Washington Mortgage Group

What Washington Mortgage Group does

Washington Mortgage Group is a private residential mortgage brokerage founded in 2005 and headquartered in Annandale, Virginia. The firm is licensed under NMLS 210550 and operates in Virginia and Maryland, with digital and SEO presence extending into Southern California markets including the firm's named Northern Virginia service areas of Fairfax, Alexandria, and Annandale. It is led by Yama Azami in the role of President and Mortgage Broker, with a staff size reported in the 11–50 employee range.

The company's product surface is a broad suite of residential loan programs, including FHA, VA, USDA, conventional fixed-rate, adjustable-rate, jumbo, reverse mortgage, and refinancing options for both rate-and-term and cash-out transactions. Distribution is direct-to-consumer via the company's website, phone-based loan officer engagement, and city-specific SEO landing pages rather than through wholesale or institutional channels. Underlying technology is conventional mortgage origination and processing tooling compliant with NMLS and state regulatory requirements, with no disclosed proprietary platforms or AI-driven capabilities.

The business model is transaction-based: revenue is generated from loan origination fees on closed purchase and refinance transactions, which subjects earnings to cyclical sensitivity to mortgage rates and housing turnover. No funding rounds, acquisitions, partnerships, or institutional backing are disclosed in the available data, consistent with a privately held, owner-operated small brokerage.

Name

Washington Mortgage Group

Legal name

Washington Mortgage Group Inc

Website

https://washingtonmg.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Washington Mortgage Group is a private residential mortgage brokerage licensed under NMLS 210550, originating FHA, VA, USDA, conventional, jumbo, and refinance loans for individual homebuyers and refinancers across Northern Virginia and Southern California.

Ownership category

akta.pro rank

Product category

Mortgage Lending / Mortgage Brokerage

NAICS

Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Loan Brokers (6163)

akta.pro primary industry

Retail Residential Mortgage Brokers (Purchase & Refinance) (FSALABAA)

akta.pro secondary industries

Government-Insured Mortgage Origination (FHA/VA/USDA) (FSALAAAI), Reverse Mortgage Origination (HECM & Proprietary) (FSALAIAA)

Keywords

• Mortgage brokerage services
• Home loan origination
• Mortgage refinancing services
• FHA loan programs
• VA home loans

Headquarters

HQ city

Annandale

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, Others

Revenue model

1. Loan Origination Fees: Washington Mortgage Group generates revenue through originating mortgage loans for home purchases and refinances. As a licensed mortgage broker (NMLS: 210550), the company earns fees from lenders for originating loans including FHA loans, conventional mortgages, VA loans, and refinance transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Washington Mortgage Group is a licensed mortgage brokerage (NMLS: 210550) that originates home purchase and refinance mortgage loans for individual consumers across Northern Virginia (Fairfax, Alexandria, Annandale) and Southern California. The firm offers a broad suite of loan programs including FHA, VA, USDA, conventional fixed-rate, adjustable-rate, hybrid ARMs, jumbo, reverse, interest-only, balloon, graduated payment, and HARP 2.0 refinance loans, supported by mortgage calculators, pre-qualification, pre-approval, and full application processing services.

Product overview

Washington Mortgage Group is a mortgage lending company offering a comprehensive suite of loan products and financial services. The core offering includes various mortgage financing options: government-backed loans (FHA, VA, USDA), conventional loans (fixed-rate and adjustable-rate mortgages), and specialty products (jumbo loans, reverse mortgages, interest-only mortgages). The company also provides refinancing services, home equity products, and mortgage insurance (PMI). Related services include home purchase financing, debt consolidation, and online mortgage calculators. The portfolio is organized around loan programs for different borrower profiles (first-time buyers, veterans, rural borrowers) combined with refinance and purchase services supported by educational resources.

