United Mortgage Corp.

What United Mortgage Corp. does

United Mortgage Corp. is a privately held, direct mortgage lender and mortgage banker founded in 1991 and headquartered at 401 Broadhollow Road, Suite 150, Melville, New York (NMLS #1330). The company originates and services home purchase and refinance loans, offering Conventional, FHA, VA, USDA, Jumbo, Reverse, 203k Rehabilitation, Condo, and COOP products across fixed-rate and adjustable-rate structures. Its distribution combines a 15+ branch physical network with hundreds of licensed loan officers, an inside-sales call center reached via the toll-free number 800-462-4862, and a website-led self-service channel featuring online pre-qualification forms, five mortgage calculators, educational guides (Home Buyer's Guide, Refinance Guide, Document Checklist), and a Reconsideration of Value request system for appraisal disputes. The company also runs a 'Start a Branch' partnership program under which seasoned loan officers and brokers originate under United Mortgage Corp.'s licenses, organized into 30+ teams nationwide.

The company holds triple agency approval from Fannie Mae, Freddie Mac, and Ginnie Mae, along with FHA Direct Endorsement and VA approval, allowing it to sell originated loans into all major secondary-market channels and serve government-backed borrower segments including military personnel and veterans. United Mortgage Corp. services a portion of its loans in-house, generating both origination transaction revenue (gain on sale) and recurring servicing fee income. Licensed to operate in 44 states plus Washington D.C., the company targets individual home buyers, refinancing homeowners, military/veteran borrowers, and licensed loan officers seeking a multi-agency-approved branch platform.

Revenue mechanics rest on three streams: (1) transaction-based mortgage origination fees and secondary-market gain on sale; (2) recurring loan servicing revenue from in-house servicing of retained mortgages; and (3) revenue sharing with branch partners who originate under UMC's licenses. No revenue figure, origination volume, or servicing portfolio size is publicly disclosed. Management cites a cumulative $20 billion in loans closed and 150+ combined years of mortgage experience across the leadership team as scale and capability markers, but quantitative operating metrics are limited.

Name

United Mortgage Corp.

Legal name

United Mortgage Corp.

Website

https://unitedmortgage.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

United Mortgage Corp. is a privately held direct mortgage lender founded in 1991, originating and servicing home purchase and refinance loans (Conventional, FHA, VA, USDA, Jumbo, Reverse, 203k) across 44 states plus Washington D.C. through 15+ branches, hundreds of licensed loan officers, and a branch partnership program.

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 industries

Reverse Mortgage Origination (HECM & Proprietary) (FSALAIAA), Government-Insured/Guaranteed Loan Servicing (FHA/VA/USDA) (FSALAEAC)

Keywords

• Mortgage lending
• Home purchase loans
• Mortgage refinancing
• FHA VA loans
• Residential mortgage banker

Headquarters

HQ city

Melville

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

Revenue model

1. Mortgage Origination: United Mortgage Corp. originates mortgage loans including Conventional, FHA, VA, USDA, and Jumbo loans for home purchases and refinances, earning origination fees and interest income from the mortgage loans it originates and services.
2. Loan Servicing: The company services loans in-house, collecting monthly payments from borrowers and managing escrow accounts, generating ongoing servicing revenue.
3. Branch Partnership Revenue Sharing: Revenue generated through branch partnerships where licensed loan officers and mortgage brokers originate loans under the company's licenses and agency approvals, sharing revenue with the company.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

United Mortgage Corp. is a direct mortgage lender and mortgage banker that originates, processes, underwrites, and services home purchase and refinance mortgage loans including Conventional, FHA, VA, USDA, Jumbo, Reverse, 203k Rehabilitation, Condo, and COOP products for individual consumers. The company operates online pre-qualification tools, a toll-free sales line, and 15+ physical branches across 44 states plus Washington D.C., supporting consumers directly while also offering a branch partnership platform for licensed loan officers.

Product overview

United Mortgage Corp. operates as a direct mortgage lender and mortgage banker offering a comprehensive suite of home financing products. The core offering consists of various mortgage loan products including Fixed Rate mortgages (15-year and 30-year terms), Adjustable Rate Mortgages, FHA loans, VA loans, USDA loans, Jumbo loans, Reverse Mortgages, 203k Rehabilitation loans, Condo loans, and COOP loans. The company provides both home purchase and refinance financing options. Supporting the loan products are digital tools including five mortgage calculators (Mortgage Calculator, Affordability Calculator, Amortization Calculator, Debt-to-Income Ratio Calculator, and Refinance Calculator), online pre-qualification forms for both purchase and refinance, educational guides (Home Buyer's Guide and Refinance Guide), a Document Checklist, and a Reconsideration of Value service for appraisal disputes. United Mortgage Corp. is triple agency approved (Fannie Mae, Freddie Mac, Ginnie Mae) and FHA/VA Direct Endorsed, enabling them to originate, process, and service loans across 44 states plus Washington D.C. through 15 branch locations.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Purchase Loans Mortgage financing for purchasing residential properties including single-family, multi-family, condos, co-ops, and manufactured homes, originated, processed, and serviced in-house by United Mortgage Corp. as a triple-agency-approved lender.
• Refinance Loans Mortgage refinancing options including rate/term refinances and cash-out refinances, giving existing homeowners the ability to lower monthly payments, change loan terms, or access home equity.
• Fixed Rate Mortgage Traditional fixed-rate mortgage with either a 15-year or 30-year term, offering predictable monthly payments throughout the loan term for home buyers and refinancers.
• Adjustable Rate Mortgage (ARM) Mortgage with variable interest rates that adjust periodically, suitable for borrowers planning to stay in their home for a limited time or seeking lower initial payments.
• FHA Loan Federal Housing Administration-backed loan allowing homeowners to qualify with as little as 3.5% down payment, designed primarily for first-time home buyers, originated under United Mortgage Corp.'s FHA Direct Endorsement.
• VA Loan Special loan program for military service members and veterans offering competitive terms and often requiring no down payment, originated under United Mortgage Corp.'s VA approval.
• Jumbo Loan Mortgage exceeding conventional loan limits for high-value properties, available through United Mortgage Corp.'s lending capabilities for buyers and refinancers of luxury and high-cost-area housing.
• USDA Loan United States Department of Agriculture rural development loan program for eligible properties in qualifying rural and suburban areas, originated by United Mortgage Corp. under Ginnie Mae approval.
• Reverse Mortgage Loan enabling borrowers to access the value of their property with payments typically not requiring monthly mortgage obligations, used by qualifying homeowners seeking to tap equity.
• 203k Rehabilitation Loan FHA loan program combining mortgage financing with funds for home rehabilitation and repairs in a single loan, originated under United Mortgage Corp.'s FHA approval.
• Condo Loan Mortgage financing for condominium units meeting specific lender and agency requirements for buyers of approved condo projects.
• COOP Loan Mortgage financing for cooperative housing units where buyers own shares in the corporation that holds title to the property, originated by United Mortgage Corp. under approved programs.
• Mortgage Pre-Qualification Online pre-qualification form enabling prospective borrowers to submit initial information — including property type, credit score range, down payment, income documentation status, military service, and foreclosure/bankruptcy history — to determine mortgage eligibility before house hunting, available for both home purchase and refinance.

