Plaza Home Mortgage, Inc.

What Plaza Home Mortgage, Inc. does

Plaza Home Mortgage, Inc. is a privately held, California-incorporated national mortgage lender founded in 2000 and headquartered in San Diego. The company operates exclusively through B2B channels—Wholesale, National Correspondent, Non-Delegated (Mini) Correspondent, and Reverse Mortgage—serving independent mortgage brokers, banks, and independent mortgage bankers across all 50 states plus the District of Columbia. Plaza does not conduct retail or consumer-direct lending; borrowers are reached exclusively through broker and correspondent partner networks. The company is an approved seller/servicer with Fannie Mae, Freddie Mac, FHA, VA, USDA, and a Ginnie Mae HMBS issuer since 2008, and offers a comprehensive product menu spanning Conventional Conforming/High Balance, FHA Fixed/ARM, VA Fixed/ARM/IRRRL, USDA, Jumbo AUS 1/2/3, Jumbo Elite, Solutions Non-QM, DSCR Investor Solutions, Closed-End Seconds, renovation loans (FHA 203(k), Fannie HomeStyle, Freddie CHOICERenovation, VA and USDA Renovation), Temporary Buydowns, and FHA HECM reverse mortgages.

Plaza's revenue model is transaction-based, generating origination and gain-on-sale income on each Wholesale or Correspondent loan closed or purchased, supplemented by servicing-related revenue from mortgage servicing rights held across its Fannie Mae/Freddie Mac seller/servicer operations and licensed servicing presence in 50 states + DC. Go-to-market is sales-led and multi-channel: dedicated account executives drive Wholesale broker relationships and field engagement, while the National Correspondent division purchases closed loans via dedicated sales executives. Plaza runs an active event and training calendar (live webinars on GoToWebinar covering BREEZE demos, renovation, Non-QM, self-employed analysis, UAD 3.6, fraud trends; trade show presence at NYAMB, FAMP, AIME Fuse, NAMB National, MBA events), supported by a Daily Buzz newsletter and co-brandable marketing materials.

Plaza's underlying technology stack centers on three proprietary portals: BREEZE Loan Origination System (a Wholesale LOS with side-by-side DU/LPA underwriting, instant point-of-sale disclosures, eSigning, Hybrid eClose, and Remote Online Notarization), the LINQ Correspondent Portal (launched September 2020 for bulk/best-efforts/mandatory loan delivery), and the Bay Docs reverse mortgage LOS (paired with the Ready Reverse branded process and FHA Case Number workflow). The Certified Loan Program provides no-cost repurchase-risk protection to correspondent partners (saving an average $75,400 per loan in reserves). Third-party integrations include Calyx Wholesaler MarketPlace, Encompass Investor Connect, OptifiNow CRM, ClosingCorp SmartFees, HubSpot email, GoToWebinar, GoToAssist, and UKG/UltiPro for HR. The company is founder-controlled—Kevin Parra serves as Co-Founder, Chairman and CEO; James Cutri as Co-Founder and Vice Chairman—with Mike Fontaine and Jeff Leinan sharing Co-President duties. Employee headcount is in the 501-1,000 band and the company celebrated 25 years in business in 2025.

Name

Plaza Home Mortgage, Inc.

Legal name

Plaza Home Mortgage, Inc.

Website

https://plazahomemortgage.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Plaza Home Mortgage is a privately held, San Diego-based national mortgage lender founded in 2000 that originates and purchases loans exclusively through Wholesale, National Correspondent, Non-Delegated Correspondent, and Reverse Mortgage channels, serving independent mortgage brokers and correspondent lenders across all 50 U.S. states.

