Wintrust Mortgage
- Company typePrivate
- Founded1990
- HeadquartersDes Plaines, United States
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
Wintrust Mortgage firmographics
Firmographics- Name
- Wintrust Mortgage
- Legal name
- Wintrust Mortgage (a division of Barrington Bank & Trust Company, N.A.)
- Website
- https://WintrustMortgage.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Wintrust Mortgage industry classification
Industry- Product category
- Residential Mortgage Lending
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Purchase Mortgage Origination (Homebuyer Focused) (FSALAAAD)
- akta.pro secondary industries
- Jumbo / Non-Conforming Mortgage Origination (FSALAAAH), Renovation Mortgage Origination (FHA 203(k), HomeStyle, CHOICERenovation) (FSALAAAL)
Keywords
Where Wintrust Mortgage is headquartered
LocationHeadquarters
- HQ city
- Des Plaines
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Wintrust Mortgage business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- Mortgage Origination: Revenue generated from originating mortgage loans for home purchases and refinances. The company offers a wide variety of mortgage products including purchase loans, refinances, FHA, VA, conventional, USDA, jumbo, and construction-to-permanent loans.
- Loan Servicing: Residential loan servicing department handles ongoing mortgage servicing including payments, escrow accounts, and customer support for existing borrowers.
- Capital Markets & Secondary Market: Operations include capital markets activities and selling loans to secondary market investors including FNMA, FHLMC, FHLBC, and GNMA.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | FHA, VA, USDA & Conforming Loans - Closing Cost Credit Tiers |
| Subscription | Monthly | Portfolio Mortgage Loans - Interest Rate Discount Tiers |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Wintrust Mortgage product offering
Product offeringCore offering
Wintrust Mortgage originates, underwrites, and services residential mortgage loans for purchase, refinance, and renovation across all 50 U.S. states. The company offers a broad suite of conforming, government-backed (FHA, VA, USDA), jumbo, construction-to-permanent, and renovation loan products for individual consumers, supported by a network of 65+ lending offices, 200+ bank branches, and a digital application platform.
Product overview
Wintrust Mortgage is a top 20 bank-owned mortgage lender offering a comprehensive mortgage lending platform with products spanning the full homeownership lifecycle. The core offerings include first home and next home purchase mortgages, refinancing services, and loan servicing. Specialized products include VA loans, FHA loans, construction-to-perm loans, FHA 203K renovation loans, home equity lines of credit, and USDA rural housing loans. The company also offers down payment assistance programs and the Relationship Pricing savings program for existing bank customers. Digital tools include WintrustZoom online application, PremierBuyer prequalification, mortgage calculators, loan originator search, and an educational video library. Wintrust Mortgage operates as a division of Barrington Bank & Trust Company, N.A. (NMLS #449042) with over 65 lending offices across 50 states.
Differentiator
Problem solved
Functional benefit
Brands
- Veterans First Mortgage: A trade name of Wintrust Mortgage focused on VA loans for military families, veterans, and active duty members. Acquired in 2017 to strengthen VA lending capabilities.
Products and services
- First Home Mortgage Products Mortgage products designed for first-time homebuyers, including down payment assistance programs, FHA loans, VA loans, and conventional loan options to help buyers overcome the down payment hurdle.
- Next Home Mortgage Products Mortgage products for move-up buyers purchasing their next home, including jumbo loans exceeding conforming limits for larger purchases.
- Refinance Services Mortgage refinancing options allowing homeowners to access home equity for investments, home improvements, debt consolidation, or rate reduction.
- Loan Servicing Residential loan servicing including payment processing, payoff quotes, insurance claims management, mortgage assistance, and support for military personnel.
- VA Loans Department of Veterans Affairs guaranteed loans offering 100% financing, no monthly mortgage insurance, and jumbo amounts for eligible U.S. veterans and service members.
- FHA Loans Federal Housing Administration loans removing lender risk to help buyers who may not otherwise qualify obtain home financing with lower down payment requirements.
- Construction-to-Perm Loans All-in-one adjustable rate mortgages for new construction with jumbo financing up to $5 million, down payments as low as 15%, and interest-only payments until project completion.
- FHA 203K Rehabilitation Loans Rehabilitation loans allowing borrowers to finance both property purchase and renovation costs for repairs ranging from $5,000 to $35,000.
- Home Equity Line of Credit (HELOC) Revolving credit line using home equity as collateral, offering flexibility to borrow and repay funds as needed for various purchases.
- USDA Guaranteed Rural Housing Loans Government-backed loans for homebuyers in rural communities offering affordable interest rates and no monthly mortgage insurance.
- VA IRRRL (Interest Rate Reduction Refinancing Loans) Refinancing loans for eligible U.S. veterans to lower their interest rate or convert adjustable rate mortgages to fixed rate.
