Nationwide Mortgage Bankers

What Nationwide Mortgage Bankers does

Nationwide Mortgage Bankers, Inc. (NMB), headquartered in Melville, New York, is a private independent mortgage lender operating under multiple DBAs (NMB, NMBnow, NMB Home Loans, Americasa, Lending to Heroes, First Veterans Mortgage, BuyNOW). Founded by Richard Steinberg, the company originates and services residential home loans across all 50 US states plus Washington DC and Puerto Rico, with reported headcount in the 501-1,000 range. Its core product set spans purchase and refinance mortgages across Conventional, FHA, VA, USDA, Jumbo, ARM, FHA 203k renovation, Non-QM, New Construction, and Reverse (HECM) loan types, marketed through a hybrid GTM of direct loan officers, branch offices, a digital application platform (apply.nmbnow.com), the BuyNOW pre-approval platform, and the RE360 program that onboards real estate agents as NMLS-licensed originators.

The technology stack is digital-first but largely conventional for the mortgage industry: an in-house NMBnow origination workflow with online application and pre-qualification, the BuyNOW underwritten pre-approval product, the RE360/RE360-LO agent licensing and management platform, and a loan servicing portal hosted on BKI Connect. Specialization is achieved through sub-brands that target underserved borrower segments: Americasa (Spanish-language Hispanic homeownership platform with a Miami national headquarters), Lending to Heroes (fee-free mortgage program for veterans, law enforcement, teachers, firefighters, healthcare workers, and municipal employees), and First Veterans Mortgage.

NMB earns revenue primarily through origination fees and interest rate spread on closed loans (transaction-fee model), supplemented by servicing fee income and float on the retained servicing portfolio (managed services model). The Lending to Heroes program waives application, processing, underwriting, commitment, and lock-in fees for eligible community servants. Marketing combines content (NMB Resource Center blog, email capital-markets updates), paid/organic social, SEO, sports sponsorships (New York Islanders partnership, Bernie Williams as Americasa spokesperson), and community/referral channels including the RE360 agent network and the Veterans Homebuyers Network partnership. The company has appeared on the Inc. 5000 list multiple times and was named #1 Mortgage Company and #10 Fastest Growing in NYC by Crain's New York Fast 50.

Name

Nationwide Mortgage Bankers

Legal name

Nationwide Mortgage Bankers, Inc.

Website

https://nmbnow.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

251–500 employees

Short description

Nationwide Mortgage Bankers is a private independent US mortgage lender offering purchase and refinance home loans across all 50 states through direct loan officers, a digital application platform, and specialized sub-brands for Hispanic (Americasa), veteran (Lending to Heroes), and community-servant borrowers.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Real Estate Credit (522292)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Retail Residential Mortgage Brokers (Purchase & Refinance) (FSALABAA)

akta.pro secondary industries

Government-Insured Mortgage Origination (FHA/VA/USDA) (FSALAAAI), Reverse Mortgage Origination (HECM & Proprietary) (FSALAIAA), Renovation Mortgage Origination (FHA 203(k), HomeStyle, CHOICERenovation) (FSALAAAL)

Keywords

• Residential mortgage lending
• Home purchase financing
• Mortgage refinancing services
• VA and FHA loans
• Reverse mortgage products

Headquarters

HQ city

Melville

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Origination: NMB generates revenue through origination fees and interest rate spreads on home loans including purchase mortgages, refinances, FHA loans, VA loans, conventional loans, jumbo loans, USDA loans, reverse mortgages, and non-QM products. Revenue is earned at loan closing as a percentage of the loan amount plus ongoing servicing rights.
2. Loan Servicing: NMB services loans post-closing, collecting monthly payments and managing escrow accounts, generating servicing fee income and float revenue on held mortgages.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Nationwide Mortgage Bankers is an independent U.S. residential mortgage lender that originates and services home purchase and refinance loans across conventional, government (FHA, VA, USDA), jumbo, ARM, non-QM, reverse, new construction, and FHA 203k renovation products. The company distributes through a direct loan officer sales force, a digital self-serve application platform, branch offices, and specialized community-focused sub-brands (Americasa for Hispanic buyers, Lending to Heroes for veterans and community servants, First Veterans Mortgage), supplemented by the RE360 program that enables real estate agents to become licensed originators.

