Divine Mortgage Capital

What Divine Mortgage Capital does

Divine Mortgage Capital is a privately held mortgage lender founded in 2019 and headquartered in Los Angeles, California, operating under NMLS ID #886336. The company originates mortgages through three channels: retail direct lending to consumers, wholesale/TPO lending to mortgage brokers, and a mini-correspondent program for partners transitioning from broker to banker status. Its product suite spans agency conforming, FHA, high-balance, and jumbo loans, plus a non-QM portfolio including TVOE (no tax returns), RED (self-employed/reduced documentation), DSCR (investor), 12-month bank statements, KVOE (asset-based), and a Credit Issue program for borrowers with recent credit events, supplemented by HELOC piggyback products and Fannie Mae HomeReady / Freddie Mac Home Possible Advantage affordable programs.

The company holds approved seller/servicer status with Fannie Mae and Freddie Mac, and is an FHA-approved Title II lender, enabling direct secondary-market execution. Its proprietary technology includes a web-based loan origination system and mobile application supporting document upload via camera or cloud storage, appraisal ordering, rate locking, pricing engine queries, eDisclosures with e-signatures, and automated milestone notifications across retail and broker workflows. Divine Mortgage Capital is licensed in 29+ U.S. states and operates nine branch locations across California, Arizona, Georgia, Hawaii, Illinois, New Jersey, Texas, and Washington.

Revenue is generated primarily through gain-on-sale economics on originated loans sold to GSEs and through transaction-based fees charged to wholesale broker and correspondent partners for underwriting, processing, and funding services. Ownership is privately held with no disclosed venture capital or institutional investor backing.

Name

Divine Mortgage Capital

Legal name

Divine Mortgage Capital

Website

https://divinemortgagecapital.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Divine Mortgage Capital is a privately held, multi-channel U.S. mortgage lender (NMLS #886336) headquartered in Los Angeles, originating agency and non-QM loans through retail, wholesale, and mini-correspondent channels across 29+ states.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Real Estate Credit (522292), Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro industry

PRIMARYFSALAAAL

Renovation Mortgage Origination (FHA 203(k), HomeStyle, CHOICERenovation)

Financial & Insurance/Mortgage & Housing Finance/Residential Mortgage Origination (Retail & Consumer Direct)

SECONDARYFSALAEAA

Prime (Agency/Conforming) Mortgage Servicing

Financial & Insurance/Mortgage & Housing Finance/Mortgage Servicing & Subservicing

SECONDARYFSALAGAH

Home Equity Loan/HELOC Secondary Market & Securitization (ABS/Whole Loan Sales)

Financial & Insurance/Mortgage & Housing Finance/Home Equity Lending & HELOCs

SECONDARYFSALAFAB

Non-Agency/Private-Label RMBS Securitization & Issuance

Financial & Insurance/Mortgage & Housing Finance/Mortgage Loan Purchasing, Securitization & Secondary Market (MBS/Whole Loan)

Keywords

• Residential mortgage lending
• Wholesale broker lending
• Correspondent loan purchasing
• Non-QM loan programs
• FHA jumbo financing

Headquarters

HQ city

City Of Industry

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Lending Interest Income: As a direct lender and approved Fannie Mae/Freddie Mac seller/servicer and FHA approved lender, Divine Mortgage Capital originates mortgage loans and earns interest income on the loans it originates. Loans are sold to investors (Fannie Mae, Freddie Mac) and serviced.
2. Wholesale/Broker Fees: Fees charged to mortgage brokers and correspondents for loan processing, underwriting, and funding services through the wholesale and correspondent channels.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels3 records

Core offering

Divine Mortgage Capital is a direct mortgage lender that originates residential home loans through three channels: retail/direct-to-consumer lending, wholesale lending to mortgage brokers (TPO), and a mini-correspondent program. As an approved Fannie Mae seller/servicer, Freddie Mac seller/servicer, and FHA Title II lender, it funds agency-conforming, FHA, high-balance, jumbo, and a broad Non-QM product suite (TVOE, RED, DSCR, bank statement, KVOE, credit-issue, HELOC Plus), then sells loans to GSE investors and services them on behalf of those investors.

