Toll Brothers Mortgage

What Toll Brothers Mortgage does

Toll Brothers Mortgage Company is a wholly-owned captive mortgage lending subsidiary of Toll Brothers, Inc. (NYSE: TOL), one of the largest publicly traded luxury homebuilders in the United States. Founded in 1991 and headquartered at 1140 Virginia Drive in Fort Washington, Pennsylvania, the firm finances newly constructed homes sold by its parent across 23 U.S. states under NMLS #18154, operating with individual mortgage banker and broker licenses in each jurisdiction of operation. The dedicated staff size is reported as 101-250 employees, with no public digital technology platform described beyond the company's website and proprietary rate-lock offering.

The company offers a full suite of residential mortgage products tailored to luxury new construction, including conventional fixed- and adjustable-rate mortgages (with initial fixed terms of 3, 5, 7, 10, or 15 years), FHA loans (3.5% minimum down payment, primary residence only), VA loans for active-duty service members, veterans, reservists, and surviving spouses (no down payment, one-time Funding Fee, no monthly mortgage insurance), and jumbo loans exceeding conforming county loan limits. Its flagship differentiating product is the proprietary "LockSolid Rate Protection" — a registered trademark program that secures interest rates for up to 345 days on conventional and adjustable-rate mortgages during extended home construction, with no upfront cost to the borrower and a float-down option available. The mortgage workflow is standardized into three steps (Pre-Qualification, Application submitted within 14 days of the sales agreement, and fully underwritten Approval/Loan Commitment valid through completion of the home), supported by online tools including a Mortgage Calculator and state-specific inquiry forms. Loan officers and processors coordinate continuously with Toll Brothers' sales and construction teams, with approvals held valid through home completion to address the timing complexity of new construction.

Toll Brothers Mortgage Company generates revenue through transaction-based origination fees (including origination, processing, and underwriting charges disclosed in loan estimates and closing disclosures) and through interest income on originated mortgages, which it may either hold in portfolio or sell into the secondary market to Fannie Mae or Freddie Mac. Distribution is exclusively through the parent's captive sales infrastructure: in-person loan officers stationed at Toll Brothers sales offices and model homes, supplemented by an inside-sales motion reachable via 1-800-647-9735 and online contact forms, with social channels (Facebook, Instagram, YouTube, Twitter, LinkedIn, Pinterest) operating under Toll Brothers corporate accounts. Mortgage interest rates are not publicly disclosed; pricing is determined per borrower based on market conditions, credit profile, down payment, and loan terms.

Name

Toll Brothers Mortgage

Legal name

Toll Brothers Mortgage Company

Website

https://tollbrothersmortgage.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

Toll Brothers Mortgage Company is a captive mortgage lender serving buyers of newly-built Toll Brothers luxury homes across 23 U.S. states. It originates conventional, FHA, VA, and jumbo loans, with the proprietary LockSolid program securing rates for up to 345 days during construction.

Ownership category

akta.pro rank

Headquarters

HQ city

Fort Washington

HQ country

United States

HQ region

North America

Offices1 record

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: Toll Brothers Mortgage Company generates revenue through origination fees charged to borrowers when originating mortgage loans. These fees are disclosed as part of the loan estimate and closing costs, including origination charges, processing fees, and underwriting fees.
2. Interest Income on Mortgage Portfolio: As a mortgage lender, the company earns interest income on the mortgages it originates and holds in its portfolio or sells to secondary market investors (Fannie Mae, Freddie Mac).

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Toll Brothers Mortgage Company originates residential mortgage loans for buyers of newly constructed homes built by Toll Brothers, Inc. It delivers conventional, FHA, VA, fixed-rate, adjustable-rate, and jumbo mortgage products through licensed loan officers working directly with Toll Brothers sales and construction teams. Its proprietary LockSolid® Rate Protection locks interest rates for up to 345 days to hedge against rate movement during the home-building period.

Product overview

Toll Brothers Mortgage Company is a mortgage lending subsidiary of Toll Brothers, Inc. offering a unified mortgage platform for new construction home buyers. The core offering consists of the main Toll Brothers Mortgage Company service supported by specialized loan products including Conventional, Fixed-Rate, Adjustable-Rate, Jumbo, FHA, and VA loans. Key add-on features include LockSolid® Rate Protection (rate lock program up to 345 days), a Mortgage Calculator tool, and a streamlined three-step mortgage process (Pre-Qualification, Application, Approval). The company integrates with Toll Brothers sales and construction teams to provide seamless new construction financing.

Differentiator

Problem solved

Functional benefit

Brands

• LockSolid Rate Protection: Rate protection program that secures interest rates for up to 345 days on conventional and adjustable-rate mortgages during the home building process.

