U.S. Mortgage of Florida

What U.S. Mortgage of Florida does

U.S. Mortgage of Florida is a privately held residential mortgage lender operating as NQM Funding, LLC under the Premier Mortgage Associates (PMA) and Villa Home Loans brand names. Founded approximately in 2000 and headquartered in Boca Raton, Florida, the company is registered as NMLS# 75597 and is licensed to originate across at least eight U.S. states (Florida, Texas, Illinois, Arizona, Delaware, Massachusetts, and Washington). It serves individual homebuyers and homeowners seeking purchase financing, rate-term refinance, cash-out refinance, renovation financing, and reverse mortgages, with no disclosed institutional or commercial lending activity.

The company's core offering is a suite of nine loan programs—Conforming, FHA, VA, USDA, Jumbo, Non-QM, Renovation, Reverse, and State Bond/DPA—covering the full credit spectrum from agency-eligible prime borrowers through non-qualified, government-backed, and senior home-equity products. Operations are distinguished by in-house processing, underwriting, and closing, with a stated average closing time of 30 days or less compared with 45-60+ days at large banks. Loan officers work directly with clients from application through closing, supported by a SimpleNexus-powered mobile application that handles loan status tracking, document upload, secure messaging, and online preapproval, complemented by an interactive mortgage calculator on the website.

Revenue is generated primarily through mortgage origination fees charged at closing and through interest rate spreads on funded loans; pricing is quote-based and not publicly disclosed, varying by borrower credit profile, loan-to-value ratio, property type, and occupancy. Distribution is a hybrid of branch-based direct sales and digital self-service channels (mobile app, online preapproval, calculator), with content marketing (educational blog, email newsletter) used for top-of-funnel acquisition. No funding, M&A, or institutional investor data is disclosed, and the company operates as an independently owned LLC with 11-50 employees.

Name

U.S. Mortgage of Florida

Legal name

NQM Funding, LLC

Website

https://usmtgfl.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

U.S. Mortgage of Florida (NQM Funding, LLC) is a privately held residential mortgage lender operating as Premier Mortgage Associates and Villa Home Loans, offering nine loan programs across at least eight U.S. states with in-house processing and a SimpleNexus-powered mobile application.

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)

Keywords

• Residential mortgage lending
• Home loan origination
• Mortgage refinancing
• Government-backed mortgages
• Non-QM mortgage loans

Headquarters

HQ city

Boca Raton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Origination Fees: One-time fees charged at loan closing for originating and processing mortgage loans. Revenue is transaction-based and realized upon loan completion.
2. Interest Rate Spread: Revenue earned through the spread between the interest rate charged to borrowers and the cost of funds/lending rates.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

U.S. Mortgage of Florida (a DBA of NQM Funding, LLC, also operating as Premier Mortgage Associates and Villa Home Loans) is a nationwide residential mortgage lender offering home purchase and refinance financing across Conforming, FHA, VA, USDA, Jumbo, Non-QM, Renovation, Reverse, and State Bond/DPA loan programs. The company processes, underwrites, and closes most loans in-house, targeting 30-day closings, supported by digital tools including a mobile app, online preapproval, and interactive calculators.

Product overview

Premier Mortgage Associates (dba of NQM Funding, LLC) operates as a nationwide mortgage lender offering a comprehensive suite of home financing products. The core offering consists of nine distinct loan programs including Conforming, FHA, VA, USDA, Jumbo, Non-QM, Renovation, Reverse, and State Bond/DPA products. The company processes, underwrites, and closes loans in-house with an emphasis on 30-day fast closings. Supporting the loan products are complementary tools including an interactive mortgage calculator for payment estimation and a proprietary mobile app (built on SimpleNexus platform) for loan tracking and borrower communication. The company operates under multiple DBA brands including Villa Home Loans.

