U.S. MORTGAGE FUNDING, INC.

What U.S. MORTGAGE FUNDING, INC. does

U.S. Mortgage Funding, Inc. is a privately held, Illinois-based residential mortgage banker that originates purchase and refinance loans directly to consumers through a network of 20-plus licensed Mortgage Bankers. The company holds individual state lending licenses in Illinois (DBA primary), Texas (operated as Big Star Mortgage, Inc.), Wisconsin, Indiana, Florida, and Michigan, with NMLS ID 1724878 and BBB A+ accreditation. It targets four primary borrower segments: first-time homebuyers, experienced buyers, military veterans (VA loans), and non-conventional borrowers served by its proprietary Beyond Program using bank-statement qualifying.

The core product suite spans conforming agency, non-conforming jumbo, FHA, VA, HARP, non-QM portfolio, and second mortgages, alongside refinance products (cash-out, debt consolidation, MIP reduction, lower payments, VA IRRRL/VA cash-out). Differentiated proprietary programs include GoodToGo (fully underwritten pre-approval issued before the borrower finds a property), the Guaranteed On-Time Closing program, an exclusive down payment assistance program, and the Beyond Program. Distribution combines a direct banker-led motion, online application and self-service tooling (mortgage calculator, application checklist, newsletter), a Zillow lender profile, and referral partnerships with attorneys, CPAs, insurance agents, REALTOR/home builder associations, and the Naperville Chamber of Commerce.

Revenue is generated through loan origination fees, interest-rate lock fees, and net interest spread on originated mortgages, with no disclosed public financials, no institutional funding, and an 11-50 employee footprint suggesting a small to mid-sized regional lender rather than a balance-sheet-heavy or fintech-disruptor model.

Name

U.S. MORTGAGE FUNDING, INC.

Legal name

U.S. Mortgage Funding, Inc.

Website

https://usmortgagefunding.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

U.S. Mortgage Funding, Inc. is a privately held Illinois-based mortgage banker originating purchase and refinance loans directly to consumers through dedicated Mortgage Bankers across six states, offering conforming, FHA, VA, jumbo, and non-QM products alongside its proprietary GoodToGo pre-approval and Beyond non-conventional borrower programs.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Real Estate Credit (522292)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Government-Insured Mortgage Origination (FHA/VA/USDA) (FSALAAAI)

akta.pro secondary industry

Closed-End Home Equity Loans (Second Mortgages) (FSALAGAA)

Keywords

• Residential mortgage lending
• Home purchase loans
• Home refinance loans
• VA and FHA loans
• Mortgage banking services

Headquarters

HQ city

Oak Brook

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Loan Origination Fees: Fees charged to process and originate mortgage loans. Origination fees are typically expressed as a percentage of the loan amount and cover the work in evaluating and processing the loan.
2. Interest Rate Lock Fees: Fees associated with locking in interest rates for borrowers during the loan application period, protecting them against rate fluctuations.
3. Mortgage Interest Income: Revenue generated from the spread between origination rates and cost of funds on mortgages originated and held.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

U.S. Mortgage Funding is a residential mortgage banker that originates and funds home purchase and refinance loans directly to consumers through a network of dedicated Mortgage Bankers. Its offerings span conforming, jumbo, FHA, VA, HARP, non-QM portfolio, and second mortgage products, alongside proprietary programs such as GoodToGo (pre-underwritten pre-approval), the Beyond program (financing for self-employed and credit-challenged borrowers), and a Guaranteed On-Time Closing commitment. The company operates as a direct lender licensed in six U.S. states.

Product overview

U.S. Mortgage Funding offers a comprehensive suite of mortgage products and services built around a dedicated Mortgage Banker model. The core offering includes purchase mortgages (First Time Homebuyer and Experienced Homebuyer programs) and refinance products, supported by proprietary programs including GoodToGo (pre-underwritten approval), Guaranteed On-Time Closing, and the Beyond Program for unconventional borrowers. Loan products span Conforming Agency, Non-Conforming Jumbo, FHA, VA, HARP, Non-QM Portfolio, and Second Mortgages. Refinance options include cash-out, debt consolidation, MIP reduction, and lower payments products. Value-added tools include an application checklist, mortgage calculator, and exclusive down payment assistance. The company operates as a direct lender with 30+ years of combined experience serving Illinois, Texas, Wisconsin, Indiana, Florida, and Michigan.

