BANK OF LITTLE ROCK MORTGAGE

Name

BANK OF LITTLE ROCK MORTGAGE

Legal name

Bank of Little Rock Mortgage

Website

https://blrmortgage.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Credit Intermediation and Related Activities (522), Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Bank Branch / Retail Purchase Mortgages (FSALAAAA)

akta.pro secondary industries

Government-Insured Mortgage Origination (FHA/VA/USDA) (FSALAAAI), Rate-and-Term Refinance Origination (FSALAAAE), Cash-Out Refinance Origination (FSALAAAF), Residential Mortgage Origination & Servicing (Retail) (FSABAAAD)

Keywords

• Mortgage lending
• Home loan origination
• Loan refinancing
• Down payment assistance
• First-time homebuyer programs

Headquarters

HQ city

Little Rock

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Origination Fees: The company earns revenue through mortgage origination fees charged to borrowers when they obtain a loan. This includes processing fees, underwriting fees, and other loan-related charges associated with originating home purchase and refinance loans.
2. Interest Rate Spread: Revenue is generated through the spread between the interest rate charged to borrowers and the cost of funds. The company offers various loan programs including conventional, FHA, VA, and USDA loans with different rate structures.
3. Loan Servicing: The company services loans, collecting monthly payments and managing escrow accounts for property taxes and insurance.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Bank of Little Rock Mortgage originates residential mortgage loans for home purchases and refinances through a network of branch offices staffed by loan officers across Arkansas, Missouri, and Alabama. Core offerings include conventional, FHA, VA, USDA, fixed-rate, adjustable-rate, and jumbo (up to $5 million) loans, along with a proprietary 1% down payment program and participation in Arkansas state assistance (ADFA, ADDI, MCC). The company also services loans it originates, handling monthly payment collection and escrow for taxes and insurance.

Product overview

Bank of Little Rock Mortgage is a traditional mortgage lending company offering a comprehensive suite of home financing products. The core offerings include home purchase loans (conventional, jumbo up to $5 million) and refinance products (rate reduction, cash-out, streamline options). Specialized loan programs include VA loans, USDA rural loans, FHA loans, and the company's own 1% Down Payment Program. The company also participates in Arkansas state assistance programs including ADFA Down Payment Assistance, Arkansas Dream Downpayment Initiative (ADDI), and Mortgage Credit Certificates. Supporting services include online prequalification, digital applications, mortgage calculators, and first-time homebuyer education seminars. The company operates multiple branch locations across Arkansas serving Little Rock, North Little Rock, Bentonville, and other communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Purchase Loans Mortgage loans that finance the purchase of a primary residence, second home, or investment property, with options for first-time homebuyers, experienced homeowners, and jumbo loans up to $5 million.
• Refinance Loans Mortgage refinancing options including rate reduction, term shortening, FHA Streamline, VA Interest Rate Reduction Refinance Loan (IRRL), cash-out refinancing, and zero closing cost options for existing homeowners.
• VA Loans U.S. Department of Veterans Affairs loans offering up to 100% financing with no monthly private mortgage insurance for eligible veterans, active-duty service members, reservists, and their spouses.
• USDA Rural Development Loans United States Department of Agriculture Rural Development loans offering up to 100% financing for properties in USDA-designated rural areas.
• Fixed Rate Mortgages Fixed rate home loans with terms of 10, 15, 20, or 30 years, providing rate and payment stability for the life of the loan.
• Adjustable Rate Mortgages (ARM) Adjustable rate mortgages with fixed initial periods of 3, 5, 7, or 10 years before the rate adjusts, marketed to short-term investors.
• 1% Down Payment Program Proprietary conventional loan program allowing qualified borrowers to purchase homes with just 1% down, requiring a minimum FICO score of 700+ and a maximum 43% debt-to-income ratio.
• Fannie Mae HomeReady Loan Low down payment mortgage originated through Bank of Little Rock Mortgage under the Fannie Mae HomeReady program, offering 3% down financing for qualifying home buyers and salable to Fannie Mae on the secondary market.
• Freddie Mac Home Possible Loan Low down payment mortgage originated through Bank of Little Rock Mortgage under the Freddie Mac Home Possible program for qualifying low down payment borrowers, eligible for sale to Freddie Mac on the secondary market.
• FHA Loans Federal Housing Administration-insured loan products, including FHA Streamline refinance options for existing FHA borrowers.
• ADFA Down Payment Assistance Arkansas Development Finance Authority program offering up to $6,000 for down payment and closing cost assistance as a second mortgage at 4% interest with a 10-year term.
• Arkansas Dream Downpayment Initiative (ADDI) First-time homebuyer assistance providing up to 6% of the purchase price (maximum $10,000) as a forgivable second mortgage over five years.
• Mortgage Credit Certificate (MCC) Federal tax credit program allowing qualifying first-time low-to-moderate income homebuyers to claim up to 50% of mortgage interest paid each year as a dollar-for-dollar tax credit.
• ADFA Move-Up Loan Arkansas Development Finance Authority program for both first-time and repeat homebuyers with household income up to $130,000 (three-person household) and a maximum home value of $250,000.
• Loan Servicing Servicing of originated mortgage loans, including collection of monthly payments and management of escrow accounts for property taxes and insurance.