Differentiator

Problem solved

Functional benefit

Products and services

• FHA Loans Federal Housing Administration insured mortgage loans allowing buyers to purchase homes with as little as 3.5% down, designed for first-time homebuyers and those who may not qualify for conventional financing.
• VA Loans Veterans Administration guaranteed home loans offering 100% financing with no down payment, no PMI, competitive interest rates, and flexible qualification requirements for eligible veterans and service members.
• USDA Loans Zero down payment mortgages designed for low-income Americans in designated rural and suburban areas who don't qualify for traditional financing due to credit limitations.
• Fixed Rate Mortgages Traditional mortgage with monthly principal and interest payments that remain constant throughout the loan term, available in terms ranging from 10 to 30 years.
• Adjustable Rate Mortgages (ARM) Mortgages with interest rates that vary during the loan term, featuring an initial fixed period followed by periodic adjustments based on market conditions and various indexes.
• Hybrid ARMs Fixed-period ARMs combining features of fixed-rate and adjustable-rate mortgages, starting with a fixed rate for 3, 5, 7, or 10 years before converting to an adjustable rate for the remaining loan term.
• Jumbo Loans Non-conforming conventional mortgages used to finance properties exceeding the conforming loan limit, considered higher risk for lenders without Fannie Mae or Freddie Mac guarantees.
• Reverse Mortgages Home equity loans allowing homeowners to convert existing equity into cash while retaining property ownership, with funds paid to homeowners rather than the reverse.
• Interest Only Mortgages Mortgages allowing monthly payments covering only interest for a specified period, after which payments increase to include principal repayment.
• Balloon Mortgages Mortgages with fixed interest rates for an initial term, after which the remaining principal balance becomes due, allowing borrowers to refinance or pay off the balance.
• Graduated Payment Mortgages Mortgages with payments that increase each year for a predetermined period before becoming fixed, designed to help borrowers qualify when interest rates are high.
• HARP 2.0 Refinance Home Affordable Refinance Program for underwater homeowners owing more on their mortgage than their home is worth, requiring no down payment and competitive terms.
• Home Refinance Refinancing services to help homeowners obtain lower rates, change loan terms, access equity, or consolidate debt, including low rate refinance, no cost refinance, cash-out refinance, rate/term refinance, and FHA streamline refinance.
• Home Purchase Home purchase mortgage financing services including pre-qualification, pre-approval, and access to various loan programs for first-time and repeat buyers.
• Private Mortgage Insurance (PMI) Insurance protecting lenders against default on conventional mortgages when down payment is less than 20%, with costs ranging from 0.2% to 2% of loan amount annually.

Named customers7 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

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• NewRez: National mortgage lender and servicer offering FHA, VA, conventional, and jumbo products. Directly comparable as a multi-channel retail mortgage originator with similar product breadth to Washington Mortgage Group, though at substantially larger scale.
• Caliber Home Loans: Large retail and correspondent mortgage lender offering purchase, refinance, and specialty products including FHA, VA, and non-QM. Directly comparable to WMG in product breadth and multi-channel retail distribution.
• Homebridge Financial Services: Large retail and wholesale mortgage lender with FHA, VA, conventional, and non-QM products. Comparable to WMG in product breadth and broker/retail hybrid orientation across multiple states.
• Cardinal Financial: Mid-size retail mortgage lender offering FHA, VA, USDA, conventional, and refinance products. Comparable to WMG in product mix and customer segments, with multi-state retail operations across the Mid-Atlantic and beyond.
• Guaranteed Rate: Large retail mortgage lender offering a full suite of purchase and refinance products including FHA, VA, and jumbo. Comparable product mix to WMG with strong digital channel investment; meaningfully larger scale and brand.
• Movement Mortgage: Retail mortgage lender with a relationship-driven model and broad loan program coverage. Comparable to WMG as a purchase-and-refinance originator with a focus on personal loan officer service, though operating at materially larger national scale.
• Embrace Home Loans: Mid-Atlantic-headquartered retail mortgage lender offering FHA, VA, USDA, and conventional products. Closely comparable to WMG in regional footprint, product set, and customer focus on purchase and refinance.
• First Heritage Mortgage: Mid-size retail mortgage lender serving the Mid-Atlantic and Southeast with FHA, VA, conventional, and refinance products. Highly comparable to WMG in size, product offering, and regional concentration.

Broad incumbents

• Rocket Mortgage: Largest U.S. retail mortgage lender offering the full spectrum of purchase and refinance products through digital and phone channels. Broader incumbent competitor that competes with WMG on convenience, brand, and rate competitiveness rather than service depth.
• loanDepot: National retail and wholesale mortgage lender with comprehensive FHA, VA, conventional, and refinance offerings. Broad incumbent competitor to WMG with significant technology investment and brand recognition.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/washington-mortgage-group

Compliance2 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 Washington Mortgage Group