JMAC Lending
JMAC Lending is a privately held wholesale and correspondent mortgage lender founded in 1997, serving independent mortgage brokers and correspondent lenders across 40+ U.S. states with a full suite of agency, government, Non-QM, DSCR, and jumbo loan products.
- Company typePrivate
- Founded1997
- HeadquartersCosta Mesa, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What JMAC Lending does
JMAC Lending, Inc. is a privately held wholesale and correspondent mortgage lender founded in 1997 and headquartered in Costa Mesa, California. The firm operates exclusively through Third Party Originator (TPO) channels, providing funding, underwriting, and loan products to independent mortgage brokers and correspondent lenders rather than lending directly to consumers. JMAC holds approved Seller/Servicer status with Fannie Mae, Freddie Mac, and Ginnie Mae, and is licensed to operate in 40+ U.S. states.
JMAC's product portfolio spans the full agency and non-agency spectrum: conforming and high-balance Fannie Mae/Freddie Mac products (HomeReady, Home Possible, HomeOne, RefiNow), government-insured FHA/VA/USDA loans, and a broad non-QM specialty suite led by DSCR products (DSCR PRIME, Venice DSCR), Zuma, Balboa, Newport, Carmel, and Limited Docs, plus jumbo/high-balance options (Jumbo Plus+, Malibu Plus, Manhattan Plus, Monterey, Newport Jumbo ARMs) and Closed-End Second Mortgages. The firm runs the JMAC Connect Portal for partner loan submission and status tracking, integrated with industry-standard LOS and pricing engines, and outsources loan servicing to LoanCare.
JMAC earns revenue through transaction-based net gain on sale of originated and correspondent-purchased loans to GSE and secondary-market investors, supplemented by servicing fees on retained servicing. Distribution is driven by named Account Executives managing broker relationships, supplemented by participation in industry conferences (NAMB, FAMP, CAMP, California Mortgage Expo), webinars, daily rate-sheet distribution, and educational content. Christina Pham is Founder, President, and CEO; the firm employs 101-250 people and is privately held with no disclosed institutional funding.
JMAC Lending firmographics
Firmographics- Name
- JMAC Lending
- Legal name
- JMAC Lending, Inc.
- Website
- https://jmaclending.com
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- JMAC Lending is a privately held wholesale and correspondent mortgage lender founded in 1997, serving independent mortgage brokers and correspondent lenders across 40+ U.S. states with a full suite of agency, government, Non-QM, DSCR, and jumbo loan products.
- Ownership category
- akta.pro rank
JMAC Lending industry classification
Industry- Product category
- Wholesale Mortgage Lending
- NAICS
- Real Estate Credit (522292), Nondepository Credit Intermediation (5222)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Wholesale Mortgage Lending (Broker Channel) (FSALACAA)
- akta.pro secondary industries
- Non-QM & Specialty Wholesale Lending (Bank Statement/DSCR/Alt-Doc) (FSALACAD), Jumbo & Portfolio Wholesale Lending (FSALACAF)
Keywords
Where JMAC Lending is headquartered
LocationHeadquarters
- HQ city
- Costa Mesa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
JMAC Lending business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Wholesale Lending: JMAC funds loans for mortgage brokers who submit applications on behalf of borrowers. The broker acts as the loan originator while JMAC underwrites, funds, and sells the loan to investors, earning the spread between origination and sale.
- Correspondent Lending: Correspondent lenders fund loans under their own NMLS# with their warehouse line, then sell closed loans to JMAC. JMAC earns fees for underwriting review and loan purchase, and may retain servicing or sell with servicing released.