Products and services

• Conventional Mortgages Fixed- and adjustable-rate conventional mortgage options for Toll Brothers home buyers, available for primary residences, second homes, and investment properties. Down payments below 20% require private mortgage insurance.
• Fixed-Rate Mortgages Fixed-rate mortgage products available on conventional, FHA, and VA loans with terms ranging from 10 to 30 years, offering stable monthly payments throughout the loan term. Suited to borrowers planning to remain in the home for an extended period.
• Adjustable-Rate Mortgages Adjustable-rate mortgage products available on conventional, FHA, and VA loans with initial fixed terms of 3, 5, 7, 10, or 15 years before the first adjustment. Typically carries a lower initial rate than fixed-rate options and includes rate caps on each adjustment and over the life of the loan.
• Jumbo Mortgages Conventional, FHA, or VA loan with a loan amount that exceeds the annual county limits set by Fannie Mae and Freddie Mac, designed for higher-value Toll Brothers properties.
• FHA Loans Federal Housing Administration-insured loans for first-time home buyers and others who may not meet conventional requirements. Down payment as low as 3.5%, flexible qualifying guidelines, fixed- and adjustable-rate options, and primary residence only. Up-front mortgage insurance is required, plus a monthly premium.
• VA Home Loans Department of Veterans Affairs loan programs for active duty personnel, veterans, reservists, and surviving spouses, requiring no down payment for eligible borrowers. Fixed- and adjustable-rate options are available, with a one-time Funding Fee (unless exempt) and no monthly mortgage insurance. Funds may be used for down payment or closing costs; primary residence only.
• LockSolid® Rate Protection Proprietary rate-lock program that secures conventional and adjustable-rate mortgage interest rates for up to 345 days during the new-construction period. Includes a float-down option and carries no upfront cost to the borrower; designed to address the extended timelines inherent to new construction lending.

Quantifiable outcome

• Rate protection for up to 345 days on conventional and adjustable-rate mortgages
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• NewRez (Rithm Capital): Top-15 US mortgage originator operating retail, wholesale, and correspondent channels; subsidiary of Rithm Capital (NYSE: RITM). Provides competition across the same product spectrum as TBM (conventional, FHA, VA, jumbo) and maintains an active builder relationships business.
• loanDepot: Top-5 US retail and wholesale mortgage originator (NYSE: LDI). Competes with TBM in the consumer-direct channel and also operates a builder partner program that directly contests captive lender economics within new-home sales funnels.
• United Wholesale Mortgage: Largest US wholesale mortgage lender, operating primarily through the broker channel. Represents the principal competitive alternative for Toll Brothers buyers who elect to use an independent mortgage broker instead of the captive TBM channel.
• Rocket Mortgage: Largest US retail mortgage originator (Rocket Companies, NYSE: RKT). Operates a national direct-to-consumer mortgage platform and competes with TBM for the share of Toll Brothers buyers who choose to obtain financing independently rather than through the captive lender.
• Caliber Home Loans: Large US mortgage originator and servicer (formerly NYSE-listed, now private). Operates a retail and correspondent lending platform overlapping with TBM's conventional, government, and jumbo products, with an established builder partner channel.

Direct peers

• DHI Mortgage: Captive mortgage lending subsidiary of D.R. Horton, the largest US homebuilder by volume. Most directly comparable to Toll Brothers Mortgage as a builder-affiliated lender offering conventional, FHA, VA, and jumbo products exclusively to its parent's home buyers.
• Pulte Mortgage: Captive mortgage subsidiary of PulteGroup (Centex, Del Webb, Pulte, John Wieland brands). Comparable to Toll Brothers Mortgage in operating a builder-affiliated origination channel serving the parent company's buyers across multiple US markets.
• Taylor Morrison Home Funding: Captive mortgage arm of Taylor Morrison Home Corporation, a top-5 US homebuilder. Comparable in offering integrated financing solutions to Taylor Morrison home buyers with conventional, FHA, VA, and jumbo options.
• NVR Mortgage Finance: Captive mortgage subsidiary of NVR, Inc. (Ryan Homes, NVHomes). Provides builder-affiliated financing to NVR home buyers with a focus on conventional and government loan products across NVR's East Coast footprint.
• Lennar Mortgage: Captive mortgage arm of Lennar Corporation, one of the largest US homebuilders. Operates an analogous model — embedded loan officers in builder sales centers, full product suite, and rate-lock features tailored to Lennar's new-construction timelines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/TollBrothers
• YouTubeyoutube.com/user/TollBrothers
• Facebookfacebook.com/tollbrothers
• LinkedInlinkedin.com/company/toll-brothers-mortgage-company
• Instagraminstagram.com/tollbrothers
• Pinterestpinterest.com/tollbrothers

Compliance24 records

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 Toll Brothers Mortgage