VA Wholesale Mortgage

What VA Wholesale Mortgage does

VA Wholesale Mortgage Inc. (VAWM) is a privately held, NMLS-licensed mortgage broker (NMLS ID# 1911247) headquartered at 4099 Foxwood Drive, Virginia Beach, Virginia, with a satellite office in Jacksonville, Florida. Founded in 2019 and operating with a 1-10 employee base, the company originates and brokers residential mortgage loans across 44 U.S. states (excluding NY, NJ, AL, IL, MA, and OH) using a direct-to-consumer model that combines a self-service website (rate quotes, refinance analysis, pre-approval letter, home valuation), a 24/7 phone sales desk at (800) 244-4132, and face-to-face consultations with loan officers. The product suite spans 30- and 15-year fixed-rate mortgages, adjustable-rate mortgages, and government-backed loans including FHA, VA, USDA, and 203K renovation loans, plus conventional and cash-out refinance options. The firm's distinguishing positioning is its deep veteran and military-family specialization: the majority of its loan officers are U.S. military veterans or military spouses, and the company maintains bilingual English/Mandarin/Cantonese advisors to serve Asian-American homebuyers.

Name

VA Wholesale Mortgage

Legal name

VA Wholesale Mortgage Inc.

Website

https://vawholesalemtg.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

VA Wholesale Mortgage Inc. is a Virginia Beach-based, NMLS-licensed mortgage broker (NMLS ID# 1911247) and wholly owned subsidiary of The Bank of Glen Burnie, serving military veterans, active-duty service members, and general homebuyers with VA, FHA, USDA, conventional, and refinance loans across 44 U.S. states.

Ownership category

akta.pro rank

Product category

Mortgage Brokerage Services

NAICS

Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Loan Brokers (6163)

akta.pro primary industry

Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA)

akta.pro secondary industries

Retail Residential Mortgage Brokers (Purchase & Refinance) (FSALABAA), Wholesale Mortgage Lending (Broker Channel) (FSALACAA)

Keywords

• Mortgage brokerage
• VA loans
• Home refinancing
• Mortgage origination
• Veteran home loans

Headquarters

HQ city

Virginia Beach

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Origination and Brokerage: VA Wholesale Mortgage operates as a licensed mortgage broker earning revenue through loan origination fees and commissions on mortgage loans originated and closed. As a broker, they access multiple lenders and loan programs to match borrowers with appropriate financing solutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

VA Wholesale Mortgage Inc. is a licensed mortgage broker that originates home purchase loans and refinances by accessing multiple lenders and hundreds of loan programs. The company specializes in VA-backed mortgages for military veterans and active-duty service members, while also offering conventional, FHA, USDA, 203K, and adjustable-rate products. Services are delivered direct-to-consumer through a veteran-led team of loan officers supported by an online application and rate-quote platform.

Product overview

VA Wholesale Mortgage Inc. is a mortgage broker and wholly owned subsidiary of The Bank of Glen Burnie, offering a comprehensive suite of mortgage products including fixed-rate mortgages (15 and 30 year terms), adjustable rate mortgages, and government-backed loans (FHA, VA, USDA, 203K). The company provides specialized services for military personnel and veterans, with VA Loans as a core offering. Beyond traditional mortgage origination, the product portfolio includes refinancing options (rate-term and cash-out), buyer tools (pre-approval, mortgage readiness, home search), and valuation/insurance tools. The company operates as a mortgage broker, providing access to hundreds of loan programs through multiple lenders.

Differentiator

Problem solved

Functional benefit

Products and services

• 30 Year Fixed Mortgage Traditional fixed-rate mortgage with consistent monthly payments over 30 years, offering rate stability for homebuyers.
• 15 Year Fixed Mortgage Fixed-rate mortgage with higher monthly payments but lower overall interest costs, allowing homeowners to build equity faster over 15 years.
• Adjustable Rate Mortgage Mortgage with an interest rate that adjusts periodically based on market conditions, typically offering lower initial rates.
• FHA Loans Federal Housing Administration-backed loans designed for first-time homebuyers with lower down payment requirements and more flexible credit criteria.
• VA Loans Veterans Affairs-backed mortgage loans for eligible military service members, veterans, and their families, featuring competitive rates and no down payment requirement.
• 203K Loans FHA-insured renovation mortgage that combines home purchase and rehabilitation costs into a single loan for properties needing updates.
• USDA Loans United States Department of Agriculture loans for rural property purchases with no down payment required for eligible buyers in qualifying areas.
• Home Purchase Loans Mortgage brokerage services that help buyers secure loans for purchasing homes by accessing current market rates across multiple lenders.
• Refinance Services Refinancing services that allow homeowners to replace existing mortgages with new ones, potentially securing lower interest rates, different terms, or extracting equity via cash-out refinance.
• Cash-Out Refinance Refinancing option allowing homeowners to borrow more than their existing mortgage balance, receiving the difference in cash while adjusting their loan terms.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves7 records

Expansion highlights5 records

Direct peers

• Veterans United Home Loans: The largest VA-focused mortgage lender in the U.S., headquartered in Columbia, Missouri. Direct competitor to VA Wholesale Mortgage because both concentrate on veteran and military-borrower segments with VA loan specialization.
• Freedom Mortgage: Top-10 U.S. mortgage lender with significant concentration in government-backed loans (VA, FHA, USDA). Comparable to VA Wholesale Mortgage because both originate VA and FHA loans as core products, though at much larger scale.
• Navy Federal Credit Union: The largest credit union in the world, serving exclusively military members, veterans, and their families. Offers VA and conventional mortgages as a core product. Directly comparable to VA Wholesale Mortgage because both target the same veteran/military-borrower niche, albeit as a member-owned depository institution.
• Cardinal Financial: Mid-sized U.S. mortgage lender offering conventional, FHA, VA, and other government-backed loans through retail and wholesale channels. Comparable to VA Wholesale Mortgage as a multi-product mortgage originator with a similar size class and government-loan emphasis.

Broad incumbents

• Rocket Mortgage: The largest U.S. mortgage originator and a subsidiary of Rocket Companies (NYSE: RKT). Operates a direct-to-consumer digital platform offering conventional, FHA, VA, and USDA loans. Comparable to VA Wholesale Mortgage as a competing DTC mortgage provider, though at vastly greater scale and with proprietary technology.
• loanDepot: Top-5 U.S. retail mortgage lender with a national retail branch network and direct-to-consumer platform. Comparable to VA Wholesale Mortgage as a multi-channel mortgage originator offering the full conventional-and-government loan suite.
• Guild Mortgage: Mid-to-large U.S. retail mortgage lender with a broad product suite including conventional, FHA, VA, and USDA loans. Comparable to VA Wholesale Mortgage as a multi-product retail mortgage broker/lender serving government-loan segments.
• NewRez (Rithm Capital): Top-15 U.S. mortgage lender and servicer (subsidiary of Rithm Capital, NYSE: RITM). Offers retail, wholesale, and government loan products. Comparable to VA Wholesale Mortgage in its multi-channel origination and government-loan focus.
• Caliber Home Loans: Large U.S. mortgage lender offering a full suite of conventional and government-backed loans including VA. Comparable to VA Wholesale Mortgage as a national mortgage originator with overlapping product set, though operating at much greater scale.

Emerging players

• Better.com: Digital-first mortgage lender offering a fully online origination experience. Comparable to VA Wholesale Mortgage as a competing digital mortgage provider, though Better emphasizes a tech-led, low-touch model versus VA Wholesale's veteran-advisory-led approach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/michaeldendy

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 VA Wholesale Mortgage