5th Street Capital

What 5th Street Capital does

5th Street Capital, Inc. is a wholesale-only, independently owned non-qualified mortgage (non-QM) lender founded in 2015 and headquartered in San Diego, California. The company provides mortgage brokers with a portfolio of 13 specialty loan programs designed for borrowers who cannot meet agency underwriting guidelines: Bank Statement, DSCR, Asset Depletion, P&L Only, 1099, ITIN, Foreign National, Full Doc, TIC, Non-Warrantable Condos, Closed-End Seconds, Multi-Family 5-8, and Cannabis Income loans. It is licensed as an Equal Housing Lender under NMLS #1436495 and operates across 27 states, with no retail origination channel of its own.

The technology stack is built around third-party integrations rather than proprietary systems: real-time pricing is delivered through dual Quick Pricer engines powered by Lender Price and LoanNEX, loan pipeline management runs on Mortgagebot LOS, broker approval and compliance screening is handled through Comergence, and appraisal ordering is routed through a network of seven approved AMCs (Axis, Golden State, Property Rate, Opteon, AAG, Class Valuation, HomeVMS). Product-facing tools include Bank Statement and DSCR calculators, downloadable product matrices, and a how-to resource center. There are no patents, proprietary models, or disclosed AI/ML capabilities.

Revenue is generated entirely on a transaction-fee basis: a $1,595 base lender fee per loan plus ancillary charges ($135 credit report, $14 flood certification, $250 entity review, $15-$155 appraisal review, $150 redraw, $600 TIC review, $250 trust review). The company sells exclusively through a seven-person Account Executive team that provides scenario support and underwriting consultation to approved brokers, with standardized 24-hour turn times across all pipeline stages. No funding rounds, M&A activity, or external institutional ownership have been disclosed.

Name

5th Street Capital

Legal name

5th Street Capital, Inc.

Website

https://5thstcap.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

5th Street Capital is a wholesale-only, independently owned non-QM mortgage lender that provides mortgage brokers with a portfolio of 13 specialty loan programs, including Bank Statement, DSCR, ITIN, Foreign National, and Cannabis Income loans, across 27 U.S. states.

Ownership category

akta.pro rank

Product category

Wholesale Non-QM Mortgage Lending

NAICS

Real Estate Credit (522292), Mortgage and Nonmortgage Loan Brokers (522310), Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Mortgage Bankers & Loan Correspondents (6162), Loan Brokers (6163)

akta.pro primary industry

Non-QM & Specialty Wholesale Lending (Bank Statement/DSCR/Alt-Doc) (FSALACAD)

akta.pro secondary industries

Wholesale Mortgage Lending (Broker Channel) (FSALACAA), Non-Qualified Mortgage (Non-QM) & Specialty Product Brokers (FSALABAG), Hard Money & Private Mortgage Lending Intermediation (FSAEAEAH)

Keywords

• Wholesale mortgage lending
• Non-QM loans
• Residential financing
• Mortgage broker services
• Alternative documentation loans

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Loan Origination Fees: Wholesale lender generating revenue through loan origination fees charged to brokers. Lender fees include $1,595 base fee plus ancillary fees for credit reports, flood certification, entity reviews, appraisal reviews, and specialty product reviews.
2. Ancillary Loan Fees: Additional fees including Credit Report ($135), Flood Certification ($14), Entity Review ($250), Appraisal Review ($15-$155), Redraw Fee ($150), TIC Review ($600)

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

5th Street Capital is a wholesale-only, independently owned non-QM (non-qualified mortgage) lender that provides mortgage brokers with a portfolio of loan products designed for borrowers who do not fit conventional lending guidelines, including self-employed borrowers, real estate investors, foreign nationals, ITIN holders, and cannabis industry borrowers. The company supports brokers with dedicated Account Executives, an online broker portal (MortgagebotLOS), and Quick Pricer tools powered by Lender Price and LoanNEX, generating revenue through per-loan lender fees and ancillary fees.

Product overview

5th Street Capital is a wholesale-only, independently owned non-QM (non-qualified mortgage) lender that provides mortgage brokers with a comprehensive suite of loan products designed for borrowers who do not fit conventional lending guidelines. The portfolio includes Bank Statement Loans, DSCR (Debt Service Coverage Ratio) Loans, Asset Depletion Loans, P&L Only Loans, 1099 Only Loans, TIC (Tenancy in Common) Loans, ITIN Loans, Foreign National Loans, Full Doc Loans, Non-Warrantable Condo Loans, Closed-End Second Loans, Multi-Family 5-8 Unit Loans, and Cannabis Income Loans. The company supports brokers with technology tools including Quick Pricer (powered by Lender Price and LoanNEX), a Broker Portal for loan submission and tracking, Product Matrices, How-To Guides, DSCR and Bank Statement calculators, and access to approved Appraisal Management Companies (AMCs) for ordering appraisals. 5th Street Capital operates as a wholesale-only lender, not affiliated with any retail mortgage company, and is licensed in 27 states across the western, southwestern, and southeastern US.

