Homebound Loans
Homebound Loans (HB Lending) is a privately held Arlington, Texas-based mortgage broker originating FHA, VA, jumbo, conventional, HELOC, and commercial loans via a network of 100+ investor/lenders, serving first-time homebuyers, veterans, jumbo borrowers, and refinance customers through approximately 10 loan officers and a self-serve online portal.
- Company typePrivate
- Founded2008
- HeadquartersArlington, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Homebound Loans does
Homebound Loans, operating as HB Lending, is a privately held mortgage broker and loan origination firm headquartered in Arlington, Texas (NMLS 1829248), founded by Nick Patel in 2008 and operating under the current company structure since 2014 with co-Broker Owner Niraj 'Raj' Zaveri. The firm originates residential and commercial mortgages across conventional fixed-rate, adjustable-rate, FHA, VA, jumbo, HELOC, investment property, and refinance loan programs, earning transaction-based origination fees and broker commissions by connecting borrowers with a network of over 100 investor/lenders that spans both 'A'-rated lenders with first-quality rates and private 'hardship' lenders.
The company's distribution model is hybrid: a self-serve online application portal (homeboundloans.my1003app.com) supports 24/7 intake and secure mobile document upload, while a bench of approximately 10 loan officers — including senior and bilingual originators — drives inside-sales-led origination through phone, email, and scheduled consultations. Core service differentiators are a stated 14-day digital closing target, an automated pre-qualification letter generator that can be sent directly to realtors, online affordability and refinance calculators, and mortgage educational content on hblending.com. Supporting marketing channels include the company website, owner LinkedIn profiles, and Zillow lender profiles.
The business model is a pure broker economics: revenue scales linearly with closed-loan volume at a take-rate that varies by product (FHA loans carry a 1.5% upfront MIP plus 0.5% annual MIP, VA loans carry a 0.5%–3.3% funding fee, jumbo loans carry higher rates and stricter underwriting). Customer segments are horizontally distributed across first-time homebuyers (primary), VA-eligible borrowers, jumbo-loan borrowers, refinance customers, and investment property buyers. The firm is founder/management-owned with no disclosed external institutional capital, parent company, or M&A activity.
Homebound Loans firmographics
Firmographics- Name
- Homebound Loans
- Legal name
- HB Lending
- Website
- https://hblending.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Homebound Loans (HB Lending) is a privately held Arlington, Texas-based mortgage broker originating FHA, VA, jumbo, conventional, HELOC, and commercial loans via a network of 100+ investor/lenders, serving first-time homebuyers, veterans, jumbo borrowers, and refinance customers through approximately 10 loan officers and a self-serve online portal.
- Ownership category
- akta.pro rank
Homebound Loans industry classification
Industry- Product category
- Mortgage Lending
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- Home Equity Loan & HELOC Intermediation (FSAEAEAD)
- akta.pro secondary industries
- Government Wholesale Lending (FHA/VA/USDA) (FSALACAE), Closed-End Home Equity Loans (Second Mortgages) (FSALAGAA)
Keywords
Where Homebound Loans is headquartered
LocationHeadquarters
- HQ city
- Arlington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Homebound Loans business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Mortgage Origination Fees: HB Lending originates mortgage loans and earns origination fees from lenders. The company works with over 100 investors to find the best rates and loan programs for customers. Fees are typically expressed in points (percentage of loan amount) and may include origination fees and discount points.
- Loan Brokerage Commission: As a mortgage broker, HB Lending earns commissions by connecting borrowers with appropriate lenders and loan products from their network of over 100 investors.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | FHA Loans with 3.5% down payment |
| Transaction based/ take rate | Pay-as-you-go | VA Loans with no money down up to $726,200 |
| Transaction based/ take rate | Pay-as-you-go | Jumbo Loans exceeding conventional limits |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Homebound Loans product offering
Product offeringCore offering
Homebound Loans (HB Lending) is a mortgage lending and brokerage company that originates residential loans and shops them against a network of 100+ investors to secure competitive rates. It offers fixed-rate and adjustable-rate mortgages, FHA, VA, and jumbo home loans, home equity lines of credit, refinance services, and commercial/investment property loans, supported by a digital application portal, pre-qualification tools, and a targeted 14-day digital closing workflow.
Product overview
Homebound Loans operates as HB Lending, a mortgage lending platform offering a comprehensive suite of loan products. The core offering includes fixed-rate mortgages (10yr, 15yr, 20yr, 30yr terms), adjustable-rate mortgages (1yr, 3yr, 5yr, 7yr, 10yr ARMs), FHA loans, VA loans, jumbo loans, home equity lines, commercial loans, and refinancing services. The company works with over 100 investors to source competitive rates. Supporting services include 14-day digital closing, pre-qualification letter generation, and online mortgage calculators. The platform is designed to serve various borrower profiles including first-time homebuyers, investors, and those with complex financing needs.
Differentiator
Problem solved
Functional benefit
Products and services
- Fixed Rate Mortgage Traditional residential mortgage with fixed interest rate throughout the loan term, available in 30-year, 20-year, 15-year, and 10-year terms for homebuyers and owners seeking payment stability.
- Adjustable Rate Mortgage (ARM) Variable rate residential mortgage with rates that adjust based on market conditions after initial fixed periods; offered as 1-year, 3-year, 5-year, 7-year, and 10-year ARMs.
- FHA Home Loan Federal Housing Administration insured mortgage requiring as little as 3.5% down payment, available to first-time homebuyers, lower-credit borrowers, and purchasers of fixer-uppers, energy-efficient properties, or manufactured/mobile homes.