Product overview

Divine Mortgage Capital is a mortgage lender operating through three primary channels: Retail Lending (direct-to-borrower), Wholesale Lending/TPO (broker channel), and a Mini-Correspondent Program. The company offers a comprehensive suite of mortgage products including Conforming, FHA, High Balance, Jumbo, and Extended Jumbo loan programs. Its Non-QM portfolio includes specialized products such as TVOE (wage-earner/no tax returns), RED (self-employed/portfolio reduced doc), DSCR (investor/asset-based), 12 Months Bank Statements, KVOE (asset-based), and Credit Issue programs for borrowers with recent credit events. The company also provides HELOC/Piggyback products and partners with Fannie Mae and Freddie Mac through HomeReady, Home Possible Advantage, RefiNow, and RefiPossible programs. Technology offerings include a Pricing Engine, eDisclosures with e-signatures, Paperless document management, eNotification alerts, and a Mobile App for loan processing.

Differentiator

Problem solved

Functional benefit

Products and services

• Retail Lending (Direct-to-Consumer Mortgage) Direct lending channel where Divine Mortgage Capital processes applications, underwriting, and closings entirely in-house for individual borrowers seeking purchase or refinance mortgage financing.
• Wholesale Lending (TPO / Broker Channel) Third-party originator channel providing mortgage brokers and TPO partners access to Divine Mortgage Capital's loan products, pricing engine, and technology tools for originating mortgages on behalf of the lender, with underwriting, funding, and loan purchase handled by Divine.
• Mini-Correspondent Program Program allowing clients to underwrite, close, and fund loans in their own name while Divine Mortgage Capital provides underwriting, document preparation, funding, shipping, post-closing, and loan purchase services, including warehouse line support.
• Conforming Fixed & ARMs Conforming mortgages for homes in median to low-cost areas with loan amounts up to $510,400 for single-family residences; fixed-rate terms of 10, 15, 20, 25, and 30 years and adjustable-rate terms of 3/1, 5/1, 7/1, and 10/1; down payment as low as 3%.
• High Balance Fixed & ARMs Mortgages for higher-cost areas with loan amounts above $510,400 up to $765,600, featuring fixed-rate terms of 10, 15, and 30 years.
• Extended High Balance Fixed & ARMs Loan amounts up to $765,600 with no county loan limits, fixed-rate terms of 15 and 30 years, adjustable-rate terms of 5/1, 7/1, and 10/1, down payments as low as 10%, and no mortgage insurance.
• FHA Fixed & ARMs Federal Housing Administration insured mortgages with fixed-rate terms of 15 and 30 years and adjustable-rate terms of 5/1, down payments as low as 3.5%, available for borrowers with less-than-perfect credit on primary residences only.
• FHA High Balance Fixed FHA loans for higher loan amounts on primary residences.
• Jumbo Fixed & ARMs Loans for amounts up to $3 million with interest-only options on 5/1, 7/1, and 10/1 LIBOR ARM terms, no mortgage insurance required, and minimum credit scores as low as 680.
• Extended Jumbo Fixed & ARMs Loans up to $2 million with 10% down payment required and minimum credit score of 661.
• TVOE (Wage Earner / No Tax Returns) Non-QM loan program for wage earners using Written Verification of Employment for qualifying without paystubs, W-2s, or 4506T forms; also available for self-employed borrowers using year-to-date profit and loss statements.
• Credit Issue Program Loans available one day after bankruptcy, foreclosure, or short sale, with amounts from $100,000 to $1 million, 30-year fixed and 5/1 ARM options, down payments as low as 15%, and credit scores as low as 580.
• HELOC Plus (Piggyback) Home Equity Line of Credit with down payments as low as 10.01%, a 10-year draw period and 20-year repayment period, variable interest rate based on the Wall Street Journal prime rate, designed to eliminate PMI or avoid jumbo financing.
• KVOE (Asset-Based) Non-QM loan program with delegated underwriting for borrowers qualifying based on assets rather than income documentation.
• RED (Portfolio Reduced Doc / Self-Employed) Non-QM loan program for self-employed borrowers using profit and loss statements and/or bank statements for qualifying, with loan amounts up to $3 million and credit scores as low as 640.
• DSCR (Debt Service Coverage Ratio / Investor Program) Non-QM loan program for real estate investors qualifying based on cash flow of the subject property with no income, employment, or tax return requirements.
• 12 Months Bank Statements Non-QM loan program allowing qualification using 12 months of bank statements for self-employed or alternative documentation borrowers.
• Jumbo Prime (Delegated Underwriting) Jumbo loan program with delegated underwriting for faster closing and competitive pricing.
• HomeReady / Home Possible Advantage Conventional loan programs with down payments as low as 3%, minimum FICO of 620+, and potentially better pricing and less mortgage insurance than standard conventional or FHA loans.
• SLIM Non-QM loan program with specific underwriting guidelines and LLPA adjustments.
• Fannie Mae RefiNow Refinance program from Fannie Mae designed to help borrowers lower their monthly mortgage payments.
• Freddie Mac RefiPossible Refinance program from Freddie Mac helping borrowers with their mortgage refinancing needs.
• Closed End Second (CES) Standalone second mortgage product available in both full documentation and non-QM/alternative documentation versions.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Two partnerships are on record, tiered minor and core.

