Legacy Home Loans

What Legacy Home Loans does

Legacy Home Loans is a privately held U.S. mortgage lender that originates home purchase and refinance loans, operating as a d/b/a brand of Panorama Mortgage Group, LLC (NMLS 133739) alongside sister brands Alterra Home Loans and Lone Peak Lending. Headquartered in Las Vegas, Nevada, the company maintains a national footprint through a distributed team of loan officers, physical branch locations, and a 24/7 online application portal.

The company's product suite includes conventional and specialty home loan programs, with the proprietary CLOSING the GAP Loan Program designed to help borrowers close down payment and closing-cost gaps. Supporting tools include an online mortgage calculator, a downloadable first-time homebuyer guide, the LEGACY Library blog, and the Panorama loan administration portal for existing borrowers. The company reports 11-50 employees and operates on a technology stack that is not publicly disclosed; no AI/ML capabilities, proprietary underwriting models, or API integrations are documented in the source material.

The business model is transactional fee-based mortgage origination: revenue is generated through loan origination fees and the sale of originated loans into the secondary market, with possible additional income from loan servicing rights and interest rate lock commitments. Pricing is quote-based and varies by loan amount, property type, borrower creditworthiness, and prevailing market conditions. The company pursues a sales-led go-to-market motion with a cultural-mission overlay, explicitly targeting African American communities across the United States with culturally competent messaging and educational content, while also serving first-time homebuyers and refinance customers as secondary segments.

Name

Legacy Home Loans

Legal name

Panorama Mortgage Group, LLC

Website

https://myhomelegacy.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Legacy Home Loans is a U.S. mortgage lender operating as a d/b/a of Panorama Mortgage Group, LLC, originating home purchase and refinance loans nationwide with a mission-driven focus on African American communities and first-time homebuyers.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Real Estate Credit (522292), Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Affordable Housing / Down Payment Assistance (DPA) Mortgage Origination (FSALAAAM)

akta.pro secondary industry

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

Keywords

• Mortgage lending services
• Home purchase loans
• Mortgage refinancing
• First-time homebuyer loans
• Down payment assistance

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Origination: Legacy Home Loans generates revenue through mortgage origination, collecting fees from borrowers when loans are originated and sold into the secondary market. Additional revenue may come from loan servicing rights and interest rate lock commitments.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Legacy Home Loans is a mortgage banking company that originates home purchase loans and refinance products for individual borrowers, with a stated focus on serving African American communities. The company operates as a doing-business-as (d/b/a) brand under Panorama Mortgage Group, LLC (NMLS 133739) and offers specialty loan programs such as the CLOSING the GAP Loan Program to assist borrowers with down payment and closing cost gaps, alongside first-time homebuyer education resources.

Product overview

Legacy Home Loans offers a suite of mortgage products and services through a unified lending platform. Core offerings include home purchase loans, refinance options, and the proprietary CLOSING the GAP Loan Program designed to assist with down payment and closing cost gaps. The company also provides educational resources for first-time homebuyers, an online mortgage calculator tool, and access to a loan management portal through Panorama for existing borrowers. The company operates under Panorama Mortgage Group, LLC (NMLS 133739) and focuses on serving African American communities throughout the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Purchase Loans Mortgage lending services for home purchases, including conventional and specialty loan programs targeted to African American communities and other individual homebuyers.
• Mortgage Refinancing Refinancing options for existing homeowners looking to adjust their mortgage terms, lower their interest rate, or access home equity through cash-out refinancing.
• CLOSING the GAP Loan Program Specialty loan program designed to help borrowers close the gap in their down payment or closing costs, supporting homeownership access for underserved borrowers.
• First-Time Homebuyer Program Educational resources and loan products designed for first-time homebuyers entering the housing market, providing guidance from application through closing.
• Loan Servicing (Panorama Loan Administration Portal) Online loan servicing portal where existing borrowers can manage their loans, make payments, and view account information under Panorama Mortgage Group, LLC.

Quantifiable outcome

• Mission to empower African American communities with sustainable wealth through homeownership

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Panorama Mortgage Group, LLCcoreOthersPanorama Mortgage Group, LLC is the parent company of Legacy Home Loans. Legacy operates as a d/b/a (doing business as) under the Panorama Mortgage Group umbrella, along with Alterra Home Loans and Lone Peak Lending. Panorama is headquartered in Las Vegas, NV and holds NMLS ID 133739.
• Mortgage Bankers Association (MBA)minorOthersLegacy Home Loans is affiliated with the Mortgage Bankers Association, a major industry trade organization for real estate finance professionals.
• National Association of Real Estate Brokers (NAREB)minorOthersLegacy Home Loans is affiliated with NAREB, the oldest minority real estate trade organization in the United States, supporting the mission of homeownership in minority communities.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Lone Peak Lending: Third sister brand under Panorama Mortgage Group operating residential mortgage origination. Same parent platform and NMLS license (133739) as Legacy, sharing loan officer networks, servicing, and product rails, making structural comparability almost one-to-one.
• Movement Mortgage: Large, privately held U.S. nonbank retail mortgage lender with a national branch and loan officer footprint and a strong community-impact mission. Closely comparable private-company scale, retail origination model, and emphasis on diverse communities.
• Alterra Home Loans: Sister brand under Panorama Mortgage Group, LLC alongside Legacy Home Loans. Operates as a separate d/b/a offering residential purchase and refinance mortgage products with shared licensing, servicing, and back-office infrastructure, making it the most directly comparable peer in structure and scale.
• CrossCountry Mortgage: Privately held, fast-growing national nonbank retail mortgage lender with a distributed loan officer model. Comparable channel mix (branch + LO network + digital apply), product set (purchase, refi, DPA), and growth trajectory to Legacy.

Broad incumbents

• Rocket Mortgage: Largest U.S. retail mortgage lender and a national direct-to-consumer brand. Operates in the same purchase and refinance mortgage market as Legacy with a heavy digital focus, directly competing for first-time and minority homebuyers nationally.
• loanDepot: Large national nonbank retail and wholesale mortgage originator with a consumer-direct platform. Comparable on product mix (purchase, refi, HELOC) and target customer (first-time and underserved buyers) at much greater scale.
• United Wholesale Mortgage: Largest U.S. wholesale mortgage lender, providing purchase and refinance products through independent broker partners. While much larger and wholesale-focused, it competes for the same African American and first-time homebuyer segments and sets the competitive baseline on pricing and turn times.
• NewRez (now part of Rithm Capital): National nonbank retail and wholesale mortgage originator (formerly New Penn Financial) with broad product menu including down payment assistance programs that compete directly with Legacy's CLOSING the GAP offering.
• Caliber Home Loans: Large nonbank mortgage originator and servicer with an explicit focus on underserved and minority homebuyer segments, including DPA products. Compares closely to Legacy on customer focus and product set, though at materially greater scale.

Emerging players

• Better Mortgage: Digital-first mortgage lender competing in the same self-serve / online application segment used by Legacy's digital channel. Comparable on technology-led consumer direct origination rather than branch reliance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/myhomelegacy
• Facebookfacebook.com/MyHomeLegacy

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Legacy Home Loans