Differentiator

Problem solved

Functional benefit

Products and services

• Bank Statement Loans Loan program for self-employed borrowers and business owners using 12 or 24 months of personal or business bank statements to qualify income without tax returns. Features up to 90% LTV to $2M with 700 FICO, no accountant letter required, and expense factors as low as 15%. Sold wholesale to mortgage brokers.
• DSCR (Debt Service Coverage Ratio) Loans Investor-focused loan programs qualifying borrowers based on property cash flow rather than personal income. Includes Traditional DSCR (minimum 0.75 DSCR, up to 85% LTV) and No Ratio DSCR (no minimum DSCR, up to 75% LTV). Loan amounts $250K to $3.5M for SFR, condo, 1-4 units, and 5-8 unit properties. Sold wholesale to mortgage brokers.
• Asset Depletion Loans Asset-based qualification program for high-net-worth borrowers using liquid assets (savings, investments, retirement funds) to generate qualifying income without liquidating assets. Assets are divided by 60 months to calculate monthly qualifying income. Available as supplemental or standalone, with loan amounts up to $4M. Sold wholesale to mortgage brokers.
• P&L Only Loans Self-employed borrower program using business profit and loss statements with tax preparer certification to qualify income without requiring tax returns or transcripts. Income calculated as the lower of signed 1003 income or P&L profit amortized over 12 months. Loan amounts up to $3.5M. Sold wholesale to mortgage brokers.
• 1099 Only Loans Minimal documentation program for freelancers, gig workers, and business owners using 1099 forms to demonstrate income without tax returns. Loan amounts up to $4M, 85% LTV to $2M, expense factors as low as 10%, with cash-out available. Sold wholesale to mortgage brokers.
• TIC (Tenancy in Common) Loans Fractional financing for multiple co-owners holding individual ownership shares in a property. Available in California only, with max 85% LTV for warrantable projects and 80% for non-warrantable projects. TIC Agreement legal review required at $600. Sold wholesale to mortgage brokers.
• ITIN Loans Mortgage financing for non-US citizens using an Individual Taxpayer Identification Number (ITIN) who reside and work in the US without US citizenship or SSN. Requires 2-year US residence/work history, valid US FICO with minimum 2 scores, and 12-month housing history. Sold wholesale to mortgage brokers.
• Foreign National Loans Financing for non-US residents or non-permanent residents using foreign income or assets for qualification without requiring US credit history. Loan amounts $200K-$3M, up to 80% LTV on second homes, with DSCR available for non-owner occupied purchases. Sold wholesale to mortgage brokers.
• Full Doc Loans Traditional full documentation loans that do not meet conforming guidelines due to FICO, DTI, credit event, or property type. Features 1-2 year tax return qualifying, DTI up to 55%, newly self-employed considered, and declining income with letter of explanation. Sold wholesale to mortgage brokers.
• Non-Warrantable Condo Loans Financing for condo properties that fall outside agency guidelines due to investor concentration, HOA litigation, mixed-use projects, or single-entity ownership structures. Loan amounts up to $3.5M with no cap on investor concentrations and single-entity ownership up to 30%. Sold wholesale to mortgage brokers.
• Closed-End Second Loans Second mortgage program allowing homeowners to access equity without refinancing their low first-mortgage rate. Loan amounts $250K-$850K at 75% CLTV, or up to $500K at 90% CLTV. Creates blended rates lower than cash-out refinances. Sold wholesale to mortgage brokers.
• Multi-Family 5-8 Unit Loans DSCR-based financing for 5-8 unit multi-family and mixed-use properties (up to 49% commercial). Max $2M loan, 75% LTV, DSCR >1.0, $1M max cash-out. Not available in NY or IL. Sold wholesale to mortgage brokers.
• Cannabis Income Loans Specialized financing for licensed cannabis dispensary owners and distributors, addressing the financing gap caused by regulatory complexity. Loan amounts $250K-$3M with 90% LTV to $2M, 80% LTV to $2.5M, 75% LTV to $3M. Not available for growers or cultivation businesses. Sold wholesale to mortgage brokers.
• Quick Pricer Online pricing tool powered by Lender Price that enables approved mortgage brokers to calculate and compare loan scenarios, pricing, and rates in real time. Brokers must contact their Account Executive to confirm pricing and lock loans.
• Standard Quick Pricer (LoanNEX) Online pricing tool powered by LoanNEX that enables approved mortgage brokers to find the right loan for their scenario and lock loans directly from the platform.
• Broker Portal Web-based loan origination portal (MortgagebotLOS) for approved mortgage brokers to upload loan files, track status, view credit reports, manage conditions, view disclosures, manage rate locks, and view loan decisions. Requires registration with individual and company NMLS numbers.

