending (FSALACAF)

Keywords

• Mortgage lending services
• Home equity loans
• Loan origination
• Mortgage refinancing
• VA loan programs

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Offices47 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Mortgage Origination Fees: Revenue generated from originating mortgage loans including purchase mortgages, refinances, and home equity products. Fees include origination charges, underwriting fees, and closing costs collected at loan settlement.
2. Interest Rate Spread: Revenue earned through the spread between rate charged to borrowers and cost of funds in secondary mortgage market sales
3. HELOC Products: Home equity line of credit origination revenue with fixed-rate options ranging from $20,000 to $750,000

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Synergy One Lending is a national retail mortgage lender that originates home purchase loans (conventional, FHA, VA, USDA, jumbo, renovation), refinances, and home equity products (HELOC, fixed-rate second mortgage, bridge loan) for individual consumers. Loans are originated through a hybrid channel of 65+ local branch loan officers, an inside sales team, the s1l.com website, and the S1 Connect mobile application. Revenue is generated primarily through origination fees charged at loan settlement and through the interest-rate spread when loans are sold into the secondary mortgage market.

Product overview

Synergy One Lending offers a comprehensive mortgage lending platform under 'The Modern Mortgage Experience' brand. The core product portfolio centers on S1 Connect, a mobile-first loan application platform, and S1 HELOC, a digital home equity line of credit. The company provides a full suite of mortgage products including VA Loans, Conventional Loans, FHA Loans, USDA Loans, Jumbo Loans, and Renovation Loans. Additional offerings include specialized programs like Renters Advantage (for first-time buyers with rental history) and Bridge Loans for homeowners transitioning between properties. Supporting tools include S1 FinFit for credit monitoring, mortgage calculators, and rate quote tools. The platform emphasizes digital-first processing with automated valuations and quick funding timelines.

Differentiator

Problem solved

Functional benefit

Brands

• S1L: Shortened brand name and mobile app platform for Synergy One Lending mortgage services
• Renters Advantage
• S1 HELOC
• S1 FinFit
• S1 Connect

Products and services

• S1 Connect Mobile App Mobile-first digital mortgage application platform that lets consumers apply for a home loan from anywhere, securely scan and upload documents, and follow loan progress through funding. Targeted at U.S. consumer borrowers across all S1L programs (purchase, refinance, HELOC).
• S1 HELOC (Home Equity Line of Credit) Home equity line of credit ranging from $20,000 to $750,000 with fixed-rate options of 5, 10, 15, or 30 years, offered 100% online with 5-minute pre-approval and 5-day funding using automated valuation models. For U.S. homeowners seeking flexible access to home equity for debt consolidation, renovation, tuition, or other major expenses.
• Conventional Loans Standard, non-government-insured purchase or refinance mortgage loans offered at competitive rates to borrowers with strong credit profiles and the ability to make a conventional down payment.
• FHA Loans Federal Housing Administration insured purchase mortgages that lower the barrier to homeownership through reduced down payment requirements and more flexible credit qualification. Targeted at first-time and lower-down-payment U.S. homebuyers.
• VA Loans U.S. Department of Veterans Affairs mortgage loans for eligible veterans, active-duty service members, and qualifying spouses that feature favorable terms, including the potential for zero down payment. Originated by S1L as a VA-approved lender.
• USDA Loans USDA Rural Development loans offering zero down payment financing for eligible properties in designated rural and suburban areas, subject to program income limits. Targeted at rural and suburban U.S. homebuyers.
• Jumbo Loans Non-conforming purchase or refinance mortgages above the applicable conventional conforming loan limits for buyers and owners of high-value properties.
• Renovation Loans Mortgage product combining the purchase or refinance of a home with financing for property improvements, allowing a single-loan structure for both the property and renovation costs.
• Fixed-Rate Second Mortgage Secondary mortgage that provides a fixed interest rate and predictable monthly payments for homeowners looking to access built-up equity without disturbing their first mortgage.
• Bridge Loan Short-term financing that lets a homeowner use equity from their current home as a down payment on a new property before selling the existing home, easing the transition between properties.
• Renters Advantage First-time homebuyer program that lets renters with 12+ months of positive rental payment history apply that history toward mortgage qualification, with up to $500 in closing credit. Targeted at renters transitioning to homeownership.
• S1 FinFit Standalone personal finance mobile and web app providing credit monitoring and financial management tools to help prospective and existing mortgage customers track their financial health.

Quantifiable outcome

• 96% Net Promoter Score
• +5 more outcomes

Named customers4 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• American Pacific Mortgage (APM)coreStrategic or Co-development Partner · 12 June 2026Merger creating a $14 billion retail mortgage platform. Synergy One Lending operates as a division within APM with key leadership roles filled by Synergy One's CEO. The merger aims to expand product offerings and technological investment.
• Mann MortgagecoreStrategic or Co-development PartnerMann Mortgage, a family-owned business based in Kalispell, merged with Synergy One Lending. The merger aims to enhance technological capabilities and rates for customers, with some employees transitioning to Synergy One.

Scale indicators6 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Rocket Mortgage: Largest U.S. retail mortgage originator with digital-first marketing and a broad consumer-facing brand. Directly comparable to Synergy One on retail origination model, tech-led customer experience, and multi-channel product mix, but operates at materially larger scale and brand recognition.
• United Wholesale Mortgage (UWM): Largest U.S. wholesale mortgage lender partnering with independent mortgage brokers. Adjacent business model (wholesale rather than retail), but competes for loan officers, technology investment, and agency origination volume with Synergy One.
• NewRez (Rithm Capital): Top mortgage originator and servicer operating across retail, wholesale, and correspondent channels. Comparable product breadth and customer segments, with greater servicing scale than Synergy One.

Direct peers

• loanDepot: National retail mortgage lender offering purchase, refinance, and HELOC products through a combination of loan officers, branches, and digital channels. Closely comparable product mix and customer segments as Synergy One, with similar technology investments.
• Guild Mortgage: National retail mortgage lender with broad product suite (purchase, refi, FHA, VA, USDA, Jumbo, HELOC) and a branch-based distribution model. Very similar operating model and customer base as Synergy One, with comparable scale in retail origination.
• Movement Mortgage: Top-10 U.S. retail mortgage lender offering purchase and refinance loans with a distributed loan officer model. Comparable branch-and-loan-officer structure, agency loan product mix, and customer segments as Synergy One.
• Caliber Home Loans: National mortgage originator with retail and correspondent channels focused on purchase and refinance across agency, jumbo, and non-QM products. Comparable multi-channel origination model and customer base.
• Cornerstone Home Lending: Top-25 retail mortgage lender offering purchase and refinance with a branch-based distributed model across the U.S. Comparable branch-and-loan-officer structure, product suite, and customer segments as Synergy One.
• New American Funding: Top-15 U.S. retail mortgage lender with nationwide branches and a focus on diverse borrower programs (including Hispanic homeownership initiatives). Similar retail-led model, multi-channel distribution, and agency product mix as Synergy One.

Emerging players

• Better.com: Digital-first mortgage lender focused on a fully online application and approval experience. Comparable technology-led value proposition and target consumer segments, though smaller branch footprint and less reliance on local loan officers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/synergy1lending
• Facebookfacebook.com/SynergyOneLending
• LinkedInlinkedin.com/company/synergy1lending
• Instagraminstagram.com/synergyonelending

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Synergy One Lending