Quantifiable outcome

• Over $20B in loans closed by the management team
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• Fannie MaecoreOthersUnited Mortgage Corp. is approved by Fannie Mae as a seller/servicer, enabling the company to sell originated mortgage loans to Fannie Mae on the secondary market and service loans under Fannie Mae guidelines.
• Freddie MaccoreOthersUnited Mortgage Corp. holds Freddie Mac agency approval as a seller/servicer, allowing the company to sell mortgage loans to Freddie Mac and access favorable funding for mortgage originations.
• Ginnie MaecoreOthersUnited Mortgage Corp. is Ginnie Mae approved, enabling the company to issue mortgage-backed securities backed by FHA, VA, and USDA loans.
• FHA (Federal Housing Administration)coreOthersUnited Mortgage Corp. is FHA Direct Endorsed, allowing the company to originate FHA-insured mortgages without requiring case-by-case approval from HUD, streamlining the origination process for FHA loan products.
• VA (U.S. Department of Veterans Affairs)coreOthersUnited Mortgage Corp. is VA approved, enabling the company to originate VA loan products for eligible military personnel and veterans with favorable terms including no down payment requirements.

Scale indicators7 records

Recent moves1 record

Expansion highlights6 records

Broad incumbents

• Rocket Mortgage (Rocket Companies): Largest US retail mortgage originator; competes nationally with UMC across purchase and refinance, with greater brand recognition, technology investment, and direct-to-consumer digital scale. Like UMC, it sells loans to the GSEs and offers FHA/VA products, but operates at materially larger scale.
• United Wholesale Mortgage (UWM): Largest US wholesale mortgage lender with a broker-driven model; comparable to UMC as a Fannie/Freddie/Ginnie Mae-approved mortgage banker. While UWM is primarily wholesale, its product breadth, agency approvals, and branch/partner network closely parallel UMC's capabilities.
• loanDepot: National retail and wholesale mortgage lender operating under similar agency approvals (Fannie/Freddie/Ginnie) with a comparable suite of Conventional, FHA, VA, and Jumbo products. Directly comparable to UMC in product mix and target customer, but at larger scale and with a more developed brand.
• NewRez (Rithm Capital subsidiary): National mortgage originator and servicer operating under the same major GSE approvals. Comparable to UMC across origination, servicing, and government-insured lending, but with a substantially larger servicing portfolio and capital backing.
• Caliber Home Loans: Direct mortgage lender and servicer with comparable agency approvals, branch/retail origination, and FHA/VA products. Functions as a scaled version of UMC across purchase, refinance, and servicing.

Direct peers

• PRMG (Paramount Residential Mortgage Group): A retail-focused, branch-based mortgage banker operating under similar GSE and government approvals. Closest direct peer to UMC: similar multi-branch, multi-state licensed mortgage bank relying on a network of loan officers originating Conventional, FHA, VA, and Government loans for sale to the secondary market.
• Guaranteed Rate: Retail mortgage lender with a sizable nationwide branch and loan officer network and comparable product breadth (Conventional, FHA, VA, USDA, Jumbo). Directly comparable in go-to-market motion — branch-based, sales-led model — with similar reliance on loan-officer productivity.
• Guild Mortgage: Retail mortgage lender with a national branch footprint and in-house origination, processing, underwriting, and servicing model that mirrors UMC's vertically integrated operations. Both focus heavily on FHA/VA and first-time home buyers through branch-based loan officers.
• Fairway Independent Mortgage Corporation: Branch-based retail mortgage banker with a similar sales-led, loan-officer-driven model and comparable agency approvals. Operates a multi-state branch network similar in structure to UMC's 15+ branches and 30+ teams.
• Cardinal Financial Company: Mid-sized retail mortgage lender with similar agency approvals and a branch/loan-officer production model. Closely aligned to UMC in size, product breadth, and dependence on experienced producing loan officers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/umcmortgagecorp
• LinkedInlinkedin.com/company/united-mortgage-corp.

Revenue estimate

Valuation estimate

Number of profiles

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 United Mortgage Corp.