LoanStream Mortgage

What LoanStream Mortgage does

LoanStream Mortgage, operating under the legal entity OCMBC, Inc. (NMLS ID #2125), is a privately held US mortgage banker founded in 2001 and headquartered in Irvine, California. The company originates home purchase and refinance mortgages through a multi-channel platform spanning retail branches across 20 states (with named locations in Irvine CA, Honolulu HI, and St. Louis MO) and a wholesale lending operation licensed in 38 states. Its product set spans the full agency and government spectrum — conventional fixed and adjustable rate loans, FHA, VA, USDA, and Jumbo — augmented by a proprietary NanQ™ non-QM / Alt-QM sub-brand launched in 2013 that addresses second-chance borrowers, self-employed applicants with bank-statement income, high-net-worth SIVA cases, and foreign-national jumbo buyers.

The business runs on industry-standard mortgage infrastructure: Ellie Mae's Encompass Loan Origination System for loan processing, Loan Mailbox and Mortgage Returns for CRM, and dedicated borrower and customer web portals for application, prequalification, and loan servicing. LoanStream's GTM combines a sales-led retail model (loan officers, branch offices, toll-free phone sales at 800-760-1833, and quick-quote / prequalification web tools) with a wholesale channel serving third-party mortgage brokers and correspondents, supplemented by referral relationships with real estate agents.

Revenue is generated through three primary streams: transaction-based mortgage origination fees on conventional, government, jumbo, and non-QM loans; interest income on loans held in portfolio or sold into the secondary market as a mortgage banker; and recurring servicing fee income on its managed loan portfolio. The customer base is highly distributed across five segments — primary home buyers, military veterans, non-traditional / second-chance borrowers, luxury and investor buyers, and high-net-worth / foreign-national borrowers — with no enterprise anchor dependencies and pricing conducted on a per-borrower quote basis. The company maintains Mortgage Bankers Association membership and operates as an Equal Housing Lender under multi-state licensing.

Name

LoanStream Mortgage

Legal name

OCMBC, Inc.

Website

https://lshomeloans.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

251–500 employees

Short description

LoanStream Mortgage is a privately held US mortgage banker (OCMBC, Inc., NMLS #2125) originating conventional, FHA, VA, USDA, Jumbo, and proprietary NanQ™ non-QM loans for individual home buyers and homeowners across retail branches in 20 states and a wholesale platform licensed in 38 states.

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

Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA)

akta.pro secondary industries

Wholesale Mortgage Lending (Broker Channel) (FSALACAA), Jumbo & Portfolio Wholesale Lending (FSALACAF)

Keywords

• Residential mortgage lending
• Home purchase financing
• Mortgage refinancing
• Non-QM lending
• Government-backed loans

Headquarters

HQ city

Irvine

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Origination Fees: LoanStream generates revenue through origination fees charged to borrowers when originating home purchase loans and refinance mortgages. This includes conventional, FHA, VA, USDA, jumbo, and non-QM loan products.
2. Interest Income: As a mortgage banker, LoanStream earns interest income on loans held in portfolio or sold to investors in the secondary mortgage market.
3. Loan Servicing: The company services loans for borrowers, collecting monthly payments and managing escrow accounts, generating servicing fee income.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

LoanStream Mortgage is a multi-state residential mortgage banker that originates and services home purchase and refinance loans. Its product suite spans conventional fixed-rate and adjustable-rate loans, government-backed FHA, VA, and USDA loans, jumbo mortgages, and a proprietary Non-QM product line (NanQ) for borrowers who do not meet standard agency guidelines. The company distributes these loans through retail branches, wholesale lending to brokers, and direct-to-consumer digital channels.

Product overview

LoanStream Mortgage is a multi-state mortgage lender offering a comprehensive suite of home financing products through a unified lending platform. The core portfolio includes traditional mortgage products (Fixed Rate, Adjustable Rate, FHA, VA, USDA, and Conventional loans) alongside a proprietary sub-brand called NanQ™ that provides non-prime lending solutions for borrowers who don't qualify through standard channels. The NanQ™ product line encompasses Non Prime/Second Chance mortgages, Stated Income Verified Assets (SIVA), Alternative Blended Income programs, Jumbo programs for non-prime borrowers, and Agency Alternative programs. The company also operates customer-facing Borrower and Customer Portals for loan applications and payments. LoanStream serves retail customers directly and offers wholesale lending options, operating as a licensed mortgage lender in 38 states with retail branch locations across the United States.

Differentiator

Problem solved

Functional benefit

Brands

• NanQ: Non-Prime Lending Programs offering second chance mortgages for homeowners recovering from foreclosure, short sale, or bankruptcy. Includes Stated Income Verified Assets, Alternative (Blended) Income, Jumbo program for Foreign Nationals, and Agency Alternative Program.