Product overview

Nationwide Mortgage Bankers (NMB) operates as a mortgage lender offering a comprehensive suite of home financing products. The core offerings include purchase mortgages and refinancing solutions across multiple loan types: Conventional, FHA, VA, USDA, Jumbo, ARM, FHA 203k renovation loans, Non-QM, New Construction, and Reverse Mortgages. The company also operates specialized sub-brands including Americasa (Spanish-language mortgage platform), Lending to Heroes (veteran-focused division), and First Veterans Mortgage. Technology platforms include the BuyNOW Platform for digital pre-approval, RE360 for real estate professionals seeking NMLS licensing and loan compensation, RE360-LO for loan officers recruiting agents, the NMB Customer Portal for loan applications, and a Loan Servicing Portal for payment processing. The company is expanding across the U.S. with new offices and serves customers in all 50 states plus Puerto Rico.

Differentiator

Problem solved

Functional benefit

Brands

• Americasa: Spanish language mortgage service platform providing information regarding best homebuying practices to Spanish speakers.
• Lending to Heroes
• First Veterans Mortgage
• RE360
• BuyNOW

Products and services

• Purchase Loans Residential home purchase financing for individual homebuyers across all property types and price tiers, delivered through direct loan officers, branch offices, and the NMBnow digital application platform.
• Refinance Loans Mortgage refinancing solutions for existing homeowners to lower rates, change monthly payments, or tap into home equity.
• VA Loans Veterans Affairs-backed mortgages offering favorable terms and no down payment requirement for eligible veterans, active service members, and surviving spouses.
• FHA Loans Federal Housing Administration insured mortgages with flexible down payment requirements and lower credit score thresholds, available to first-time and repeat homebuyers.
• USDA Loans USDA rural development loans offering 100% financing for eligible properties in qualifying rural areas, supporting low- and moderate-income rural homebuyers.
• Conventional Loans Traditional conforming mortgage products with fixed or adjustable terms not insured by a government agency.
• Jumbo Loans Mortgages exceeding conventional conforming loan limits, used to finance luxury or high-value properties above standard thresholds.
• ARM Loans Adjustable Rate Mortgage products with rates that adjust over time after an initial fixed period, offering lower initial rates for qualified borrowers.
• FHA 203k Renovation Loans FHA-insured loans that combine purchase or refinance financing with funds for home renovation and rehabilitation in a single mortgage.
• New Construction Loans Financing products that cover land acquisition and construction phases for ground-up home building projects.
• Non-QM Loans Non-Qualified Mortgage products for self-employed borrowers and others who do not meet standard Qualified Mortgage guideline requirements, including alternative documentation options.
• Reverse Mortgage Loans Home Equity Conversion Mortgages (HECM) that allow senior homeowners to convert home equity into funds while retaining title to the property.
• First Time Home Buyer Loans Mortgage products and educational resources tailored for first-time homebuyers, featuring lower down payment options and step-by-step guidance through the loan process.
• Lending to Heroes Veteran- and community servant-focused residential mortgage program offering home purchase and refinance loans with no application, processing, underwriting, commitment, or lock-in fees for eligible law enforcement, veterans, teachers, firefighters, healthcare professionals, and municipal employees.
• Americasa Spanish-language mortgage service platform providing purchase and refinance home loan information, education, and bilingual mortgage origination support for Hispanic homebuyers nationwide.
• RE360 Program Program that enables licensed real estate professionals to obtain NMLS mortgage licensing and originate home loans, supported by NMB's in-house processors, underwriters, and loan scenario specialists, with compensation on agent-closed transactions.
• RE360-LO Platform Platform for NMB loan officers to recruit and support real estate agents in obtaining NMLS licenses and earning compensation on mortgage transactions closed through those agents.
• BuyNOW Pre-Approval Platform Digital underwritten pre-approval platform that delivers a fully underwritten pre-approval letter to homebuyers, giving them a competitive advantage when submitting offers and reducing the time between application and funding.
• Loan Servicing Post-closing loan servicing for NMB-originated mortgages, including monthly payment collection, escrow account management, and ongoing customer account servicing through the BKI Connect digital servicing portal.