Ownership category

akta.pro rank

Product category

Wholesale Mortgage Lending

NAICS

Real Estate Credit (522292)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Wholesale Mortgage Lending (Broker Channel) (FSALACAA)

akta.pro secondary industries

Correspondent Mortgage Lending (Delegated & Non-Delegated) (FSALACAB), Renovation Mortgage Origination (FHA 203(k), HomeStyle, CHOICERenovation) (FSALAAAL), HELOC & Second-Lien Wholesale Lending (FSALACAG), Commercial & Multifamily Correspondent Lending (FSALACAH)

Keywords

• Wholesale mortgage lending
• Correspondent lending
• Reverse mortgages
• Non-QM loans
• Renovation lending

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Wholesale Loan Origination: Plaza originates and funds loans submitted by independent mortgage broker partners under Wholesale agreements, earning origination revenue (points/fees) on each closed loan. Broker guides and lock policies govern pricing execution.
2. Correspondent Loan Purchases: Plaza purchases closed loans from bank and independent mortgage banker correspondents via Best-Efforts, Single Loan Mandatory, Bulk, and Bulk AOT delivery methods, with extended locks and float-down options. Revenue derives from net gain on sale of purchased loans into the secondary market. Includes buy-back protection via the Certified Loan Program.
3. Non-Delegated (Mini) Correspondent Loan Purchases: Plaza purchases loans from non-delegated correspondent partners transitioning from broker origination, providing underwriting and operational support. Revenue generated through gain-on-sale economics on each purchased loan.
4. Reverse Mortgage (HECM) Origination and Purchase: Plaza originates FHA HECM reverse mortgages through both Wholesale and Correspondent channels; approved Ginnie Mae HMBS issuer since 2008. Generates origination/purchase fee revenue per closed reverse loan.
5. Investment Portfolio / Servicing Income: Per business policies, Plaza holds mortgage servicing rights and operates as a Fannie Mae/Freddie Mac seller/servicer; servicing release/premium economics and ancillary mortgage-related revenue contribute to overall income (implied by licensed servicer registrations across 50 states + DC).

Go-to-market motion4 records

Distribution channels2 records

Marketing channels7 records

Core offering

Plaza Home Mortgage is a privately held national mortgage lender that originates and funds loans through three B2B channels: Wholesale (independent mortgage brokers submit loans via the proprietary BREEZE LOS), National Correspondent (purchasing closed loans from banks and independent mortgage bankers via bulk, best-efforts, and mandatory delivery), and Mini/Non-Delegated Correspondent (purchasing loans from brokers transitioning to non-delegated correspondent status). Plaza also operates a Reverse Mortgage division offering FHA HECM products through both Wholesale and Correspondent channels, and is an approved Ginnie Mae HMBS issuer since 2008.

Differentiator

Problem solved

Functional benefit

Brands

• Ready Reverse: Plaza's branded streamlined reverse mortgage process that helps brokers stay connected from fast Pre-Quals through compliant counseling and closing packages.
• Certified Loan Program
• Solutions Non-QM
• DSCR Investor Solutions

Products and services

• Wholesale Broker Lending
• National Correspondent Lending
• Mini / Non-Delegated Correspondent Lending
• Reverse Mortgage (HECM) Origination and Purchase

Quantifiable outcome

• Average savings of $75,400 per loan in reserves for correspondents via the Certified Loan Program
• +7 more outcomes

Named customers2 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature7 records

Partnerships

19 partnerships are on record, tiered minor, core and flagship.