- VA Home Loan Veterans Administration guaranteed mortgage for active duty personnel, veterans, reservists, and National Guardsmen, offering no-money-down financing up to $726,200, no monthly mortgage insurance, assumable loan terms, and potential funding fee waivers for disabled veterans.
- Jumbo Home Loan Non-conforming mortgage exceeding the $726,200 single-family conforming limit (up to $1,089,300 in high-cost areas), available for primary residences, vacation homes, and investment properties with stricter underwriting.
- Refinance Services Refinancing options for existing homeowners to lower interest rates, convert adjustable rates to fixed rates, or extract cash equity for home improvements, debt consolidation, or other purposes.
- Home Equity Line of Credit (HELOC) Home equity line of credit enabling borrowers to access home equity with flexible fund access and interest-only payments on amounts borrowed, as an alternative to traditional refinance.
- Commercial Loans Commercial mortgage products for business purposes and investment property acquisitions, including non-owner-occupied and multi-family financing options.
Quantifiable outcome
- 14-day digital closing capability
- +2 more outcomes
Companies that use Homebound Loans
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles5 records
Homebound Loans technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Homebound Loans partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
Homebound Loans competitors and assessment
Company assessmentDirect peers
- Movement Mortgage: Independent, founder-led mortgage lender operating a similar retail branch model with conventional, government, and jumbo products. Comparable as a private, mission-driven competitor pursuing similar purchase-money and government-loan borrower segments.
- PrimeLending: National independent mortgage lender (PlainsCapital subsidiary) with comparable product mix across FHA, VA, USDA, conventional, jumbo, and HELOC. Direct retail-channel competitor pursuing the same purchase and refinance customers.
- Guild Mortgage: Independent mortgage lender with strong specialization in FHA, VA, and USDA government loan programs — directly overlapping HB Lending's stated government loan focus — plus conventional and renovation products.
- Caliber Home Loans: Independent mortgage lender with retail, wholesale, and correspondent channels offering conventional, government, and non-QM products. Comparable as a multi-channel independent competitor with overlap in FHA/VA and refi.
- Fairway Independent Mortgage: Large independent mortgage lender with a similar branch-based, producer-driven model, broad product set (conventional, FHA, VA, jumbo), and a hybrid digital/relationship service positioning. Closest like-for-like comparable on operating model and product breadth.
Broad incumbents
- NewRez (formerly New Penn Financial): Top-15 U.S. mortgage lender operating retail, wholesale, and servicing channels. Comparable as a wholesale counterparty that HB Lending brokers loans through and as a broader-channel competitor for retail purchase and refi.
- Rocket Mortgage: Largest U.S. retail mortgage lender and a vertically integrated fintech that has expanded into the broker channel via Rocket Pro TPO. Comparable as a direct competitor for retail purchase and refinance volume and a benchmark for digital closing UX that HB Lending's 14-day target is measured against.
- United Wholesale Mortgage (UWM): The largest U.S. wholesale mortgage lender, working exclusively through independent mortgage brokers like HB Lending. Directly comparable as one of the primary counterparties in HB Lending's 100+ investor network and a key benchmark for wholesale pricing tiers.
- loanDepot: National retail and wholesale mortgage lender with a broad product set including FHA, VA, conventional, and HELOC. Comparable as a multi-channel competitor pursuing the same purchase and refinance borrowers across digital and officer-assisted channels.
- Homepoint: Wholesale and correspondent mortgage lender serving independent brokers like HB Lending. Comparable as a counterpart investor in the broker's network and a benchmark for wholesale pricing/service that drives broker economics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Homebound Loans social profiles
Digital presenceHomebound Loans financial estimates
Financial estimateRevenue estimate
Valuation estimate
Homebound Loans leadership team
Management profileNumber of profiles
Profiles10 records
Homebound Loans funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Homebound Loans M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Homebound Loans
What does Homebound Loans do?
Homebound Loans (HB Lending) is a mortgage lending and brokerage company that originates residential loans and shops them against a network of 100+ investors to secure competitive rates. It offers fixed-rate and adjustable-rate mortgages, FHA, VA, and jumbo home loans, home equity lines of credit, refinance services, and commercial/investment property loans, supported by a digital application portal, pre-qualification tools, and a targeted 14-day digital closing workflow.
Is Homebound Loans a public or private company?
Homebound Loans is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Homebound Loans founded?
Homebound Loans was founded in 2008. It employs 11 to 50 people.
Where is Homebound Loans based?
Homebound Loans is headquartered in Arlington, United States, in the North America region.
How does Homebound Loans make money?
Two revenue lines are on record. Mortgage Origination Fees are the primary driver. The others are loan Brokerage Commission.
Who are Homebound Loans's main competitors?
Direct peers on record are Movement Mortgage, PrimeLending, Guild Mortgage, Caliber Home Loans and Fairway Independent Mortgage. Broad incumbents are NewRez (formerly New Penn Financial), Rocket Mortgage, United Wholesale Mortgage (UWM), loanDepot and Homepoint.
Does Homebound Loans have an API?
No public API is recorded for Homebound Loans.
What industry is Homebound Loans in?
Homebound Loans's product category is Mortgage Lending. Its primary akta.pro industry code is FSAEAEAD, Home Equity Loan & HELOC Intermediation, with a secondary code of FSALACAE, Government Wholesale Lending (FHA/VA/USDA). Its NAICS code is 522310 and its SIC code is 6163.