MTH Mortgage, a partnership of imortgage and Meritage Homes

What MTH Mortgage, a partnership of imortgage and Meritage Homes does

MTH Mortgage, LLC is a captive residential mortgage originator structured as a joint venture between imortgage (a mortgage lending brand associated with loanDepot, based on the loandepot.com accessibility-support contact and use of the mello™ platform) and Meritage Homes, a national homebuilder. The company exists to finance home purchases for buyers of Meritage Homes new-construction communities, serving as the builder's preferred/affiliated lender. It operates from a Scottsdale, Arizona headquarters with a secondary office in Irvine, California, employs an estimated 11–50 people, and is licensed to originate in 12 states across the Southwest, West, South, and Southeast (Alabama, Arizona, California, Colorado, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Texas, and Utah) under corporate NMLS ID 167881.

The product surface is narrow and delivery-oriented rather than technology-owned: a consumer-facing digital mortgage application and pre-approval portal (apply.mthmortgage.com) powered by the mello™ digital lending solution, which is imortgage/loanDepot's proprietary platform rather than MTH-built IP. Supporting technical components are limited to standard web integrations — Google Maps, Places, and Geocoding APIs for branch location — plus third-party loan-origination systems, credit bureaus, and title/escrow partners referenced in its privacy policy. The company holds a registered MTH Mortgage® trademark but discloses no patents, proprietary models, or engineering assets of its own.

Revenue mechanics follow a standard mortgage-origination model: income from origination fees, interest/rate spread, and servicing on loans written for Meritage buyers. No rates or fee tiers are publicly disclosed; pricing is underwriting-dependent on borrower credit, loan amount, property, and market conditions. Go-to-market is almost entirely inbound and embedded — customers are routed from Meritage Homes' sales offices and website into MTH's self-serve digital application and call center (877-388-5362), with minimal independent marketing beyond the website and organic social presence. The customer base is effectively a single vertical: individual new-home buyers within Meritage communities.

Name

MTH Mortgage, a partnership of imortgage and Meritage Homes

Legal name

MTH Mortgage, LLC

Website

https://mthmortgage.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

A captive residential mortgage lender jointly owned by imortgage and homebuilder Meritage Homes, originating home loans for Meritage new-construction buyers across 12 U.S. states via a digital application built on the mello™ lending platform.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Real Estate Credit (522292)

SIC

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

akta.pro primary industry

Purchase Mortgage Origination (Homebuyer Focused) (FSALAAAD)

Keywords

• Mortgage lending
• Home loan services
• Digital mortgage
• New construction financing
• Mortgage origination

Headquarters

HQ city

Scottsdale

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Lending Services: MTH Mortgage generates revenue through mortgage origination and lending services. As a mortgage lender, they earn revenue through interest rates on loans originated, origination fees, and servicing fees. The company operates as a partnership between imortgage and Meritage Homes, providing financing exclusively for Meritage Homes homebuyers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

MTH Mortgage, LLC originates and funds residential mortgage loans for individual homebuyers purchasing newly constructed homes from Meritage Homes, operating as a joint-venture mortgage lender between imortgage and Meritage Homes. The company delivers its lending services through the proprietary mello™ digital lending platform, enabling online pre-approval, digital mortgage applications, and coordinated closings with the homebuilder across 12 U.S. states.

Product overview

MTH Mortgage operates as a partnership between imortgage and Meritage Homes, providing specialized mortgage lending services for home buyers purchasing Meritage Homes properties. The core offering consists of the proprietary mello™ digital lending solution, which powers a digital mortgage application platform. The platform enables a simplified, seamless mortgage experience from pre-approval through closing, designed to work closely with Meritage Homes to ensure consistent customer service throughout the home purchase transaction.

Differentiator

Problem solved

Functional benefit

Products and services

• mello™ Digital Lending Solution The proprietary digital lending platform that powers MTH Mortgage's online mortgage application and pre-approval process for homebuyers purchasing Meritage Homes properties.
• Digital Mortgage Application Online mortgage application and pre-approval tool that allows individual consumers to apply for a home loan, track their application, and coordinate the mortgage process with their Meritage Homes purchase.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Meritage HomescoreStrategic or Co-development PartnerMTH Mortgage is a partnership venture between imortgage and Meritage Homes. The company serves as the exclusive or preferred mortgage partner for Meritage Homes, providing financing solutions for homebuyers purchasing Meritage homes. This partnership enables seamless coordination between homebuilding and mortgage financing, creating an integrated customer experience.
• imortgagecoreStrategic or Co-development Partnerimortgage is the parent company partner in the MTH Mortgage joint venture. As one of the founding partners, imortgage provides mortgage lending expertise and technology platform capabilities to the partnership.

Scale indicators2 records

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• Rocket Mortgage: Largest U.S. retail mortgage lender. Comparable as a digital-first originator competing for the same digital, direct-to-consumer purchase mortgage demand.
• NewRez (Shellpoint Mortgage Servicing): Large U.S. non-bank mortgage originator and servicer. Comparable as a multi-state digital mortgage lender competing for the same residential purchase and refinance demand.
• loanDepot: Large U.S. non-bank mortgage lender and partner in MTH Mortgage's JV structure (imortgage). Comparable as a multichannel originator competing for purchase and refinance volume.

Direct peers

• Pulte Mortgage: Captive mortgage lender for PulteGroup. Closely comparable business model — providing purchase financing exclusively or primarily to the parent homebuilder's customers.
• DHI Mortgage: Captive mortgage lender for D.R. Horton, the largest U.S. homebuilder. Closely comparable as a builder-affiliated lender providing dedicated purchase financing to one homebuilder's buyers across multiple states.
• Shea Mortgage: Captive mortgage arm of Shea Homes. Comparable as a dedicated homebuilder-affiliated lender targeting Shea new-home purchase transactions.
• Tri Pointe Mortgage: Mortgage operations within the Tri Pointe Homes group. Comparable builder-affiliated lender offering streamlined purchase financing to Tri Pointe home buyers.
• Toll Brothers Mortgage: Captive mortgage company of Toll Brothers. Comparable in providing preferred-lender financing tied to a large U.S. homebuilder's purchase transactions.
• KBHS Mortgage: Mortgage subsidiary of KB Home. Directly comparable as a builder-affiliated home loan provider serving a single homebuilder's purchase volume.
• Lennar Mortgage: In-house mortgage arm of Lennar, one of the largest U.S. homebuilders. Directly comparable as a builder-integrated lender that streamlines financing for Lennar buyers.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/mthmortgage
• LinkedInlinkedin.com/company/mth-mortgage

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 MTH Mortgage, a partnership of imortgage and Meritage Homes