Quantifiable outcome

• 99.6% customer satisfaction rating
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core.

• Arkansas Development Finance Authority (ADFA)coreStrategic or Co-development PartnerADFA offers various homeownership programs that Bank of Little Rock Mortgage participates in, including Down Payment Assistance Programs (DPA) providing up to $6,000, Arkansas Dream Downpayment Initiative (ADDI) providing up to 6% of purchase price (max $10,000), First-Time Homebuyer Federal Tax Credit/Mortgage Credit Certificate, and Move-Up Loan programs. These programs help qualifying Arkansans access affordable mortgage financing.
• Fannie MaecoreTechnology or IntegrationBank of Little Rock Mortgage originates loans that can be sold to Fannie Mae on the secondary market, including Home Ready mortgage programs for low down payment borrowers.
• Freddie MaccoreTechnology or IntegrationBank of Little Rock Mortgage originates loans eligible for secondary market sale to Freddie Mac, including Home Possible mortgage programs.
• U.S. Department of Veterans Affairs (VA)coreStrategic or Co-development PartnerThe VA guarantees mortgage loans for qualified veterans, allowing Bank of Little Rock Mortgage to offer VA loans with 100% financing and no monthly PMI to eligible borrowers.
• U.S. Department of Agriculture (USDA)coreStrategic or Co-development PartnerUSDA Rural Development loans are offered by Bank of Little Rock Mortgage for properties in designated rural areas, providing 100% financing options for eligible borrowers.
• Federal Housing Administration (FHA)coreStrategic or Co-development PartnerBank of Little Rock Mortgage offers FHA loan programs including Streamline refinance options for existing FHA borrowers.

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Caliber Home Loans: Retail-focused mortgage lender offering purchase and refinance loans including government-insured programs, broadly comparable to BLR Mortgage in product and GTM.
• Fairway Independent Mortgage Corporation: Retail-focused independent mortgage lender with branch network across the U.S., comparable multi-channel model combining local loan officers with in-house processing and broad government loan programs.
• PrimeLending: Multi-channel retail mortgage lender with branch network and full-service government loan offerings (FHA/VA/USDA), directly comparable in product mix and branch-led sales motion.
• Cornerstone Home Lending: Mid-size retail mortgage lender with branch network across multiple states and comparable product offerings including government-insured loans; similar size and retail-led go-to-market motion.
• Guild Mortgage Company: Retail mortgage lender with branch network across U.S., offering comprehensive government and conventional loan programs; comparable origination product set and branch-led customer experience.
• Movement Mortgage: Mid-large retail mortgage lender with branch network and strong relationship-realtor referral model; directly comparable to BLR Mortgage's branch-driven, referral-fed retail origination strategy.
• NewRez (Newcastle Investment Trust subsidiary): Retail and wholesale mortgage lender with broad loan program offering (conventional, FHA, VA, USDA); directly comparable in product breadth and retail/recruiting model.

Broad incumbents

• loanDepot: Large national retail mortgage lender with both retail branch and online channels; comparable retail purchase and refinance product set but at materially greater scale, including direct competition in Arkansas markets.
• Rocket Mortgage: The largest U.S. retail mortgage lender with national brand and online origination platform; direct competitor for refinance and purchase originations nationwide, including Arkansas.

Regional players

• Arvest Bank Mortgage Division: Arkansas-headquartered regional bank with retail mortgage lending operations; directly competes with BLR Mortgage in Arkansas markets with similar government loan programs and branch presence.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/blrmortgage
• Facebookfacebook.com/bank-of-little-rock-mortgage-196202187182757
• LinkedInlinkedin.com/company/bank-of-little-rock-mortgage

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 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 BANK OF LITTLE ROCK MORTGAGE