Victory Mortgage

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.

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

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

• Residential mortgages
• Mortgage lending
• Home refinancing
• Loan origination
• Mortgage banking

Headquarters

HQ city

Erlanger

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Origination Fees: Revenue generated from originating residential mortgage loans, including new purchase mortgages and refinances. Fees are collected at closing from borrowers.
2. Loan Servicing Rights: Ongoing servicing revenue from managing mortgage loans after closing, including escrow administration and payment processing.
3. Refinancing Revenue: Revenue from refinancing existing mortgages, generating new origination fees when borrowers restructure their loans.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core 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

Named customers1 record

Segments5 records

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core, major and minor.

• Fischer HomescoreStrategic or Co-development PartnerVictory 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 MaccoreTechnology or IntegrationVictory Mortgage is an approved Freddie Mac seller/servicer, selling and servicing loans under the Freddie Mac program.
• Fannie MaecoreTechnology or IntegrationVictory Mortgage is an approved Fannie Mae seller/servicer, selling and servicing loans under the Fannie Mae program.
• FHA (Federal Housing Administration)majorTechnology or IntegrationApproved FHA loan originator, enabling financing for borrowers who need government-backed mortgages with lower down payments.
• VA (U.S. Department of Veterans Affairs)majorTechnology or IntegrationApproved VA loan originator, enabling 100% financing options for eligible military veterans.
• USDA (U.S. Department of Agriculture)majorTechnology or IntegrationApproved USDA loan originator, enabling 100% financing for eligible low-to-moderate income borrowers in designated rural areas.
• KHC (Kentucky Housing Corporation)majorTechnology or IntegrationApproved KHC loan originator, providing access to Kentucky-specific housing finance programs.
• OHFA (Ohio Housing Finance Agency)majorTechnology or IntegrationApproved OHFA loan originator, providing access to Ohio-specific housing finance agency programs.
• Homestead Title Agency, LLCminorOthersAn 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

Broad 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

• LinkedInlinkedin.com/company/victory-mortgage-llc

Revenue estimate

Valuation estimate

Number of profiles

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 Victory Mortgage