Centennial Lending

What Centennial Lending does

Centennial Lending, LLC is a privately held credit union service organization (CUSO) headquartered in Firestone, Colorado, with an additional servicing office in Glendale, Arizona. Founded in 2013 and operating under NMLS #3056, the company delivers residential mortgages, commercial loans, construction loans, vehicle lease servicing, and ongoing loan care/servicing. Its distribution is structured around more than 100 credit union partners across nine core states (Colorado, New Mexico, Wyoming, Oklahoma, Nebraska, Iowa, Idaho, Oregon, and Montana), with Arizona added for residential servicing; partners refer members and the firm provides origination and back-office infrastructure, including individually co-branded borrower portals for partners such as Meridian, Aero, Grand Altitude, UniWyo, Blue, and HNCU.

The company does not disclose proprietary technology. Its operating stack leverages third-party loan status platforms (estatusconnect.com for residential and vehicle leases, ficsloanstat.com for commercial), public-facing borrower portals for application intake, rate checking, and calculators, and internal loan servicing infrastructure that handles payment processing, tax and insurance escrow management, and hardship support. The product surface is deliberately broad within a single lending franchise: conventional, FHA, VA, and Wyoming Community Development Authority (WCDA) residential mortgages, commercial real estate and business lending, residential construction loans with contractor and project-monitoring workflow, and vehicle lease servicing for partner credit union members.

Revenue is generated through a mix of transaction-based origination fees and ongoing interest on held loans, combined with managed-services revenue from loan and vehicle lease servicing. Pricing is borrower-specific and disclosed only on application. The firm markets through community sponsorships, its website and borrower portals, and partner-driven referrals rather than paid acquisition, and serves both credit union members and the general public. Headcount is reported in the 101-250 range with no disclosed financials, venture backing, or M&A activity.

Name

Centennial Lending

Legal name

Centennial Lending, LLC

Website

https://centennial-lending.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

Centennial Lending is a Colorado-based credit union service organization (CUSO) originating residential, commercial, and construction loans and servicing loan and vehicle-lease portfolios for more than 100 partner credit unions across nine states.

Ownership category

akta.pro rank

Product category

Credit Union Lending Services (CUSO Mortgage and Commercial Lending)

NAICS

Commercial Banking (52211)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

SME Commercial Real Estate (CRE) Lending (FSABABAG)

akta.pro secondary industries

Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH), Community Credit Unions (Retail/Consumer Focus) (FSABAEAA), Government Wholesale Lending (FHA/VA/USDA) (FSALACAE)

Keywords

• Residential mortgage lending
• Credit union lending services
• Commercial loan origination
• Construction loan financing
• Loan servicing

Headquarters

HQ city

Firestone

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Loan Origination Revenue: Centennial Lending originates residential mortgages (Conventional, FHA, VA), commercial loans, and construction loans. Revenue is generated through loan origination fees and the ongoing interest income from held loans.
2. Vehicle Lease Servicing: The company services vehicle leases for partner credit unions, collecting payments and managing lease accounts on behalf of credit union members.
3. Loan Servicing & Portfolio Management: Company provides loan care and servicing for residential and commercial loan portfolios, managing payments, escrow accounts, tax and insurance payments for borrower accounts.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Centennial Lending, LLC is a credit union service organization (CUSO) that originates residential mortgages (Conventional, FHA, VA, and Wyoming Community Development Authority/WCDA), commercial loans, residential construction loans, and vehicle leases. It also provides ongoing loan care and servicing—including payment processing, escrow/tax/insurance management, ACH payment setup, and borrower communication—across nine states plus Arizona for residential servicing. The company distributes these products through its 100+ partner credit unions as well as direct online channels to the general public.