Quantifiable outcome

• 24-hour intake and funding turn times
• +2 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered core.

• Axis AMCcoreTechnology or IntegrationApproved appraisal management company. Brokers with Axis accounts linked to 5th Street Capital can order appraisals through their platform. New accounts set up via [email protected].
• Golden State AMCcoreTechnology or IntegrationApproved AMC integrated with AppraisalScope platform. Existing clients sign in through goldstate.appraisalscope.com. New brokers can create accounts through Client Sign Up.
• Property Rate AppraisalcoreTechnology or IntegrationApproved AMC partner. Brokers access via propertyrate.com/partner/5thstreet for broker login or registration.
• OpteoncoreTechnology or IntegrationApproved AMC partner. Brokers access via opteonsolutions.com/us/log-in for lender/mortgage broker login or sign up.
• Accelerated Appraisal Group (AAG)coreTechnology or IntegrationApproved AMC partner. Brokers access via aag.myvalutrac.com. New clients register through provided link.
• Class ValuationcoreTechnology or IntegrationApproved AMC partner integrated with AppraisalScope. Brokers sign in via class.appraisalscope.com or sign up at classvaluation.com.
• HomeVMScoreTechnology or IntegrationApproved AMC partner. Existing @Home users sign in via customer.homevms.com. New users email [email protected] for credentials.
• Lender PricecoreTechnology or IntegrationTechnology provider powering the Quick Pricer tool for real-time loan pricing. Provides dynamic pricing engine for brokers.
• LoanNEXcoreTechnology or IntegrationTechnology provider powering the Standard Quick Pricer tool. Enables brokers to price and lock loans directly.
• Comergence CompliancecoreTechnology or IntegrationCompliance platform used for all broker approvals. Brokers must go through Comergence verification process before becoming approved partners.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• CoreVest Finance: Specializes in real estate investor financing, particularly DSCR-based loans for single-family rental investors. Comparable in DSCR and investor borrower focus, though CoreVest's primary distribution is direct to investors rather than through mortgage brokers.

Direct peers

• Lombard Mortgage: Wholesale non-QM lender offering bank statement, DSCR, asset-based, and other non-conforming products. Direct peer in the same broker channel with comparable specialty product positioning.
• Verus Mortgage Capital: Non-QM investor in the wholesale channel, partnering with mortgage brokers on non-conforming loans. Comparable in mission — funding non-QM production for the broker community — and in program mix.
• Sprout Mortgage: Wholesale non-QM lender offering bank statement, DSCR, asset depletion, and other niche programs to brokers. Direct competitor in the same broker channel with overlapping product suite.
• Angel Oak Mortgage Solutions: Wholesale non-QM lender serving mortgage brokers with bank statement, DSCR, and other non-conforming products. Directly comparable in distribution model, product breadth, and target broker segment.
• Deephaven Mortgage: Non-QM lender active in wholesale distribution, offering bank statement, DSCR, and investor programs. Comparable business model, product mix, and broker target market.
• Athas Capital Group: Wholesale non-QM and DSCR lender focused on self-employed, investor, and foreign national borrowers. Direct peer given overlap in non-conforming product mix and broker-distribution model.
• Carrington Wholesale: Wholesale division of Carrington offering government, conventional, and non-QM products to brokers, including niche investor and bank statement programs. Comparable in broker-channel focus and non-QM product range.

Broad incumbents

• Caliber Home Loans: Large non-QM and wholesale lender offering a wide portfolio of specialty products to brokers. Broad incumbent with overlapping product range but materially larger scale and broader state coverage.
• NewRez (wholesale non-QM division): Large national mortgage lender with a wholesale channel that includes non-QM and specialty products. Comparable in non-QM product availability but a much broader incumbent with greater scale and geographic reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/5th-street-capital-inc-/posts/?feedView=all
• Instagraminstagram.com/5thstcap
• Xx.com/5thstcap

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 5th Street Capital