Encompass Lending Group
Encompass Lending Group, LP is a nationwide U.S. mortgage lender headquartered in Katy, Texas, operating as a subsidiary of Fathom Holdings (NYSE: FTHM) and originating residential and commercial mortgage products through 100+ loan officers licensed across 45+ states.
- Company typePrivate
- Founded2008
- HeadquartersKaty, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Encompass Lending Group does
Encompass Lending Group, LP is a privately held, nationwide mortgage lender headquartered in Katy, Texas, and operating as the dedicated mortgage origination subsidiary of Fathom Holdings (NYSE: FTHM). The company originates residential mortgage products — home purchase loans (FHA, VA, USDA, conventional, jumbo, ARM), refinances, and reverse mortgages — as well as commercial real estate financing products including bridge lending, hard money lending, multi-family financing, portfolio financing, and construction & development loans. Distribution is delivered through a network of 100+ licensed loan officers across 45+ U.S. states, supported by multiple branded divisions (Cornerstone First Financial, YourWayLoan, Basile Center) and a proprietary free credit-education funnel called the HomeStart Credit Education Program that generates agent referrals and converts credit-challenged prospects into closable originations.
Revenue is generated on a transaction-fee basis through mortgage origination charges and the spread between origination costs and interest rates charged to borrowers; the company also earns through its commercial lending division by matching clients with banks, private lenders, and institutional capital providers. The go-to-market motion is sales-led, relying on loan officer personal networks, real estate agent referrals, organic search via state-specific website landing pages, and direct-to-consumer online applications. There is no proprietary technology platform described; the stated stack consists of conventional mortgage lending infrastructure and the Lenderlogix third-party online application portal.
The company was founded by Wayne King in May 2008, and has pursued a measured inorganic expansion strategy, acquiring Cornerstone First Financial, Nexus Funding 123, Start Home Loans, and most recently Elite Financing Group of Austin in August 2023, with a publicly stated goal to nearly double national mortgage closings. Customer concentration is dispersed across individual homebuyers, real estate investors, and commercial borrowers, with no named anchor customers disclosed, and pricing is variable by product, borrower profile, and market conditions.
Encompass Lending Group firmographics
Firmographics- Name
- Encompass Lending Group
- Legal name
- Encompass Lending Group, LP
- Website
- https://encompasslending.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Encompass Lending Group, LP is a nationwide U.S. mortgage lender headquartered in Katy, Texas, operating as a subsidiary of Fathom Holdings (NYSE: FTHM) and originating residential and commercial mortgage products through 100+ loan officers licensed across 45+ states.
- Ownership category
- akta.pro rank
Encompass Lending Group industry classification
Industry- Product category
- Mortgage Lending
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Loan Brokers (6163)
- akta.pro primary industry
- Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA)
- akta.pro secondary industries
- Mortgage & Loan Introducers (Residential & Commercial) (FSAEAMAA), Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH), Construction-to-Perm & Renovation Loan Brokers (FSALABAF)
Keywords
Where Encompass Lending Group is headquartered
LocationHeadquarters
- HQ city
- Katy
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Encompass Lending Group business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Mortgage Origination: Encompass Lending Group generates revenue primarily through mortgage origination fees and the spread between loan origination costs and interest rates charged to borrowers. As a licensed mortgage lender operating nationwide, the company earns income on each loan closed through its network of loan officers. The company also offers commercial lending products (bridge lending, hard money, multi-family, construction financing) generating additional origination-based revenue streams.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Encompass Lending Group product offering
Product offeringCore offering
Encompass Lending Group is a nationwide mortgage lender offering residential home purchase, refinance, and reverse mortgage products alongside commercial lending solutions including bridge, hard money, multi-family, construction, and portfolio financing. The company operates through a network of 100+ licensed loan officers across 45+ U.S. states, distributing loans directly to consumers and real estate investors, and is a wholly-owned unit of Fathom Holdings (NYSE: FTHM).