• Ameri Escrow Inc.minorImplementation/ SI/ Consulting Partner · 8 March 2022Divine Mortgage Capital partnered with Ameri Escrow Inc. as an approved escrow partner to facilitate smooth closings for borrowers.
• MERS (Mortgage Electronic Registration Systems)coreTechnology or IntegrationMERS membership (General or Lite) is required for mini-correspondent partners. Divine Mortgage Capital integrates with MERS for loan registration and tracking.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Kiavi (formerly LendingHome): Investor-focused real estate lender using DSCR and asset-based qualifying. Comparable to Divine's DSCR investor program.
• Verus Mortgage Capital: Non-QM and investor-focused mortgage lender with delegated underwriting, comparable to Divine's Non-QM and DSCR product specialization.
• Angel Oak Mortgage Solutions: Non-QM and alternative-doc mortgage specialist serving self-employed, investor, and credit-event borrowers. Closely comparable to Divine's TVOE, RED, DSCR, and bank-statement product focus.

Broad incumbents

• Rocket Mortgage: Largest U.S. retail mortgage lender and a major force across channels. Overlaps with Divine's retail, wholesale (Rocket Pro TPO), and non-agency offerings at a much larger scale.
• PennyMac Financial Services: Top-five U.S. mortgage lender operating production (retail, broker direct, correspondent) and servicing. Comparable in channel mix and GSE seller/servicer status, with materially greater scale.

Direct peers

• NewRez (formerly New Penn Financial): Multi-channel mortgage lender operating retail, wholesale, and correspondent with a strong non-QM and specialty product offering. Directly comparable to Divine's channel mix and product breadth.
• United Wholesale Mortgage (UWM): Largest U.S. wholesale mortgage lender. Directly competes with Divine in the TPO broker channel, offering similar agency, FHA, and non-QM products through broker partners with aggressive pricing and turn-time commitments.
• Homepoint: Pure-play wholesale mortgage lender serving TPO brokers with agency and non-QM products. Direct competitor in Divine's primary wholesale channel.
• loanDepot: Multi-channel mortgage lender (retail, wholesale, correspondent) offering agency, FHA, jumbo, and non-QM products. Closely comparable to Divine's three-channel origination strategy.
• Caliber Home Loans: Mid-sized IMB operating retail, wholesale, and correspondent channels with extensive non-QM and specialty products. Comparable scale and channel structure to Divine.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance4 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 Divine Mortgage Capital