- Loan Servicing: JMAC services loans for borrowers, collecting monthly payments and managing escrow accounts. Revenue comes from servicing fees paid by investors who purchase the loans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Broker Compensation Designation |
| Transaction based/ take rate | Annual | VA Broker Processing Fee |
| Other | Pay-as-you-go | Correspondent Minimum Net Worth |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
JMAC Lending product offering
Product offeringCore offering
JMAC Lending is a wholesale and correspondent mortgage lender that underwrites, funds, and sells residential mortgage loans originated by independent mortgage brokers (TPO partners) and correspondent lenders. It offers a full product suite including Conforming, FHA, VA, USDA, Jumbo/High-Balance, and Non-QM programs (including DSCR investment property loans), distributed exclusively through two B2B channels rather than direct-to-consumer.
Product overview
JMAC Lending is a wholesale and correspondent mortgage lender operating since 1997 (over 28 years in business), offering a comprehensive suite of loan products through two distribution channels: Wholesale (for third-party originators/brokers) and Correspondent (for lenders funding with their own warehouse lines). The product portfolio includes: (1) Government/Conforming products — Fannie Mae and Freddie Mac conforming and high-balance loans, the HomeReady, Home Possible, HomeOne, and RefiNow programs; (2) Government insured products — FHA purchase/cash-out/Streamline refinance and VA purchase/cash-out/IRRRL; (3) Non-QM specialty products — DSCR PRIME, Venice DSCR, Zuma, Limited Docs, Balboa, Newport Non-Conforming, and Carmel Non-Conforming; (4) Jumbo/High-Balance products — Jumbo Plus+, Malibu Plus, Manhattan Plus, Monterey, and Newport Jumbo ARMs; (5) Secondary financing — Closed-End Second mortgages up to $500K. All products are supported through the JMAC Connect Portal and the company holds Fannie Mae, Freddie Mac, and Ginnie Mae seller/servicer approvals.
Differentiator
Problem solved
Functional benefit
Products and services
- Fannie Mae Conforming / High-Balance Loans
Quantifiable outcome
- Loan decisions in 1 business day
- +1 more outcomes
Companies that use JMAC Lending
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles2 records
JMAC Lending technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
JMAC Lending partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- LoanCarecoreLoanCare is a subservicer for JMAC Lending, handling loan servicing operations. JMAC has partnered with LoanCare since 2012 to ensure borrowers receive high-level customer service. LoanCare has a seasoned loan servicing team with senior managers averaging more than 25 years of experience in the mortgage and financial services industry, focused on customer satisfaction and loyalty.
- Fannie MaecoreJMAC Lending is an approved Fannie Mae Seller/Servicer, enabling the company to sell conforming loans to Fannie Mae and service loans on their behalf. This partnership allows JMAC to offer conventional loan products and access the secondary mortgage market.
- Freddie MaccoreJMAC Lending is an approved Freddie Mac (FHLMC) Seller/Servicer, enabling the company to sell conforming loans to Freddie Mac and service loans on their behalf. This partnership provides access to the secondary mortgage market for conventional loan products.
- Ginnie MaecoreJMAC Lending is an approved Ginnie Mae Seller/Servicer, enabling the company to participate in government loan programs including FHA and VA loans. This partnership allows JMAC to pool government loans for sale to investors through Ginnie Mae securities.
- State Licensing AuthoritiescoreJMAC Lending holds licenses in over 40 states and the District of Columbia, regulated by state banking departments, financial institutions departments, and consumer finance protection agencies. State licensing enables JMAC to originate loans in each respective jurisdiction.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
JMAC Lending competitors and assessment
Company assessmentDirect peers
- Plaza Home Mortgage: National wholesale and correspondent mortgage lender with strong non-QM and DSCR product offerings (CalPrime, CalHFA, Plaza Non-QM). Closely comparable to JMAC in channel mix and non-QM specialization, with overlapping broker relationships.
- Caliber Home Loans: Large nonbank mortgage originator with a meaningful wholesale/correspondent channel alongside retail. Comparable to JMAC in multi-channel structure and product breadth, with greater scale and recapture capabilities.