Differentiator

Problem solved

Functional benefit

Products and services

• Conforming Loans Standard conforming residential mortgages meeting Fannie Mae and Freddie Mac guidelines, typically offering competitive rates and lower down payment requirements for qualified borrowers seeking to purchase or refinance a home.
• FHA Loans FHA-insured mortgages designed for first-time homebuyers and borrowers with lower credit scores, featuring more flexible qualification requirements and lower down payment thresholds for purchase or refinance.
• VA Loans VA-guaranteed mortgages for eligible service members, veterans, and surviving spouses featuring favorable terms including no down payment and no private mortgage insurance for purchase or refinance.
• USDA Loans USDA Rural Development loans offering 100% financing for eligible properties in qualifying rural and suburban areas, supporting purchase or refinance of primary residences.
• Jumbo Loans Mortgage loans exceeding conforming loan limits for higher-value properties, requiring different qualification criteria and typically larger down payments for purchase or refinance.
• Non-QM (Non-Qualified Mortgage) Loans Flexible mortgage products for borrowers who may not meet standard qualified mortgage guidelines, including alternative documentation options for self-employed individuals and other non-traditional credit scenarios.
• Renovation Loans Loans that combine purchase or refinance financing with funds for home improvements, allowing borrowers to finance both the property acquisition and renovation costs within a single loan.
• Reverse Mortgages Home Equity Conversion Mortgages for homeowners aged 62 and older, allowing them to convert part of their home equity into loan proceeds without monthly mortgage payments.
• State Bond / DPA Loans State-specific bond and down payment assistance programs offering grants or favorable financing terms for first-time homebuyers meeting income, credit, and property location requirements.
• Villa Home Loans Alternate DBA (doing-business-as) brand under which NQM Funding, LLC offers the same residential mortgage lending services, expanding the company's consumer-facing brand portfolio alongside Premier Mortgage Associates and U.S. Mortgage of Florida.

Quantifiable outcome

• Most loans close in 30 days or less
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Two partnerships are on record, tiered core and minor.

• SimpleNexuscoreTechnology or IntegrationSimpleNexus provides the mortgage technology platform powering Premier Mortgage Associates' digital lending experience, including the mobile app for loan applications, document uploads, secure messaging, and online preapproval functionality.
• Villa Home LoansminorOEM/ Whitelabel/ Licensing PartnerNQM Funding, LLC (dba Premier Mortgage Associates) also operates under the Villa Home Loans brand name, indicating a white-label or DBA arrangement.

Scale indicators3 records

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• loanDepot: National retail and wholesale mortgage lender offering a comparable product suite (Conventional, FHA, VA, Jumbo, HELOC). Operates at materially larger scale with both retail and direct-to-consumer channels.
• United Wholesale Mortgage: Largest U.S. mortgage lender focused on the broker channel; competes for the same pool of loan officers and origination volume, though at vastly greater scale than PMA's direct-to-consumer model.
• Rocket Mortgage: Largest U.S. retail mortgage lender and the dominant direct-to-consumer brand. Competes for the same borrower segments with a much heavier marketing budget and proprietary technology stack.

Direct peers

• Fairway Independent Mortgage: Privately held retail mortgage lender with a similar relationship-based model, broad product menu (Conventional, FHA, VA, USDA, Jumbo, Reverse), and in-house processing/underwriting — closely comparable in operating philosophy to PMA.
• Guaranteed Rate: Large privately held retail mortgage lender with multi-state licensing, in-house operations, and a product suite spanning conventional and government programs — a close operating analog at larger scale.
• Movement Mortgage: Privately held retail mortgage lender with relationship-driven loan officer culture, in-house processing, and national licensing footprint — directly comparable GTM and operating model to PMA.
• Paramount Residential Mortgage Group (PRMG): Privately held retail mortgage lender with broad multi-state licensing, full product menu including government and non-QM programs, and in-house operations — closely analogous mid-sized peer.
• Caliber Home Loans: Privately held mortgage originator and servicer offering a comparable mix of conforming, government, and non-QM products with retail and wholesale channels; similar size and product breadth.
• NewRez (formerly New Penn Financial): National mortgage lender and servicer with both retail and wholesale channels; comparable product menu and operational model to PMA, though at meaningfully larger scale.
• Homepoint: Privately held wholesale and retail mortgage lender with broad product offerings including government and non-QM — analogous to PMA in operating scope though skewed more toward the wholesale channel.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance8 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 U.S. Mortgage of Florida