Castle & Cooke Mortgage, LLC

What Castle & Cooke Mortgage, LLC does

Castle & Cooke Mortgage, LLC is a privately held, direct residential mortgage lender founded in 2005 and headquartered in Draper, Utah. The company originates mortgage loans through a distributed network of licensed loan officers operating from branch locations across more than 35 U.S. states, supplemented by a Consumer Direct inside-sales center and digital self-serve channels including an online application portal (apply.castlecookemortgage.com) and mobile application. Its loan portfolio spans Conventional, FHA, VA, USDA, Jumbo, Renovation, Non-QM, Investor, and Reverse Mortgage products, alongside first-time and repeat buyer programs, with sub-products SimpliFi (streamlined application platform) and SmoothStart (free one-year rate buydown) supporting borrower acquisition and conversion. Underlying technology consists of an in-house lending system with in-house processing and underwriting, plus supporting digital tooling rather than a proprietary AI platform.

Revenue is generated primarily through transaction-based mortgage origination fees at closing and interest income on originated mortgages, with pricing individualized by borrower credit profile, loan type, and market conditions. The company serves retail consumer segments — first-time homebuyers, repeat buyers, refinance borrowers, and real estate investors — and partners with real estate agents as a referral channel that complements its direct sales motion. Operational differentiators include in-house processing and underwriting enabling under-24-hour file turnaround, a multi-state licensing footprint (NMLS#1251), and broad product breadth. The company employs 251-500 staff and was recognized as one of Mortgage Executive Magazine's Top 50 Places to Work for 2025.

Name

Castle & Cooke Mortgage, LLC

Legal name

Castle & Cooke Mortgage, LLC

Website

https://castlecookemortgage.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

251–500 employees

Short description

Castle & Cooke Mortgage, LLC is a privately held direct residential mortgage lender founded in 2005, originating Conventional, government-backed, and specialty loans across 35+ U.S. states through licensed loan officers, digital self-serve channels, and real estate agent referral partnerships.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Real Estate Credit (522292), Nondepository Credit Intermediation (5222)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro industry

PRIMARYFSALAAAG

First-Time Homebuyer (FTHB) Mortgage Origination

Financial & Insurance/Mortgage & Housing Finance/Residential Mortgage Origination (Retail & Consumer Direct)

SECONDARYFSALAAAL

Renovation Mortgage Origination (FHA 203(k), HomeStyle, CHOICERenovation)

Financial & Insurance/Mortgage & Housing Finance/Residential Mortgage Origination (Retail & Consumer Direct)

SECONDARYFSALAIAA

Reverse Mortgage Origination (HECM & Proprietary)

Financial & Insurance/Mortgage & Housing Finance/Reverse Mortgages

Keywords

• Residential mortgage lending
• Home loan origination
• Mortgage refinancing services
• Government-backed loans
• Home purchase financing

Headquarters

HQ city

Draper

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage origination fees: Fees charged at closing for originating mortgage loans, including origination fees, underwriting fees, and other loan-related charges
2. Interest income on originated mortgages: Revenue generated from the interest on mortgages originated and held or sold to investors. Castle & Cooke Mortgage is a direct lender that originates loans and may sell them to servicers while maintaining customer relationships.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Castle & Cooke Mortgage is a direct residential mortgage lender that originates home purchase and refinance loans through a network of licensed loan officers and branch offices across more than 35 U.S. states. The company funds Conventional, FHA, VA, USDA, Jumbo, Renovation, Non-QM, Investor, and Reverse Mortgage loans, performing processing and underwriting in-house to turn files in under 24 hours. Borrowers can apply online, via a mobile app, or through a dedicated loan officer, with complementary programs such as SmoothStart (a free one-year rate buydown) and SimpliFi (a streamlined application platform).

Product overview

Castle & Cooke Mortgage, LLC is a direct mortgage lender offering a comprehensive suite of residential mortgage products. The core offering consists of various loan programs including Conventional, FHA, VA, USDA, Jumbo, Renovation, Non-QM, Investor, and Reverse Mortgage products, complemented by purchase programs for First Home and Next Home buyers. The company provides additional value through SmoothStart (a free one-year buydown program), SimpliFi (streamlined application platform), Down Payment Assistance programs, and online Mortgage Calculators. The product portfolio is unified around the core mission of helping families achieve homeownership through competitive rates, fast processing (files processed in under 24 hours), and personalized loan officer guidance across 38+ states.

Differentiator

Problem solved

Functional benefit

Products and services

• Conventional Loans

Quantifiable outcome

• Loan files processed in under 24 hours through in-house underwriting
• +1 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Movement Mortgage: Nonbank retail mortgage lender known for fast in-house processing and broad product offerings, with a comparable mix of purchase and refinance programs across many states.
• loanDepot, Inc. Large direct-to-consumer mortgage lender with multi-channel retail, consumer direct, and partner channels offering purchase and refinance products nationwide, comparable to Castle & Cooke's direct lender model.
• American Pacific Mortgage Corporation: Independently owned nonbank mortgage lender with broad retail branch network and full product menu including Conventional, FHA, VA, USDA, and Jumbo loans.
• NewRez LLC (Newrez): National nonbank mortgage originator and servicer offering a comparable full spectrum of Conventional, FHA, VA, USDA, and Jumbo products through retail and wholesale channels across many U.S. states.
• Fairway Independent Mortgage Corporation: Mid-sized nonbank mortgage lender with a branch-based retail model offering a full product menu including Conventional, FHA, VA, USDA, Jumbo, Renovation, and Reverse Mortgages nationwide.
• Caliber Home Loans: National nonbank mortgage lender offering Conventional, FHA, VA, USDA, Jumbo, and Non-QM products through retail and wholesale channels across many states.
• Plaza Home Mortgage: Nonbank lender providing retail and wholesale mortgage products (Conventional, FHA, VA, USDA, Jumbo) including Renovation and Non-QM; geographically overlapping and similarly mid-sized.

Broad incumbents

• Rocket Mortgage (Rocket Companies): Industry-leading direct-to-consumer mortgage originator with a flagship digital platform and broad product portfolio; competes most directly with Castle & Cooke's Consumer Direct Center and online application portal.
• United Wholesale Mortgage (UWM): Largest U.S. wholesale mortgage lender with broad product set (Conventional, FHA, VA, USDA, Jumbo, Non-QM); competes via broker and emerging retail channels, similar product lineup to Castle & Cooke.
• PennyMac Financial Services: Large U.S. nonbank mortgage lender and servicer with retail, broker direct, and correspondent channels; comparable full product suite including government and conventional programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/castle.cooke.mortgage
• LinkedInlinkedin.com/company/castle-%26-cooke-mortgage
• Instagraminstagram.com/castlecookemortgage
• Xx.com/castleandcooke

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Castle & Cooke Mortgage, LLC