eRESI Mortgage
- Company typePrivate
- Founded2019
- HeadquartersCharlotte, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
eRESI Mortgage firmographics
Firmographics- Name
- eRESI Mortgage
- Legal name
- eRESI Mortgage LLC
- Website
- https://eresimortgage.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
eRESI Mortgage industry classification
Industry- Product category
- Non-QM Correspondent Mortgage Funding
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Non-QM / Alternative Documentation Mortgage Origination (FSALAAAJ)
- akta.pro secondary industry
- Asset-Based Lending (ABL) (FSANADAD)
Keywords
Where eRESI Mortgage is headquartered
LocationHeadquarters
- HQ city
- Charlotte
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
eRESI Mortgage business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Whole Loan Purchasing: eRESI operates as an investor in the secondary mortgage loan market, purchasing non-qualified mortgage (Non-QM) whole loans from correspondent lender partners. The company is not a direct lender, originator, or mortgage servicer and does not make origination credit decisions or extend credit.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
eRESI Mortgage product offering
Product offeringCore offering
eRESI Mortgage operates as a Non-QM correspondent whole loan investor, purchasing closed residential mortgage loans from approved mortgage banking partners. The company provides a residential mortgage funding platform with access to flexible and consistent liquidity, offering six Non-QM loan programs (Full Doc, Alt-Doc, DSCR, Closed-End Seconds, Agency Eligible NOO, and Jumbo Express AUS) plus a proprietary cloud-based technology platform, real-time Lock Desk pricing, and integration with ICE Mortgage Technology's Encompass Investor Connect. eRESI is explicitly not a direct lender, originator, or servicer and does not make origination credit decisions or extend credit.
Product overview
eRESI Mortgage operates a unified correspondent lending platform offering Non-QM loan products alongside integrated technology and service tools. The core platform provides liquidity solutions through six named Non-QM products: eXpress Full Doc (for near-jumbo loans), eXpert Enhanced (alternative documentation), eXperienced Investor DSCR (property cash flow qualification), Closed-End Second Lien (equity access), Agency Eligible NOO (investor loans), and Jumbo Express AUS. These products are supported by three service platforms: Lock Desk (real-time pricing), Scenario-Credit Desk (ASAP credit responses), and Client Support Team (dedicated support). The platform also integrates with Encompass Investor Connect for seamless loan delivery and provides AI-powered guideline search through Guideline Guru partnership. The company has funded over $16B in residential whole loans since 2019.
Differentiator
Problem solved
Functional benefit
Brands
- eXpress Full Doc Program: Non-QM program for loans that just miss Jumbo A guidelines, featuring DTIs up to 50% with no LTV overlay, LTVs up to 85%, loan amounts up to $3mm, and no reserves required for LTV <=65%.
- eXpert Enhanced Program
- eXperienced Investor DSCR Program
- Closed-End Second Lien
- Agency Eligible NOO and 2nd Homes
- Jumbo Express AUS
Products and services
- eXpress Full Doc Program
- eXpert Enhanced Program (Alt-Doc)
- eXperienced Investor DSCR Program
- Closed-End Second Lien
- Agency Eligible NOO and 2nd Homes
- Jumbo Express AUS
- eRESI Correspondent Mortgage Funding Platform Best-in-class residential mortgage funding platform providing correspondent lenders access to flexible and consistent liquidity for Non-QM loans. Offers both Delegated and Non-Delegated correspondent options with cloud-based loan technology for real-time pipeline management. The company is an investor in the secondary mortgage loan market and not a direct lender, originator, or servicer.
Quantifiable outcome
- Lenders utilizing Investor Connect save an average of $48.85 and 39 minutes per loan, with 40% improvement in loans delivered without conditions.
- +2 more outcomes
Companies that use eRESI Mortgage
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles1 record
eRESI Mortgage technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability2 records
Feature4 records
eRESI Mortgage partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered supporting and core.
- Guideline GurusupportingeRESI partnered with Guideline Guru to provide correspondent clients with complimentary access to an AI-powered guideline search tool. The tool enables mortgage professionals to search loan guidelines in real time and receive instant answers. eRESI clients receive free access with options to upgrade for expanded agency and investor guideline access.
- Intercontinental Exchange (ICE) Mortgage TechnologycoreeRESI integrated with ICE Mortgage Technology's Encompass Investor Connect platform, becoming the first major Non-QM investor on the platform. This enables lenders to deliver closed loans directly to eRESI from their Encompass environment, sending up to 1,500 loans at a time with preformatted documents meeting eRESI requirements.
