Victory Mortgage
Victory Mortgage is a private mortgage banking company founded in 1991 that originates residential mortgages through 10 branches across 7 states. It serves homebuyers with conventional, FHA, VA, USDA, and jumbo loans, specializing in new construction financing via its Fischer Homes partnership.
- Company typePrivate
- Founded1991
- HeadquartersErlanger, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Victory Mortgage does
Victory Mortgage is a privately held mortgage banking company headquartered in Erlanger, Kentucky, founded in January 1991. It originates and services residential mortgage loans through 10 branch locations across 7 states (Kentucky, Ohio, Indiana, Missouri, Georgia, Florida, and North Carolina), with company-reported cumulative loan funding of over $10.6 billion since inception. The company's origin specialty is new construction mortgage financing, anchored by an exclusive affiliation with Fischer Homes, the nation's 30th-largest residential home builder, across Ohio, Indiana, Kentucky, Missouri, Georgia, and Florida. Victory Mortgage is an approved seller/servicer for Fannie Mae and Freddie Mac and an approved originator for FHA, VA, USDA, KHC, and OHFA loan programs, offering a full product suite that includes fixed and adjustable rate, FHA, VA, USDA, bridge, jumbo, and investment property mortgages.
The company's technology stack consists of an internet-based mortgage processing platform integrated with agency automated underwriting systems, complemented by a secure Borrower Portal for online applications, document submission, and status tracking, as well as a suite of online mortgage calculators. There is no evidence of proprietary AI/ML capability; underwriting relies on standard GSE and government-agency automated systems. GTM is sales-led, with Loan Originators and Branch Managers at each physical location driving customer acquisition through direct outreach, pre-qualification workflows, and relationship-based referrals from past customers, Realtors, and homebuilder partners. Educational content is delivered through the 'Mortgage Minute with Megan' video series.
Revenue is generated primarily through transaction-based mortgage origination fees collected at loan closing, supplemented by recurring servicing fee income from retained loan servicing rights. Pricing is personalized by borrower profile (credit score, income, loan type, amount, down payment, and prevailing rates) and is not published online; customers must contact a Loan Officer directly for rate quotes. The 'Customer for Life' philosophy drives a referral-dominated production model, with 96% customer satisfaction and 95% on-time closings reported as operational KPIs. Victory Mortgage is independently held with no parent company or disclosed institutional investors and has no public funding rounds.
Victory Mortgage firmographics
Firmographics- Name
- Victory Mortgage
- Legal name
- Victory Mortgage LLC
- Website
- https://victorymortgage.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Victory Mortgage is a private mortgage banking company founded in 1991 that originates residential mortgages through 10 branches across 7 states. It serves homebuyers with conventional, FHA, VA, USDA, and jumbo loans, specializing in new construction financing via its Fischer Homes partnership.
- Ownership category
- akta.pro rank
Victory Mortgage industry classification
Industry- Product category
- Residential Mortgage Lending
- NAICS
- Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Renovation Mortgage Origination (FHA 203(k), HomeStyle, CHOICERenovation) (FSALAAAL)
Keywords
Where Victory Mortgage is headquartered
LocationHeadquarters
- HQ city
- Erlanger
- HQ country
- United States
- HQ region
- North America
Offices10 records
Markets served
Victory Mortgage business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Mortgage Origination Fees: Revenue generated from originating residential mortgage loans, including new purchase mortgages and refinances. Fees are collected at closing from borrowers.
- Loan Servicing Rights: Ongoing servicing revenue from managing mortgage loans after closing, including escrow administration and payment processing.
- Refinancing Revenue: Revenue from refinancing existing mortgages, generating new origination fees when borrowers restructure their loans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Personalized rate quotes via direct contact with Loan Officers |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
Victory Mortgage product offering
Product offeringCore offering
Victory Mortgage is a private residential mortgage banker that originates, closes, and services home purchase and refinance loans for individual consumers. Founded in 1991 and headquartered in Erlanger, KY, the company operates 10 branch locations across 7 states with a network of loan officers serving homebuyers and homeowners in markets including Kentucky, Ohio, Indiana, and Florida.
Product overview
Victory Mortgage is a full-service mortgage banking company offering a comprehensive portfolio of residential mortgage loan products. The company operates as a single unified lending platform with multiple loan product types (Fixed Rate, Adjustable Rate, FHA, USDA, VA, Bridge, Investment Property, and Jumbo loans), supplemented by digital tools (mortgage calculators) and prequalification services. The products are offered through 10 physical branch locations across 7 states, with loans originated for all types of residential mortgage transactions including new construction, purchases, and refinances. Victory Mortgage is approved by Fannie Mae, Freddie Mac, FHA, VA, USDA, KHC, and OHFA, and maintains a close relationship with Fischer Homes for new construction financing.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 96% customer satisfaction rating maintained across the company's loan portfolio
- +4 more outcomes
Companies that use Victory Mortgage
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles1 record
Victory Mortgage technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Victory Mortgage partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, major and minor.
- Fischer HomescoreVictory Mortgage is exclusively affiliated with Fischer Homes, the nation's 30th-largest residential home builder, originating loans for Fischer Homes' residential building operations across Ohio, Indiana, Kentucky, Missouri, Georgia, and Florida. This is a deep, long-standing partnership that drives the majority of Victory Mortgage's loan production through builder-referred customers.