Product overview
Encompass Lending Group operates as a mortgage lending platform offering residential and commercial financing solutions. The core residential offerings include home purchase loans (fixed-rate, ARM, FHA, VA, USDA, conventional, and jumbo) and refinance loans. The company also provides reverse mortgage specialty products and the HomeStart Credit Education Program for credit-impaired buyers. On the commercial side, offerings include bridge lending, hard money lending, multi-family property financing, portfolio financing, and construction & development financing. The company operates through multiple sub-brands including Cornerstone First Financial and YourWayLoan Division, all under the unified NMLS #292897 license.
Differentiator
Problem solved
Functional benefit
Brands
- Cornerstone First Financial: Residential mortgage lending division operating under Encompass Lending Group
- YourWayLoan Division
- Basile Center
- HomeStart Credit Education Program
Products and services
- Home Purchase Loans Residential mortgage financing for home purchases, including fixed-rate mortgages, adjustable-rate mortgages (ARM), government-insured loans (FHA, VA, USDA), conventional loans, and jumbo loans exceeding conforming loan limits. Targeted at individual homebuyers across 45+ U.S. states.
- Refinance Loans Mortgage refinancing services allowing borrowers to replace existing mortgages with new loans, enabling rate conversions, term adjustments, cash-out options, or debt consolidation. Available to homeowners nationwide through the company's loan officer network.
- Reverse Mortgage Specialized mortgage products for senior homeowners, allowing them to convert home equity into cash while retaining ownership of the property.
- Commercial Lending Tailored financing solutions for commercial real estate, construction, and business expansion, backed by experienced advisors and a nationwide lending network. Covers office, retail, industrial, mixed-use, and niche properties. Targets business owners, commercial developers, and real estate investors.
- Bridge Lending Balance-sheet lending for borrowers with less-than-perfect loan scenarios, featuring streamlined and borrower-friendly underwriting processes for flexible short-term financing. Targeted at real estate investors and developers needing fast capital.
- Hard Money Lending Fast, flexible equity-based lending approvals based on liquidity, exit, equity, and experience rather than traditional ratios or credit scores. Targeted at real estate investors requiring rapid financing.
- Multi-Family Properties Financing Short and long-term financing solutions for multi-family properties with 5+ units, with a residential focus across all major U.S. markets. Targeted at real estate investors and portfolio builders.
- Portfolio Financing Business-purpose lending for all property types including fix-and-flip, fix-and-hold, and long-term portfolio financing for investors with 10+ units. Targeted at real estate investors scaling rental portfolios.
- Construction & Development Financing Financing for residential and commercial construction projects for developers, supporting community development and sustainable business growth nationwide. Targeted at residential and commercial developers.
- HomeStart Credit Education Program Free credit education program that helps potential buyers become mortgage-ready by improving their credit profiles, keeping real estate agents engaged with clients during the pre-approval process. Targeted at credit-challenged buyers and the real estate agents who refer them.
Quantifiable outcome
- 2 in 5 enrolled clients ultimately close on a home through the HomeStart program
- +1 more outcomes
Companies that use Encompass Lending Group
Customer profileSegments4 records
Ideal customer profiles3 records
Encompass Lending Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Encompass Lending Group partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- Elite Financing GroupminorEncompass Lending Group acquired Elite Financing Group of Austin, Texas in August 2023. The acquired company began operating under the Encompass Lending brand, expanding the company's presence in Texas. The terms of the deal were not disclosed.
- SBA (Small Business Administration)minorEncompass Lending Group's commercial lending division offers SBA loan products as part of its financing solutions. SBA loans are government-backed small business financing programs distributed through SBA-approved lenders.
- National Association of Mortgage Brokers (NAMB)minorWayne King, Founder of Encompass Lending Group, serves as Treasurer of NAMB, representing the company and the mortgage industry at the national level. GHAMP involvement further positions the company within the mortgage broker community.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Encompass Lending Group competitors and assessment
Company assessmentDirect peers
- loanDepot: Multi-channel retail and wholesale mortgage lender offering purchase, refinance, HELOC, and reverse products across 45+ states. Direct comparison to Encompass in scope of state coverage, product breadth, and retail-led go-to-market through a nationwide loan officer network.
- New American Funding: Privately held retail mortgage lender licensed nationwide with a focus on diverse borrower segments (non-QM, Latino, first-time buyers). Highly comparable to Encompass in multi-state retail origination, product inclusivity for non-traditional borrowers, and a strong real estate agent referral channel.