Scale indicators8 records
Recent moves9 records
Expansion highlights5 records
eRESI Mortgage competitors and assessment
Company assessmentDirect peers
- Verus Mortgage Capital: Non-QM/Non-Agency correspondent whole loan investor that purchases closed loans from mortgage bankers and brokers. Closest direct peer to eRESI's core correspondent-investor model, mentioned multiple times in eRESI's management bios (e.g., Dean Reynolds's prior tenure).
- Angel Oak Mortgage Solutions: Non-QM correspondent and wholesale lender offering full-doc, alt-doc, and investor products. Competes head-to-head with eRESI for Non-QM origination volume from independent mortgage bankers.
- Deephaven Mortgage: Non-QM residential mortgage lender focused on investor, DSCR, and self-employed borrower segments. Directly competes with eRESI's eXperienced Investor DSCR and eXpert Enhanced products.
- A&D Mortgage: Non-QM-focused correspondent and wholesale lender offering DSCR, bank-statement, and investor products. Competes with eRESI across the same correspondent network of mid-sized mortgage bankers.
- Carrington Mortgage Services: Non-QM and government loan originator/servicer with correspondent and wholesale channels. Overlaps with eRESI on Non-QM, investor, and bank-statement products.
- FirstKey Mortgage: Specialty residential mortgage company with deep experience purchasing and securitizing Non-QM and Non-Agency whole loans. Direct competitor to eRESI's whole loan purchasing model.
Broad incumbents
- NewRez (Rithm Capital): Large mortgage origination and servicing platform with Non-QM and Non-Agency offerings. A NewRez executive (Lisa Schreiber) is now at eRESI in Client Strategy, indicating close competitive overlap and personnel movement.
- Caliber Home Loans: National mortgage lender with a Non-Agency correspondent and retail channel. Competes with eRESI for Non-QM volume; Dean Reynolds's prior role at Caliber highlights direct product overlap.
- Movement Mortgage: Large non-bank mortgage lender with a Non-Agency Jumbo/Non-QM department that Amanda Roccia previously led before joining eRESI. Competes as both originator and indirect Non-QM investor through program partnerships.
- PennyMac Financial Services: Public mortgage finance company with correspondent, wholesale, and servicing channels including Non-Agency programs. eRESI's President Tim Wang co-founded PennyMac and its Head of Portfolio Management Aaron Donley previously served as VP there.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
eRESI Mortgage social profiles
Digital presenceeRESI Mortgage financial estimates
Financial estimateRevenue estimate
Valuation estimate
eRESI Mortgage leadership team
Management profileNumber of profiles
Profiles21 records
eRESI Mortgage funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
eRESI Mortgage 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 eRESI Mortgage
What does eRESI Mortgage do?
eRESI Mortgage operates as a Non-QM correspondent whole loan investor, purchasing closed residential mortgage loans from approved mortgage banking partners. The company provides a residential mortgage funding platform with access to flexible and consistent liquidity, offering six Non-QM loan programs (Full Doc, Alt-Doc, DSCR, Closed-End Seconds, Agency Eligible NOO, and Jumbo Express AUS) plus a proprietary cloud-based technology platform, real-time Lock Desk pricing, and integration with ICE Mortgage Technology's Encompass Investor Connect. eRESI is explicitly not a direct lender, originator, or servicer and does not make origination credit decisions or extend credit.
Is eRESI Mortgage a public or private company?
eRESI Mortgage is a private company. It is classified as private equity controlled and is currently operating.
When was eRESI Mortgage founded?
eRESI Mortgage was founded in 2019. It employs 11 to 50 people.
Where is eRESI Mortgage based?
eRESI Mortgage is headquartered in Charlotte, United States, in the North America region.
How does eRESI Mortgage make money?
One revenue line is on record: whole Loan Purchasing.
Who are eRESI Mortgage's main competitors?
Direct peers on record are Verus Mortgage Capital, Angel Oak Mortgage Solutions, Deephaven Mortgage, A&D Mortgage, Carrington Mortgage Services and FirstKey Mortgage. Broad incumbents are NewRez (Rithm Capital), Caliber Home Loans, Movement Mortgage and PennyMac Financial Services.
Does eRESI Mortgage have an API?
No public API is recorded for eRESI Mortgage.
What industry is eRESI Mortgage in?
eRESI Mortgage's product category is Non-QM Correspondent Mortgage Funding. Its primary akta.pro industry code is FSALAAAJ, Non-QM / Alternative Documentation Mortgage Origination, with a secondary code of FSANADAD, Asset-Based Lending (ABL). Its NAICS code is 522 and its SIC code is 6162.