DHI Mortgage

What DHI Mortgage does

DHI Mortgage Company, Ltd. is a wholly-owned mortgage lending subsidiary of D.R. Horton, Inc. (NYSE: DHI), America's largest homebuilder by volume for 24 consecutive years. Founded in 1978 and headquartered in Austin, Texas, DHI Mortgage operates as a captive lender serving buyers of D.R. Horton new construction homes, with a branch network spanning 34+ U.S. states supported by more than 500 named loan originators and approximately 251–500 employees. The company offers loan origination, processing, underwriting, and funding in-house, supplemented by electronic closing (eClose), online prequalification, a mortgage calculator, and the DHI Mortgage Home Buyers Club credit-building program, with bilingual Spanish-language servicing for Hispanic homebuyers and TX Vet/affordable housing programs.

Revenue is generated through transaction-based loan origination fees ($600–$1,795 flat depending on state and program), processing fees ($250–$300 per loan), and affiliated title insurance and hazard insurance revenue captured through wholly-owned sister entities DHI Title and D.R. Horton Insurance Agency. The go-to-market is direct-to-consumer via D.R. Horton new home sales centers and DHI Mortgage branches, with marketing supported by the corporate website, social channels, and the Home Buyers Club funnel. Technology is standard mortgage lending infrastructure — no proprietary AI/ML systems are disclosed, though the parent company made a strategic investment in AI mortgage POS provider Tidalwave in November 2025.

The business model is structurally captive: 100% of customer flow originates from D.R. Horton home purchases, making DHI Mortgage's revenue a derivative of parent homebuilder closings volume and capture rate. Legal exposure emerged in October 2025 via a class action alleging deceptive practices in homebuyer cost disclosures, which represents a material regulatory risk to the captive sales model.

Name

DHI Mortgage

Legal name

DHI Mortgage Company, Ltd.

Website

https://dhimortgage.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

251–500 employees

Short description

DHI Mortgage Company, Ltd. is the wholly-owned captive mortgage lending subsidiary of D.R. Horton, America's largest U.S. homebuilder. It finances buyers of D.R. Horton new construction homes across 34+ states through a branch network of 500+ loan originators, complemented by affiliated title and insurance services.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Purchase Mortgage Origination (Homebuyer Focused) (FSALAAAD)

Keywords

• Residential mortgage lending
• Home loan origination
• FHA VA loans
• Mortgage processing services
• New construction financing

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Loan Origination Fees: DHI Mortgage charges loan origination fees typically structured as 0% of loan amount plus a flat fee ranging from $600 to $1,795 depending on state and loan program. Additional fees may apply for Affordable Housing Loan Programs.
2. Processing Fees: Mortgage processing fees ranging from $250 to $300 per loan, covering the administrative costs of preparing loan files for underwriting.
3. Affiliate Title and Insurance Services: DHI Mortgage generates revenue through affiliated companies DHI Title (title insurance and closing services) and D.R. Horton Insurance Agency (hazard insurance). These corporate affiliates are 100% wholly owned by or subsidiaries of the same parent corporation, providing integrated mortgage, title, and insurance services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

DHI Mortgage Company, Ltd. provides residential mortgage lending services — loan origination, processing, underwriting, and funding — to homebuyers purchasing newly built D.R. Horton homes across 34+ U.S. states. Operating as the captive financing arm of D.R. Horton, the company also offers specialized programs including FHA loans, VA loans, Texas Vet loans, and an exclusive Home Buyers Club that allows buyers to pre-qualify and lock in rates before construction is complete.

Product overview

DHI Mortgage Company, Ltd. is a mortgage lending company and subsidiary of D.R. Horton, America's largest homebuilder. The company operates as a single unified mortgage lending product with several supporting modules and tools. Core offerings include mortgage loan origination for new construction homes, supported by supplementary tools including the DHI Mortgage Home Buyers Club® for credit-challenged borrowers, a Mortgage Calculator for payment estimation, an online pre-qualification portal, and electronic closing (eClose) capabilities. The company operates branch locations across multiple U.S. states and maintains affiliated relationships with DHI Title and D.R. Horton Insurance Agency for closing and insurance services.

