Partners Mortgage

What Partners Mortgage does

Partners Mortgage is a California-based mortgage lender and brokerage operating as a Doing Business As of The Turnkey Foundation Inc., a California corporation. Founded in 1988 by Dan Trinidad in San Jose, California, the company is now headquartered in Roseville, CA (1687 Eureka Rd, Suite 100) and serves individual consumers across the California residential mortgage market. The company originates four core loan products — Conventional, FHA, VA, and Reverse Mortgage — alongside purchase and refinance transactions. Regulatory standing is maintained through NMLS #236669, License #0185041, CalHFA Approved Lender status, and Equal Housing Lender designation.

The company runs a digital-enabled brokerage model: customers apply online through my1003app.com, supplemented by phone-based inside sales (1-844-727-8684) and in-person consultations with loan officers. Technology is standard mortgage brokerage infrastructure — an online application form plus a content library (Partner Talk blog with 17+ pages) and two original podcasts (Beyond Mortgage and Inspired Forward). There are no proprietary AI/ML systems, no disclosed APIs, and no third-party integrations beyond the application platform. The 'Close on Time Guarantee' offers a $500 administration fee reduction if a purchase transaction misses its agreed escrow date.

Revenue is generated through two streams: (1) origination fees on closed loans (transaction-based, percentage of loan amount) and (2) interest income on portfolio loans or yield spread premium from lender partners (recurring while loans are held or serviced). Go-to-market is sales-led and hybrid — SEO/organic search, email newsletter, real estate agent referral partnerships, and community engagement through the Partners For A Cure charitable initiative (which has raised over $1.08 million for the Leukemia & Lymphoma Society since 2011). Customer segments are home buyers, refinancing homeowners, veterans and active-duty military, and seniors aged 62+; all segments are individual retail consumers with no enterprise accounts.

Name

Partners Mortgage

Legal name

The Turnkey Foundation Inc.

Website

https://partnersmortgage.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Partners Mortgage is a California-based mortgage lender and brokerage (DBA of The Turnkey Foundation Inc.) offering purchase, refinance, conventional, FHA, VA, and reverse mortgage loans to individual homebuyers, homeowners, veterans, and retirees throughout California.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

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

SIC

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

akta.pro primary industry

Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA)

akta.pro secondary industries

Reverse Mortgage Brokerage & Lead Generation (FSALAIAB), Reverse Mortgage Origination (HECM & Proprietary) (FSALAIAA)

Keywords

• Residential mortgage lending
• Home purchase loans
• Mortgage refinancing services
• Government-backed home loans
• Reverse mortgage products

Headquarters

HQ city

Roseville

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 Origination Fees: Partners Mortgage earns revenue through origination fees charged to borrowers when closing a mortgage loan. These fees are typically a percentage of the loan amount and are paid at closing. The company originates various loan types including conventional, FHA, VA, and reverse mortgages.
2. Interest Income on Mortgages: As a mortgage lender/broker, Partners Mortgage earns interest income on the loans it originates and holds, or earns yield spread premium from lenders to whom it brokers loans.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Partners Mortgage is a California-based residential mortgage lender and broker that originates and funds home purchase loans and refinances for individual consumers. It offers conventional, FHA, VA, and reverse mortgage products, guiding borrowers through pre-approval, loan processing, and closing under its 'Everyone Matters' relationship-led service model. The company also operates as a CalHFA-approved lender, enabling access to state-specific California housing finance programs.

Product overview

Partners Mortgage is a mortgage lending company offering a suite of loan products including purchase mortgages, refinance options, conventional loans, FHA loans, VA loans, and reverse mortgages. The company operates as a single integrated service where loan officers guide customers through the entire mortgage process from pre-approval through closing.

Differentiator

Problem solved

Functional benefit

Products and services

• Purchase Loans Mortgage financing for homebuyers purchasing residential properties, guiding customers through pre-approval, home search, and closing. Targeted at California home buyers including first-time, move-up, and repeat buyers.
• Refinance Loans Mortgage refinancing services allowing existing homeowners to lower monthly payments, take cash out of home equity, shorten loan terms, or consolidate debt. Targeted at California homeowners with existing mortgages.
• Conventional Loans Mortgage loans not insured or guaranteed by a government agency, offered by private lenders with competitive interest rates and various term options for qualified borrowers purchasing or refinancing homes.
• FHA Loans Government-backed mortgage loans insured by the Federal Housing Administration (FHA), designed for first-time homebuyers and others with lower down payment funds and more lenient credit requirements. Down payments as low as 3.5% with mortgage insurance premium (MIP) required.
• VA Loans

Quantifiable outcome

• 50,000+ loans closed over 37+ years of operation
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Leukemia & Lymphoma Society (LLS)coreOthers · 1 January 2011Partners Mortgage CEO Dan Trinidad formed the first Partners For A Cure team in 2011, partnering with the Leukemia & Lymphoma Society for endurance fundraising events. Motivated by the loss of his wife to cancer, Dan mobilized the team to raise funds for LLS research grants. The company has since raised over $1.08 million for LLS and expanded its fundraising to include breast cancer and thyroid cancer research.
• CalHFA (California Housing Finance Agency)coreStrategic or Co-development PartnerPartners Mortgage is designated as a 'CalHFA Approved Lender,' enabling it to offer California-specific home loan programs through the CalHFA financing system. This approval allows the company to provide state-backed financing options to California homebuyers.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Movement Mortgage: National retail mortgage lender with strong community-focused brand and loan officer model. Comparable to Partners Mortgage on relationship-driven retail origination, multi-product offerings, and community engagement emphasis.
• Guild Mortgage: Large US mortgage lender with deep California and Western US presence offering purchase, refinance, FHA, VA, and reverse loans. Highly comparable to Partners Mortgage in product mix and customer base, though significantly larger in scale.
• American Pacific Mortgage: California-headquartered mortgage lender with strong Western US retail presence and broker relationships. Very similar regional franchise model, product mix, and customer base to Partners Mortgage.

Broad incumbents

• Caliber Home Loans: Large US mortgage originator with retail and wholesale channels serving purchase and refinance borrowers. Comparable product mix to Partners Mortgage across conventional and government loans.
• Rocket Mortgage: Largest US retail mortgage lender and a leading direct-to-consumer digital mortgage brand. Competes with Partners Mortgage for purchase and refinance demand, particularly among digitally-engaged first-time buyers.
• NewRez (New Residential Mortgage): National mortgage servicer and originator offering purchase, refinance, and home equity products through retail and wholesale channels. Overlaps with Partners Mortgage on conventional, FHA, and VA products.
• UWM (United Wholesale Mortgage): Largest US wholesale mortgage lender serving independent broker and loan officer channels. Relevant as Partners Mortgage operates in the broker/wholesale ecosystem, and as a benchmark for wholesale platform economics.
• loanDepot: National retail and wholesale mortgage lender originating conventional, FHA, VA, and home equity loans across the US. Overlaps with Partners Mortgage on consumer purchase and refinance products but at substantially greater scale and brand reach.

Emerging players

• Better.com: Digital-first mortgage lender offering a fully online purchase and refinance experience. Represents the digitally-native competitive threat to traditional brokerages like Partners Mortgage.

Regional players

• Paramount Equity (Paramount Residential Mortgage Group): California-based retail mortgage lender focused on conventional, FHA, VA, and reverse mortgages, with similar Western US geographic concentration. Direct comparability on reverse mortgage product and regional California footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/partnersmortgag

Compliance4 records

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 Partners Mortgage