Products and services

• Fixed Rate Mortgages Traditional mortgage products with an interest rate that remains fixed for the entire loan term, providing predictable monthly payments for homeowners seeking purchase or refinance financing.
• Adjustable Rate Mortgages (ARMs) Mortgage products with introductory rates fixed for a specified period before adjusting periodically, offering lower initial rates for purchase or refinance borrowers.
• FHA Loans Government-backed home loans insured by the Federal Housing Administration, offering lower down payment requirements and more flexible qualification guidelines with credit scores as low as 580.
• VA Loans Government-backed mortgage programs for eligible military veterans and qualifying surviving spouses, featuring little to no money down and less restrictive underwriting guidelines.
• USDA Loans Government-backed loans for rural property purchases requiring no money down, available to borrowers meeting income and location eligibility requirements.
• Jumbo Loans Mortgage products for loan amounts exceeding conforming limits, designed for luxury properties, oceanfront condos, and large multi-unit investment properties.
• Conventional Loans Prime-rate loans backed by Fannie Mae and Freddie Mac for qualified borrowers meeting standard lending guidelines.
• Cash-Out Refinancing Refinance options allowing homeowners to borrow against their home equity and receive the difference in cash.
• VA IRRRL (Interest Rate Reduction Refinance Loan) Streamlined VA refinance program for veterans to lower their interest rate with minimal documentation and low closing costs.
• FHA Streamline Refinance Refinancing option for existing FHA borrowers to potentially lower interest rates with reduced documentation requirements and low closing costs.
• NanQ Non-QM Lending Programs Proprietary non-prime lending programs for borrowers who do not fit standard agency lending guidelines, including self-employed individuals, company owners, investors, retirees, contractors, foreign nationals, and those recovering from recent credit events such as foreclosure, short sale, or bankruptcy.

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Mortgage Bankers Association (MBA)minorOthersLoanStream maintains MBA membership as indicated by their MBA Member logo on their website. This represents industry association membership rather than a formal partnership.

Scale indicators4 records

Expansion highlights4 records

Direct peers

• Angel Oak Mortgage Solutions: Non-QM and alternative documentation mortgage lender focused on self-employed, recent credit event, and non-prime borrowers — directly comparable to LoanStream's NanQ product specialization in the alternative lending niche.
• Guild Mortgage: Mid-sized independent mortgage lender with retail and government loan (VA, FHA) specialization, similar in scale and product mix to LoanStream, with comparable branch-driven retail strategy.
• PRMG (Paramount Residential Mortgage Group): Privately held mid-sized independent mortgage banker offering retail, wholesale, and government loan products across a multi-state branch network — closely comparable in scale, multi-channel model, and product breadth.
• NewRez (Shellpoint Mortgage Servicing): Mid-to-large non-bank mortgage originator and servicer with retail, wholesale (NewRez Wholesale), and non-QM (Caliber Wholesale) divisions, providing a direct comparison to LoanStream's mixed-channel model with non-QM specialization.
• Caliber Home Loans: Independent mortgage banker offering agency, government, jumbo, and non-QM products across retail, wholesale, and correspondent channels — highly comparable to LoanStream's full-stack origination platform and non-QM focus.
• loanDepot: Large independent mortgage banker offering conventional, FHA, VA, USDA, jumbo, and non-QM products through retail, wholesale, and direct-to-consumer channels — directly comparable in product mix and multi-channel model, though at significantly larger scale.
• CrossCountry Mortgage: Privately held mid-to-large independent mortgage banker offering conventional, government, jumbo, and non-QM products through a national retail branch network — directly comparable in business model and product breadth.

Emerging players

• Kind Lending: Mid-sized independent mortgage lender expanding retail and non-QM product offerings — a comparable emerging peer in the non-QM and alternative documentation space where LoanStream's NanQ line competes.

Broad incumbents

• Rocket Mortgage: Largest U.S. retail mortgage lender and the dominant direct-to-consumer brand. A broad incumbent whose national marketing, recapture engine, and technology platform define the competitive ceiling for mid-sized lenders like LoanStream in both retail and digital channels.
• United Wholesale Mortgage (UWM): Largest wholesale mortgage lender in the U.S., dominating the broker channel that LoanStream also serves through its wholesale division. A scaled incumbent whose technology investments and broker relationships set competitive benchmarks for LoanStream's wholesale operations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/LoanStreamMortgage
• LinkedInlinkedin.com/company/loanstreammtg

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 LoanStream Mortgage