- Freddie MaccoreVictory Mortgage is an approved Freddie Mac seller/servicer, selling and servicing loans under the Freddie Mac program.
- Fannie MaecoreVictory Mortgage is an approved Fannie Mae seller/servicer, selling and servicing loans under the Fannie Mae program.
- FHA (Federal Housing Administration)majorApproved FHA loan originator, enabling financing for borrowers who need government-backed mortgages with lower down payments.
- VA (U.S. Department of Veterans Affairs)majorApproved VA loan originator, enabling 100% financing options for eligible military veterans.
- USDA (U.S. Department of Agriculture)majorApproved USDA loan originator, enabling 100% financing for eligible low-to-moderate income borrowers in designated rural areas.
- KHC (Kentucky Housing Corporation)majorApproved KHC loan originator, providing access to Kentucky-specific housing finance programs.
- OHFA (Ohio Housing Finance Agency)majorApproved OHFA loan originator, providing access to Ohio-specific housing finance agency programs.
- Homestead Title Agency, LLCminorAn affiliated company referenced in the Privacy Policy as a nonfinancial affiliate under common ownership or control with Victory Mortgage. Provides title agency services related to real estate transactions.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Victory Mortgage competitors and assessment
Company assessmentBroad incumbents
- loanDepot: loanDepot is a top-5 US mortgage lender offering retail, wholesale, and direct-to-consumer origination. Broader and much larger than Victory, but competes for the same borrower segments across shared agency product lines.
- NewRez (formerly New Penn Financial): NewRez is a top-15 US mortgage lender with retail and servicing platforms (including Shellpoint). Comparable product mix and agency approvals, with a larger servicing portfolio benefiting from recurring revenue.
- United Wholesale Mortgage: UWM is the largest US wholesale mortgage lender, focusing on broker channel. Relevant as a competitor for borrower flow and rate competitiveness, though Victory's model is retail/builder-referred rather than wholesale.
- Caliber Home Loans: Caliber Home Loans is a large national mortgage originator with retail, wholesale, and correspondent channels. Comparable product breadth and agency approvals, though at significantly greater scale.
- Rocket Mortgage (Rocket Companies): Rocket Mortgage is the largest US mortgage originator, dominating direct-to-consumer digital channel. Competes for the same retail borrowers and overhauls branch-based lenders on technology and pricing.
Direct peers
- Churchill Mortgage: Churchill Mortgage is a privately held, regionally focused mortgage lender operating in the Midwest and Southeast. Similar size, branch footprint, and product mix to Victory Mortgage, including conventional, FHA, VA, and construction loans.
- Guaranteed Rate: Guaranteed Rate is a large private mortgage lender with a strong retail branch network and full agency approvals. Comparable in product breadth and direct-to-consumer origination model, though at substantially greater scale.
- DHI Mortgage: DHI Mortgage is the in-house mortgage arm of D.R. Horton, the largest US home builder. It mirrors Victory Mortgage's core builder-affiliated origination model and new construction mortgage focus, making it the closest structural comparable.
- PrimeLending: PrimeLending is a national mortgage banker offering conventional, FHA, VA, and USDA loans through a branch-based retail model. Comparable to Victory Mortgage's multi-channel agency approvals and retail branch distribution.
- Cardinal Financial: Cardinal Financial is a privately held mortgage banker with retail branches across multiple states, offering conventional, FHA, VA, and non-QM loans. Comparable multi-state retail mortgage banking model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Victory Mortgage social profiles
Digital presenceVictory Mortgage financial estimates
Financial estimateRevenue estimate
Valuation estimate
Victory Mortgage leadership team
Management profileNumber of profiles
Victory Mortgage subsidiaries and ownership
Company hierarchySubsidiaries1 record
Victory Mortgage funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Victory Mortgage M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Victory Mortgage
What does Victory Mortgage do?
Victory Mortgage is a private residential mortgage banker that originates, closes, and services home purchase and refinance loans for individual consumers. Founded in 1991 and headquartered in Erlanger, KY, the company operates 10 branch locations across 7 states with a network of loan officers serving homebuyers and homeowners in markets including Kentucky, Ohio, Indiana, and Florida.
Is Victory Mortgage a public or private company?
Victory Mortgage is a private company. It is classified as unknown and is currently operating.
When was Victory Mortgage founded?
Victory Mortgage was founded in 1991. It employs 51 to 100 people.
Where is Victory Mortgage based?
Victory Mortgage is headquartered in Erlanger, United States, in the North America region.
How does Victory Mortgage make money?
Three revenue lines are on record. Mortgage Origination Fees are the primary driver. The others are loan Servicing Rights and refinancing Revenue.
Who are Victory Mortgage's main competitors?
Broad incumbents on record are loanDepot, NewRez (formerly New Penn Financial), United Wholesale Mortgage, Caliber Home Loans and Rocket Mortgage (Rocket Companies). Direct peers are Churchill Mortgage, Guaranteed Rate, DHI Mortgage, PrimeLending and Cardinal Financial.
Does Victory Mortgage have an API?
No public API is recorded for Victory Mortgage.
What industry is Victory Mortgage in?
Victory Mortgage's product category is Residential Mortgage Lending. Its primary akta.pro industry code is FSALAAAL, Renovation Mortgage Origination (FHA 203(k), HomeStyle, CHOICERenovation). Its NAICS code is 52231 and its SIC code is 6162.