- Relationship Pricing Program Savings program rewarding customers of Wintrust Community Banks and Wintrust Wealth Management with closing cost credits or reduced interest rates based on aggregate account balances.
- Down Payment Assistance Programs Grant programs offering funds to help buyers overcome down payment barriers, including city-approved programs and Federal Home Loan Bank Chicago grants ranging from $3,000 to $6,000.
Quantifiable outcome
- Top 20 bank-owned mortgage lender in the country
- +4 more outcomes
Companies that use Wintrust Mortgage
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles6 records
Wintrust Mortgage technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Wintrust Mortgage partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights5 records
Wintrust Mortgage competitors and assessment
Company assessmentEmerging players
- Better.com: Digital-first mortgage lender pursuing a fully online purchase and refinance experience. Represents the emerging direct-to-consumer competitive threat Wintrust is responding to with its WintrustZoom platform.
Direct peers
- Rocket Mortgage: Largest U.S. retail mortgage lender and a direct competitor across purchase, refinance, FHA, VA, and jumbo products. Comparable on product breadth and direct-to-consumer motion, though at substantially larger scale.
- Fifth Third Mortgage: Bank-owned mortgage division of Fifth Third Bancorp, with strong Midwest overlap. Offers comparable purchase, refinance, FHA, VA, and jumbo products distributed through a similar retail branch + LO model.
- PNC Mortgage: Mortgage division of PNC Financial Services Group. Comparable bank-owned retail origination model; Wintrust's COO Thomas Sang previously led PNC retail mortgage fulfillment, indicating direct operational lineage.
- United Wholesale Mortgage (UWM): Largest U.S. wholesale mortgage lender (and growing retail player). Competes head-to-head for broker-channel and increasingly retail mortgage share; comparable on loan product breadth and technology investment.
- loanDepot: National retail mortgage lender offering purchase, refinance, HELOC, and government loans through direct-to-consumer and retail channels. Highly comparable on product mix and customer base, with a broader branch footprint.
- BMO Harris Mortgage: Bank-owned mortgage unit of BMO with significant Chicago/Midwest presence, overlapping with Wintrust's core market. Competes for similar retail and high-net-worth borrower segments including physician/professional programs.
- U.S. Bank Mortgage: Bank-owned mortgage division of U.S. Bancorp, with similar retail and digital origination across conforming, FHA, VA, and jumbo products. Closely aligned bank-owned model with broad branch referral network.
- Regions Mortgage: Mortgage division of Regions Financial, a Southeast-focused bank holding company. Comparable bank-owned model with retail branch referral and broad conforming/government/jumbo product set.
- Huntington National Bank Mortgage: Midwest bank-owned mortgage lender (Huntington Bancshares) with overlapping retail branch referral channels and comparable product set. Direct peer in geography and bank-owned distribution model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Wintrust Mortgage social profiles
Digital presenceWintrust Mortgage financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wintrust Mortgage leadership team
Management profileNumber of profiles
Profiles13 records
Wintrust Mortgage subsidiaries and ownership
Company hierarchySubsidiaries1 record
Wintrust Mortgage funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wintrust 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 Wintrust Mortgage
What does Wintrust Mortgage do?
Wintrust Mortgage originates, underwrites, and services residential mortgage loans for purchase, refinance, and renovation across all 50 U.S. states. The company offers a broad suite of conforming, government-backed (FHA, VA, USDA), jumbo, construction-to-permanent, and renovation loan products for individual consumers, supported by a network of 65+ lending offices, 200+ bank branches, and a digital application platform.
Is Wintrust Mortgage a public or private company?
Wintrust Mortgage is a private company. It is classified as corporate owned and is currently operating.
When was Wintrust Mortgage founded?
Wintrust Mortgage was founded in 1990. It employs 501 to 1,000 people.
Where is Wintrust Mortgage based?
Wintrust Mortgage is headquartered in Des Plaines, United States, in the North America region.
How does Wintrust Mortgage make money?
Three revenue lines are on record. Mortgage Origination is the primary driver. The others are loan Servicing and capital Markets & Secondary Market.
Who are Wintrust Mortgage's main competitors?
Better.com is listed as an emerging player. Direct peers are Rocket Mortgage, Fifth Third Mortgage, PNC Mortgage, United Wholesale Mortgage (UWM), loanDepot, BMO Harris Mortgage, U.S. Bank Mortgage, Regions Mortgage and Huntington National Bank Mortgage.
Does Wintrust Mortgage have an API?
No public API is recorded for Wintrust Mortgage.
What industry is Wintrust Mortgage in?
Wintrust Mortgage's product category is Residential Mortgage Lending. Its primary akta.pro industry code is FSALAAAD, Purchase Mortgage Origination (Homebuyer Focused), with a secondary code of FSALAAAH, Jumbo / Non-Conforming Mortgage Origination. Its NAICS code is 5221 and its SIC code is 6162.