Differentiator

Problem solved

Functional benefit

Brands

• GoodToGo: A revolutionary program that provides home buyers with a full approval BEFORE they find a home, with a fully underwritten mortgage approval without a property address.
• Beyond

Products and services

• GoodToGo Program
• Guaranteed On-Time Closing
• Beyond Program
• Down Payment Assistance Program
• Conforming Agency Loans
• Non-Conforming Jumbo Loans
• FHA Loans
• VA Home Loans
• HARP Loans
• Non-QM Portfolio Loans
• Second Mortgages
• Debt Consolidation Refinance
• Cash-Out Refinance
• MIP Reduction Refinance
• Lower Payments Refinance
• IRRRL (Interest Rate Reduction Refinance Loan)
• VA Cash-Out Refinance

Quantifiable outcome

• Loans can close in as little as 20 days after receiving all application documents
• +4 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Six partnerships are on record, tiered minor.

• Law Office of Joseph TalaricominorImplementation/ SI/ Consulting PartnerAttorney partner providing legal services for real estate transactions. Located at 15000 S Cicero Ave, Oak Forest, IL 60452, Phone: (708) 687-8200.
• Craig Shaffer & AssociatesminorImplementation/ SI/ Consulting PartnerCPA firm providing accounting and tax services for mortgage applicants. Located at 2720 S River Rd #109, Des Plaines, IL 60018, Phone: (847) 299-0200.
• Brittany Deeds / Goosehead InsuranceminorStrategic or Co-development PartnerInsurance agent providing homeowners insurance and related products. Located at 612 Executive Drive, Willowbrook, IL 60527, Phone: (312) 764-5701.
• Chicago Association of REALTORSminorGTM or Marketing PartnerLocal real estate professional association providing networking and referral opportunities for mortgage referrals.
• Northern Illinois Home BuildersminorGTM or Marketing PartnerHome builders association providing networking and potential builder partnership opportunities.
• Naperville Area Chamber of CommerceminorGTM or Marketing PartnerLocal chamber of commerce providing business networking and community connections in the Naperville service area.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Fairway Independent Mortgage: Retail mortgage banker operating across multiple states with conventional, government, and specialty loan products. Comparable for its branch and loan-officer-driven retail model with diversified purchase and refinance offerings.
• Movement Mortgage: Retail mortgage lender focused on purchase originations through a distributed loan officer network. Comparable business model emphasizing relationship-driven banker relationships and a multi-state retail footprint.
• NewRez (Rithm Capital): Retail and wholesale mortgage originator with a diversified product set including conventional, government, and non-QM. Comparable for its multi-channel retail offering and emphasis on specialty programs alongside core agency products.
• Caliber Home Loans: Retail and correspondent mortgage lender with a full suite of purchase, refinance, FHA, VA, and non-QM products. Comparable in offering specialty programs for non-conventional borrowers alongside core agency origination.
• PrimeLending: National retail mortgage originator offering purchase and refinance loans including FHA, VA, and non-QM products. Comparable as a multi-state retail lender with similar product breadth and consumer-direct origination approach.
• loanDepot: National retail and wholesale mortgage originator with comparable product breadth (conventional, FHA, VA, HELOC, refinance). Similar direct-to-consumer motion and focus on digital plus loan-officer-assisted origination.
• CrossCountry Mortgage: Multi-state retail mortgage banker offering purchase, refinance, FHA, VA, and non-QM products through a network of loan officers. Directly comparable in product mix, retail consumer-direct GTM, and reliance on individual banker relationships.
• Guild Mortgage: Mid-size retail mortgage lender offering purchase and refinance products including FHA, VA, and non-QM programs. Comparable as a relationship-driven retail banker with diversified product suite and a regional-to-national footprint.

Broad incumbents

• United Wholesale Mortgage: Largest US mortgage lender overall, primarily wholesale but with growing retail. Comparable product suite but operates at national scale with significantly larger technology and pricing capabilities than any regional retail banker.
• Rocket Mortgage: Largest US retail mortgage lender and dominant digital-first originator. Comparable in offering purchase and refinance products across all major loan types, but at vastly greater scale and with materially larger technology investment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 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 U.S. MORTGAGE FUNDING, INC.