City Lending

What City Lending does

City Lending, Inc. is a privately held, formerly operating mortgage lending company founded in 2013 and headquartered in McLean, Virginia, with a secondary payments office in Vienna, Virginia. The company originated residential mortgage loans — including home purchase, rate-and-term refinance, and cash-out refinance products — across a menu of conventional, FHA, VA, USDA, and Non-QM loan programs. It held NMLS Unique Identifier #1045126 and an Arizona Mortgage Banker License (#1042524), operating in a multi-state footprint limited to Virginia and Arizona while being explicitly unauthorized in New York.

The company's go-to-market was sales-led, relying on local loan officers who guided individual borrowers from pre-qualification through closing, supplemented by an online application portal, a dedicated payment portal at apps.citylendinginc.com, and a suite of web-based financial calculators (mortgage, affordability, rent vs buy). Revenue was generated through transaction fees tied to loan origination, including origination charges and the spread between borrower rates and secondary-market rates. Customer concentration was entirely retail: individual homebuyers, with a stated specialization in first-time buyers and underserved borrowers — notably ITIN holders served through a dedicated program called Tax ID Max EEP. No funding rounds, parent company, or institutional investor relationships are disclosed.

As of the most recent website content, City Lending Inc has ceased operations and is no longer conducting new business. Inquiries regarding prior transactions are routed to a compliance email address, and the company's previously active social media channels and loan officer directory are no longer being maintained as commercial channels. The firm functioned as a small (1–10 employee) niche mortgage broker whose entire operational footprint has now been wound down.

Name

City Lending

Legal name

City Lending, Inc.

Website

https://citylendinginc.com

Company type

Private

Founded year

2013

Operating status

Closed

Headcount range

101–250 employees

Short description

City Lending was a small, privately held Virginia-based mortgage lender that originated home purchase and refinance loans for individual borrowers, with specialization in ITIN holders and first-time homebuyers, but has ceased operations.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (522310), Nondepository Credit Intermediation (5222)

SIC

Loan Brokers (6163), Mortgage Bankers & Loan Correspondents (6162)

akta.pro industry

PRIMARYFSALAAAI

Government-Insured Mortgage Origination (FHA/VA/USDA)

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

SECONDARYFSALAAAG

First-Time Homebuyer (FTHB) Mortgage Origination

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

Keywords

• Residential mortgage lending
• Home purchase loans
• Mortgage refinancing
• ITIN mortgage loans
• Loan origination services

Headquarters

HQ city

Mclean

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Lending: City Lending generates revenue through originating mortgage loans, including purchase mortgages and refinances. The company offers various loan products including conventional loans, FHA loans, VA loans, USDA loans, and non-QM loans. Revenue is generated through origination fees and the spread between interest rates offered to borrowers and secondary market rates.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

City Lending originates residential mortgage loans for home purchases and refinancing, offering Conventional, FHA, VA, USDA, and Non-QM loan products. Services span pre-qualification, application, processing, and closing, with dedicated loan officers guiding borrowers from application to closing. The company also offered a specialized Tax ID Max EEP loan program for ITIN holders and supported borrowers via an online application and payment portal.

Product overview

City Lending is a mortgage lending company offering a unified suite of home financing products centered around home purchase loans and refinancing services. The core offerings include Buy a Home (home purchase loans with various programs like FHA, VA, Conventional, USDA, and Non-QM) and Refinance products (including FHA CashOut, Conventional Loan refinancing, and RefiNow for low-income homeowners). Supporting these core products are financial tools including a Mortgage Calculator, Affordability Calculator, and Rent vs Buy Calculator. The company also provides a Loan Payment Portal for existing borrowers and specialized loan programs like Tax ID Max EEP for ITIN holders. Services are accessible through loan officers and an online application process.

Differentiator

Problem solved

Functional benefit

Products and services

• Buy a Home (Home Purchase Loans)
• Refinance
• FHA CashOut Refinance
• Conventional Loan Refinance
• RefiNow
• Tax ID Max EEP
• Loan Payment Portal

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• Angel Oak Mortgage Solutions: Non-QM and alternative-doc mortgage lender focused on self-employed, ITIN, and other non-traditional borrowers. Highly relevant to City Lending's ITIN-holder and non-traditional-credit specialization.

Broad incumbents

• Rocket Mortgage: Largest US retail mortgage lender, offering FHA, VA, USDA, Conventional, and jumbo products with a fully digital application flow. Comparable to City Lending on government-insured product mix and online origination, but vastly larger in scale and geographic reach.
• LoanDepot: National retail and wholesale mortgage lender offering FHA, VA, USDA, Conventional, and Non-QM products. Direct overlap with City Lending's product suite and direct-to-consumer go-to-market approach.

Direct peers

• United Wholesale Mortgage (UWM): Largest US wholesale mortgage lender whose broker channel and product set (including government-insured and Non-QM) directly overlap with City Lending's broker/origination model. Relevant comparable for product breadth and channel mix.
• Paramount Residential Mortgage Group (PRMG): Multi-channel mortgage lender with strong government-insured and first-time homebuyer offerings. Comparable in product mix and in serving a mix of prime and non-traditional borrowers.
• NewRez (formerly New Penn Financial): National mortgage lender and servicer with FHA, VA, USDA, and Non-QM offerings through retail and wholesale channels. Comparable to City Lending on product breadth and government-insured specialization.
• Homebridge Financial Services: Privately held retail and wholesale mortgage lender with full government-insured and conventional product suite. Similar in size tier and product breadth to City Lending.
• Caliber Home Loans: Retail and wholesale mortgage lender offering FHA, VA, USDA, Conventional, and Non-QM products. Direct product overlap with City Lending, including affordable and first-time homebuyer programs.
• Guild Mortgage: Mid-size retail mortgage lender with strong FHA/VA/USDA government-insured book and explicit first-time homebuyer programs. Closely matches City Lending on product mix and FTHB customer focus.
• Fairway Independent Mortgage: Retail mortgage lender with extensive FHA/VA/USDA and first-time homebuyer programs, including underserved-borrower initiatives. Similar product and customer profile to City Lending.

Market position

Strengths2 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/Citylendinginc
• LinkedInlinkedin.com/company/citylendinginc
• Instagraminstagram.com/citylendinginc

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 City Lending