Differentiator

Problem solved

Functional benefit

Products and services

• DHI Home Buyers Club Exclusive pre-qualification and rate-lock program for buyers of D.R. Horton homes, allowing them to secure financing terms prior to home completion. Targeted at prospective D.R. Horton homebuyers across 34+ states.
• FHA Loans Federal Housing Administration-insured mortgage loans for eligible low-to-moderate-income homebuyers purchasing D.R. Horton homes.
• VA Loans U.S. Department of Veterans Affairs-guaranteed mortgage loans for eligible veterans, active-duty service members, and qualifying spouses purchasing D.R. Horton homes.
• Texas Vet Loans Texas Veterans Land Board loan program offering favorable financing terms to eligible Texas veterans purchasing homes in Texas.
• Conventional Mortgage Loans Standard conforming and non-conforming residential mortgage loans underwritten to conventional (non-government) guidelines for D.R. Horton homebuyers.
• Mortgage Origination, Processing, Underwriting and Funding Full-service mortgage origination workflow covering loan application intake, processing, underwriting decisioning, and funding/closing for D.R. Horton homebuyers.

Named customers3 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• D.R. HortoncoreStrategic or Co-development PartnerDHI Mortgage is a wholly-owned subsidiary of D.R. Horton, America's largest homebuilder by volume for 24 consecutive years. This captive lender relationship provides guaranteed customer flow and integrated home purchase financing. DHI Mortgage leverages D.R. Horton's national homebuilding operations for distribution while providing mortgage financing to homebuyers.
• DHI TitlecoreStrategic or Co-development PartnerDHI Title (including DHI Title of Alabama, Arizona, Arkansas, Florida, Georgia, Louisiana, Nevada, New Mexico, South Carolina, Washington, and other state-specific entities) provides closing services and title insurance through multiple underwriters, including DHI Title Insurance Company. This affiliated company is 100% wholly owned by the same parent corporation as DHI Mortgage.
• D.R. Horton Insurance AgencycoreStrategic or Co-development PartnerD.R. Horton Insurance Agency, Inc. (located at 1341 Horton Circle, Arlington, TX 76011) provides hazard insurance services to DHI Mortgage customers. This corporate affiliate is 100% wholly owned by or a subsidiary of the same parent corporation. The affiliation is disclosed per RESPA requirements, noting that utilizing these services may provide DHI Mortgage a financial benefit.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Pulte Mortgage: Wholly-owned captive mortgage lender for PulteGroup, one of the largest U.S. homebuilders. Closest comparable to DHI Mortgage in structure, captive builder relationship, and centralized mortgage/title/insurance integration.
• Lennar Mortgage: Captive mortgage subsidiary of Lennar Corporation, the second-largest U.S. homebuilder. Directly comparable business model — financing primarily Lennar home buyers with affiliated title and insurance services.
• Toll Brothers Mortgage: Captive mortgage operation of Toll Brothers, a top-tier U.S. luxury homebuilder. Comparable in being a builder-owned lender focused on purchase mortgages for the parent company's home sales.
• Tri Pointe Mortgage: Captive mortgage financing arm of Tri Pointe Homes, a major U.S. homebuilder. Directly analogous model of builder-affiliated purchase mortgage origination for new construction buyers.
• Guild Mortgage: Publicly-traded U.S. retail mortgage lender with national branch network. Comparable in retail purchase-mortgage focus, geographic diversification, and mid-to-large scale operations.
• Movement Mortgage: Large private U.S. retail mortgage lender with national branch footprint. Comparable in being a non-bank retail lender with distributed branch origination, FHA/VA product mix, and purchase-mortgage emphasis.

Broad incumbents

• Rocket Mortgage: Largest U.S. retail mortgage lender by volume. Not a captive builder lender, but a dominant incumbent in the same residential mortgage origination market DHI Mortgage operates in — comparable in scale, product breadth, and regulatory exposure.
• United Wholesale Mortgage: Largest U.S. wholesale mortgage lender. Operates in the same residential mortgage origination space as DHI Mortgage but through a broker channel rather than captive retail — relevant comparable for origination volume and margin benchmarks.
• LoanDepot: Large U.S. retail and wholesale mortgage lender (LDLC). Comparable in retail purchase-mortgage focus, multi-channel originations, and digital servicing capabilities.
• NewRez (Rithm Capital): Top-15 U.S. mortgage originator and servicer, subsidiary of Rithm Capital (formerly New Residential). Comparable in retail and correspondent origination channels and servicing scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/dhimortgage
• LinkedInlinkedin.com/company/dhi-mortgage
• Instagraminstagram.com/dhimortgage

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about DHI Mortgage