Product overview

Centennial Lending is a credit union service organization (CUSO) offering a portfolio of mortgage and lending products through four core offerings: Residential Mortgages, Commercial Loans, Construction Loans, and Vehicle Leasing. The company operates co-branded borrower portals for over 100 partner credit unions, providing unified application processing and loan servicing across nine states. Their digital platform includes online rate checking and financial calculators as supplementary tools. The company also provides loan care and servicing for existing loans, handling escrow management, payment processing, and borrower communication.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Mortgages Home purchase and refinance mortgage loans including Conventional, FHA, VA, and Wyoming Community Development Authority (WCDA) loan programs, available to consumers via the credit union partner network and direct online applications.
• Commercial Loans Commercial lending solutions for business properties and real estate investments, originated for credit union members and direct commercial borrowers across Centennial Lending's nine-state service area.
• Construction Loans Residential construction loans that include application review, contractor reference checks, pre-qualification for permanent mortgage financing, and project expense monitoring during construction.
• Vehicle Leases Vehicle lease servicing for partner credit union members, including online account access, ACH payment setup, and ongoing payment processing through the [email protected] support channel.
• Loan Care & Servicing Loan servicing for residential and commercial loan portfolios, including payment processing, tax and insurance escrow management, hardship support, and ongoing borrower communication.

Named customers1 record

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Partner Credit Unions (100+)coreChannel Partner/ Reseller/ DistributorCentennial Lending operates as a Credit Union Service Organization (CUSO) providing residential mortgage, commercial lending, and vehicle lease servicing to members of over 100 partner credit unions. These credit unions refer their members to Centennial Lending for mortgage and lending services, and Centennial Lending provides the infrastructure, expertise, and loan products to serve these members.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Newfi: Non-QM and alternative mortgage lender focused on borrowers outside agency guidelines, distributed through wholesale and credit union channels. Comparable because it targets credit union and community-banking partners as a distribution channel, similar to Centennial's CUSO model.
• Better.com: Direct-to-consumer digital mortgage fintech offering streamlined refinance and purchase products. Comparable because it represents the emerging digital-first origination model competing for the same end-borrower relationships Centennial and credit union partners serve.

Broad incumbents

• Rocket Mortgage: Largest U.S. mortgage originator operating a national direct-to-consumer and broker channel. Comparable because it competes for the same residential origination pool and benchmarks industry-wide pricing, capacity, and technology investment levels.
• United Wholesale Mortgage (UWM): Largest U.S. wholesale mortgage lender, funding independent mortgage brokers and correspondents nationally. Comparable because it competes for origination volume and sets wholesale pricing that affects CUSO and independent lender economics.
• Pennymac: Large U.S. mortgage servicer and lender with a national consumer-direct and correspondent business. Comparable because it operates in both origination and loan servicing - the same combination Centennial offers its credit union partners - at much larger scale.

Direct peers

• CO-OP Financial Services: Long-standing credit union service organization (CUSO) providing lending-adjacent technology, payments, and shared services to thousands of credit unions. Directly comparable CUSO model serving the same partner base as Centennial, with overlapping lending and member-services offerings.
• CUNA Strategic Services: CUSO affiliate of the Credit Union National Association that curates and delivers vetted vendor solutions to credit unions. Comparable because it operates in the same CUSO ecosystem and helps credit unions source mortgage and lending service providers.
• CMG Financial: Independent mortgage banker with retail, wholesale, and correspondent channels offering residential purchase and refinance products. Comparable because it competes with Centennial for retail mortgage broker and partner relationships, with similar multi-channel distribution.

Others

• Mortgage Cadence: Loan origination platform provider serving mortgage lenders, including credit unions. Comparable as an enabling technology partner whose platform capabilities and roadmap shape the operating efficiency of CUSOs and independent mortgage bankers like Centennial.
• ICE Mortgage Technology (formerly Black Knight): Dominant U.S. mortgage technology infrastructure provider for loan origination, servicing, and closing. Comparable as the underlying technology ecosystem (estatusconnect/ficsloanstat-style platforms) Centennial and most lenders depend on for daily operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

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 Centennial Lending