- United Wholesale Mortgage (UWM): Largest U.S. wholesale mortgage lender, operating exclusively through the broker channel with a comprehensive product suite including agency, jumbo, and non-QM. Direct competitor to JMAC in the wholesale broker space, with materially greater scale and broker market share.
- Homepoint: National wholesale and correspondent mortgage lender offering agency and non-QM products through broker and correspondent channels. Closely comparable to JMAC in channel mix (wholesale + correspondent), product breadth, and mid-tier positioning.
- Paramount Residential Mortgage Group: National retail and wholesale mortgage lender offering a wide product menu including conventional, government, and non-QM. Comparable mid-tier wholesale peer with similar broker-focused service model and broad product suite.
- NewRez (formerly New Penn Financial): National mortgage lender operating wholesale, correspondent, and direct-to-consumer channels with a broad product suite including non-QM. Comparable to JMAC in channel mix, scale tier, and emphasis on broker technology integration.
- Rocket Pro TPO: Rocket Mortgage's wholesale broker division, one of the largest TPO operations in the U.S. Competes head-to-head with JMAC on broker pricing, technology (Rocket Logic), product breadth, and turn times, backed by Rocket's capital and brand.
- loanDepot Wholesale: Wholesale lending arm of loanDepot, providing agency, jumbo, and specialty products to mortgage brokers. Direct competitor to JMAC in the broker channel with overlapping geographic footprint and product offerings.
Emerging players
- Angel Oak Mortgage Solutions: Non-QM-focused mortgage company (wholesale, correspondent, and retail) with significant expertise in non-agency products including bank statement, DSCR, and asset-based loans. Comparable to JMAC's non-QM product specialization and broker/wholesale positioning.
- Deephaven Mortgage: Non-QM and DSCR-focused mortgage lender operating through wholesale and correspondent channels. Comparable to JMAC in non-QM specialization, particularly DSCR investor lending, though with a narrower product scope outside of non-QM.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
JMAC Lending social profiles
Digital presenceJMAC Lending financial estimates
Financial estimateRevenue estimate
Valuation estimate
JMAC Lending leadership team
Management profileNumber of profiles
Profiles1 record
JMAC Lending funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
JMAC Lending M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about JMAC Lending
What does JMAC Lending do?
JMAC Lending is a wholesale and correspondent mortgage lender that underwrites, funds, and sells residential mortgage loans originated by independent mortgage brokers (TPO partners) and correspondent lenders. It offers a full product suite including Conforming, FHA, VA, USDA, Jumbo/High-Balance, and Non-QM programs (including DSCR investment property loans), distributed exclusively through two B2B channels rather than direct-to-consumer.
Is JMAC Lending a public or private company?
JMAC Lending is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was JMAC Lending founded?
JMAC Lending was founded in 1997. It employs 101 to 250 people.
Where is JMAC Lending based?
JMAC Lending is headquartered in Costa Mesa, United States, in the North America region.
How does JMAC Lending make money?
Three revenue lines are on record. Wholesale Lending is the primary driver. The others are correspondent Lending and loan Servicing.
Who are JMAC Lending's main competitors?
Direct peers on record are Plaza Home Mortgage, Caliber Home Loans, United Wholesale Mortgage (UWM), Homepoint, Paramount Residential Mortgage Group, NewRez (formerly New Penn Financial), Rocket Pro TPO and loanDepot Wholesale. Emerging players are Angel Oak Mortgage Solutions and Deephaven Mortgage.
Does JMAC Lending have an API?
No public API is recorded for JMAC Lending.
What industry is JMAC Lending in?
JMAC Lending's product category is Wholesale Mortgage Lending. Its primary akta.pro industry code is FSALACAA, Wholesale Mortgage Lending (Broker Channel), with a secondary code of FSALACAD, Non-QM & Specialty Wholesale Lending (Bank Statement/DSCR/Alt-Doc). Its NAICS code is 522292 and its SIC code is 6162.