Quantifiable outcome

• 18,500+ verified customer reviews with 4.85/5 average rating
• +2 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

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

• Yasser HerreracoreOthers · 6 April 2026Named President of America's Home Loans (Americasa) after three years of record-breaking growth, having doubled production every year since joining in December 2023.
• Veterans Homebuyers NetworkcoreStrategic or Co-development Partner · 10 March 2026Strategic partnership between NMB's Lending to Heroes division and Veterans Homebuyers Network to consolidate veteran-focused home lending resources under a single platform, strengthening support for military families navigating homeownership.
• Traci HardingcoreOthers · 3 November 2025Appointed as EVP of Credit Risk and Product Development in November 2025, bringing extensive experience from Movement Mortgage and Wells Fargo Home Mortgage to support NMB's expansion initiatives.
• New York IslandersflagshipGTM or Marketing Partner · 17 October 2023NMB announced partnership with the New York Islanders NHL hockey team as a key marketing and brand awareness initiative, leveraging sports sponsorship to reach homeowners and homebuyers in the New York metro area.
• Bernie WilliamsflagshipGTM or Marketing PartnerFormer MLB player Bernie Williams serves as official spokesperson for NMB and its Spanish-language Americasa mortgage platform, bringing athlete credibility and name recognition to Hispanic market outreach.
• RedfinminorGTM or Marketing PartnerNMB was featured on Redfin platform, a real estate marketplace, as a recommended mortgage lender option for homebuyers using Redfin's services.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Rocket Mortgage: Largest U.S. independent mortgage bank offering retail origination, refinance, and a heavily marketed digital application experience. Direct overlap with NMB in retail consumer-direct mortgage origination across all major loan products.
• United Wholesale Mortgage: Volume-leading wholesale and emerging retail mortgage lender. Comparable to NMB in offering a broad loan product menu (FHA, VA, Jumbo, Non-QM) and competing for loan officer talent, though predominantly wholesale-distributed.
• loanDepot: National retail and wholesale mortgage lender with mello (POS platform) and a multi-channel consumer-direct model. Direct overlap with NMB's retail mortgage origination and digital application stack.
• NewRez (Rithm Capital): Vertically integrated nonbank mortgage originator and servicer offering retail and wholesale channels across conventional and government loan products. Comparable on loan menu, servicing capability, and scale of operations.

Direct peers

• Guaranteed Rate: Large privately held retail mortgage lender competing on digital POS experience, loan officer productivity, and product breadth (purchase, refi, FHA, VA, Jumbo). Closely comparable to NMB on hybrid LO-plus-digital distribution.
• Fairway Independent Mortgage: Mid-to-large independent retail mortgage banker with a national branch and loan officer network and broad product mix. Comparable scale and model to NMB, including a strong workplace/culture reputation.
• Movement Mortgage: Large, founder-led retail mortgage lender with national branch footprint and a community-impact brand positioning. Traci Harding, NMB's new EVP of Credit Risk, came from Movement, signaling direct competitive overlap.
• CrossCountry Mortgage: Fast-growing privately held retail mortgage lender with national licensing, multiple branch offices, and a digital application platform. Closely comparable to NMB on growth trajectory, retail-LO model, and product breadth.
• Planet Home Lending: Mid-sized independent mortgage bank with retail, wholesale, and correspondent channels and an in-house servicing platform. Direct overlap with NMB's retail-LO origination, government loan focus, and growing servicing book.
• Caliber Home Loans: Privately held nonbank mortgage lender (post-Newrez carve-out) operating retail, wholesale, and correspondent channels with broad product coverage. Comparable mid-large scale and multi-channel retail origination to NMB.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@nationwidemortgagebankers
• Facebookfacebook.com/NationwideMortgageBankers
• LinkedInlinkedin.com/company/nationwidemortgagebankers
• Instagraminstagram.com/nationwidemortgage
• Xx.com/NationwideMtg

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 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 Nationwide Mortgage Bankers