- Fairway Independent Mortgage Corporation: Privately held retail mortgage lender operating across 45+ states with a network of branch-based loan officers. Comparable to Encompass in geographic footprint, retail-led sales motion, and product diversification including government, conventional, and niche offerings.
- CrossCountry Mortgage: Privately held retail mortgage lender with licenses in all 50 states and a distributed loan officer model. Comparable to Encompass in national retail footprint, breadth of purchase/refinance/government loan products, and growth via M&A and branch acquisitions.
- Guaranteed Rate: Retail-focused mortgage lender with a national loan officer network and a digital brand (Rate.com). Comparable to Encompass in retail distribution scale, multi-product offering, and investment in technology-enabled origination.
- Caliber Home Loans: Privately held mortgage lender and servicer with retail, wholesale, and correspondent channels. Comparable to Encompass in diversified origination channels, product breadth including non-QM, and investor-focused offerings.
- Homepoint (now part of Rithm Capital / NewRez): Wholesale and retail mortgage lender serving brokers and consumers nationally. Comparable to Encompass in multi-channel distribution and nationwide reach, and competes for both retail borrowers and the broker partner ecosystem.
Broad incumbents
- United Wholesale Mortgage (UWM Holdings): Largest U.S. wholesale mortgage lender (broker channel only) and a major publicly traded incumbent. While UWM focuses on the wholesale/broker channel rather than Encompass's retail channel, it competes for the same loan officer talent pool and operates at much larger scale.
- Rocket Mortgage (Rocket Companies): Largest U.S. retail mortgage lender and a publicly traded incumbent (NYSE: RKT). A direct competitor for consumer mind share in purchase and refinance, with significant technology investment; Encompass competes in the same end markets with a more relationship-driven model.
Emerging players
- Angel Oak Mortgage Solutions: Non-QM and alternative-doc residential mortgage lender focused on self-employed, investor, and credit-challenged borrowers. Closely comparable to Encompass's non-QM, hard money, and HomeStart-adjacent niches targeting borrowers outside conventional agency guidelines.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Encompass Lending Group social profiles
Digital presenceEncompass Lending Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Encompass Lending Group leadership team
Management profileNumber of profiles
Profiles7 records
Encompass Lending Group subsidiaries and ownership
Company hierarchySubsidiaries4 records
Encompass Lending Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Encompass Lending Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Encompass Lending Group
What does Encompass Lending Group do?
Encompass Lending Group is a nationwide mortgage lender offering residential home purchase, refinance, and reverse mortgage products alongside commercial lending solutions including bridge, hard money, multi-family, construction, and portfolio financing. The company operates through a network of 100+ licensed loan officers across 45+ U.S. states, distributing loans directly to consumers and real estate investors, and is a wholly-owned unit of Fathom Holdings (NYSE: FTHM).
Is Encompass Lending Group a public or private company?
Encompass Lending Group is a private company. It is classified as corporate owned and is currently operating.
When was Encompass Lending Group founded?
Encompass Lending Group was founded in 2008. It employs 101 to 250 people.
Where is Encompass Lending Group based?
Encompass Lending Group is headquartered in Katy, United States, in the North America region.
How does Encompass Lending Group make money?
One revenue line is on record: mortgage Origination.
Who are Encompass Lending Group's main competitors?
Direct peers on record are loanDepot, New American Funding, Fairway Independent Mortgage Corporation, CrossCountry Mortgage, Guaranteed Rate, Caliber Home Loans and Homepoint (now part of Rithm Capital / NewRez). Broad incumbents are United Wholesale Mortgage (UWM Holdings) and Rocket Mortgage (Rocket Companies). Angel Oak Mortgage Solutions is listed as an emerging player.
Does Encompass Lending Group have an API?
No public API is recorded for Encompass Lending Group.
What industry is Encompass Lending Group in?
Encompass Lending Group's product category is Mortgage Lending. Its primary akta.pro industry code is FSAEAEAA, Residential Mortgage Brokerage (Purchase & Refinance), with a secondary code of FSAEAMAA, Mortgage & Loan Introducers (Residential & Commercial). Its NAICS code is 522310 and its SIC code is 6162.