• Simpluris Inc.minorImplementation/ SI/ Consulting Partner · 29 May 2026Simpluris Inc. is administering the data-breach notification on behalf of Plaza Home Mortgage as of May 29, 2026, following the security incident discovered around February 17, 2026 that affected approximately 137,976 individuals.
• Aloha Award (with ISTO)minorGTM or Marketing Partner · 2 November 2022Plaza Home Mortgage became one of the first corporate sponsors of the Aloha Award, announced via joint venture with ISTO on November 2, 2022.
• Encompass (ICE Mortgage Technology Encompass Investor Connect)coreTechnology or Integration · 2 December 2021Plaza began accepting loans through Encompass Investor Connect in December 2021, expanding the technology pathway for correspondent lenders using Encompass LOS.
• National Association of Minority Mortgage Bankers of America (NAMMBA)minorGTM or Marketing Partner · 16 June 2021Partnership announced June 16, 2021 with NAMMBA; expands Plaza's diversity, equity, and inclusion outreach within the mortgage industry.
• Just in Time for Foster YouthminorGTM or Marketing Partner · 19 May 2021Plaza Home Mortgage announced sponsorship of Just in Time for Foster Youth on May 19, 2021, supporting transition-age foster youth.
• Association of Independent Mortgage Experts (AIME)coreGTM or Marketing Partner · 22 April 2021Plaza announced 2021 sponsorship of AIME in April 2021. Plaza had previously suspended and reinstated its sponsorship following controversy involving AIME's chairman in July-October 2020. AIME Fuse 2026 (September 24-26, Austin, TX) is a key event on Plaza's Wholesale Events calendar.
• National Association of Mortgage Brokers (NAMB)flagshipGTM or Marketing Partner · 8 April 2021Strategic partnership announced April 2021 with NAMB including Visionary Partnership sponsorship and integration with the NAMB All-In Platform. Plaza received NAMB's 2021 Affiliate Company of the Year Award in October 2021, cementing this as a flagship industry partnership. Plaza executives (e.g., Salpi Meyer, Kevin Parra) have engaged with NAMB at national conferences and on committees.
• Fannie MaeflagshipStrategic or Co-development PartnerApproved Fannie Mae seller/servicer offering Fannie Mae HomeStyle Renovation, HomeReady, HomeReady Renovation, RefiNow, Converted OTC Construction-to-Permanent, and High Balance programs. Plaza has served as Fannie Mae customer advisory board participant (Kevin Parra).
• Freddie MacflagshipStrategic or Co-development PartnerApproved Freddie Mac seller/servicer offering CHOICERenovation, Home Possible, HomeOne (loans >95% LTV), Refi Possible, and Super Conforming programs. Mike Fontaine (Co-President/COO) sits on the Freddie Mac Advisory Committee.
• Ginnie MaeflagshipStrategic or Co-development PartnerApproved Ginnie Mae HMBS issuer since 2008, enabling Plaza to securitize FHA HECM reverse mortgages it originates and purchases.
• FHA / HUDflagshipStrategic or Co-development PartnerApproved FHA mortgagee enabling FHA Fixed/ARM, FHA 203(k) Standard and Limited, FHA 100% CLTV Combo, FHA Converted Construction-to-Permanent, and FHA HECM programs across all 50 states (per state licenses table).
• VA (U.S. Department of Veterans Affairs)coreStrategic or Co-development PartnerApproved VA lender offering VA Fixed, VA ARM, VA IRRRL, VA Renovation (up to $50K repairs, jumbo amounts up to $970,800), and VA Reverse Mortgage Lender licensing in NC.
• USDA Rural DevelopmentcoreStrategic or Co-development PartnerApproved USDA lender offering USDA purchase, R/T, Streamline, Streamlined-assist, and USDA Renovation (100% LTV on purchase). Named a USDA Gold Million Dollar Lender.
• Calyx (Wholesaler MarketPlace)coreTechnology or IntegrationTechnology integration with Calyx's Wholesaler MarketPlace providing new asset verification and rate lock functionality to Plaza's broker partners (announced September 10, 2019).
• Edelson Lechtzin LLPminorOthersEdelson Lechtzin LLP launched an investigation into data privacy claims arising from the security incident at Plaza Home Mortgage. Not a business partnership but a third-party legal action context; included for completeness.
• Susan G. Komen San DiegocoreGTM or Marketing PartnerMulti-year charitable partnership (Eighth Annual Initiative in October 2019; Sixth Annual in October 2018; cumulative $411,000 raised by October 2017). Plaza donated $60,000+ in April 2020, $41,000 in April 2019, and continued annual support.
• American Red CrossminorGTM or Marketing PartnerPlaza Home Mortgage funded an American Red Cross vehicle (September 2020) and has supported Red Cross disaster relief efforts including Hurricane Irma/Harvey relief (2017).
• Network Capital FundingminorOthersCorrespondent lender featured as a case study subject for Plaza's Certified Loan Program, highlighting reserve savings from defect protection.
• Developer's MortgageminorOthersCorrespondent lender featured as a case study subject for Plaza's Certified Loan Program.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Market position

Competitive moat6 records

Key highlights7 records

Customer concentration

• Xx.com/plazahmmortgage
• Facebookfacebook.com/plaza-home-mortgage-inc-162429696644
• LinkedInlinkedin.com/company/plaza-home-mortgage

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 Plaza Home Mortgage, Inc.