Castor Financial Inc.

What Castor Financial Inc. does

Castor Financial Inc. is a privately held wholesale non-qualified mortgage (non-QM) lender operating as the wholesale division of West One Capital Group Inc., a California-based holding company. The company originates non-QM mortgages exclusively through licensed mortgage brokers, targeting borrowers with non-traditional income structures (self-employed, real estate investors, and individuals with recent credit events) who do not qualify under conventional agency guidelines. Castor Financial is licensed to lend in seven U.S. states — Arizona, California, Colorado, Florida, Nevada, Tennessee, and Texas — and is headquartered in Newport Beach, California (NMLS ID 982017).

The company's product suite comprises four loan programs: PRIME (non-QM up to $2.5M), PRIME PLUS (enhanced high-value lending up to $4M with 36-month asset depletion and stackable income), EXPANDED (borrowers with recent credit events, FICO floor of 620, 48-month seasoning), and EQUITY (non-QM second-lien home equity loans up to $1M). Supporting these programs are three broker-facing technology tools: Pollux, an eligibility intelligence engine that calculates business bank statement income and asset depletion; Quick Pricer, an instant rate and pricing tool producing a three-option scenario output; and a Broker Portal built on the Encompass TPO Connect platform for loan submission, file upload, status tracking, and credit reissue. The proprietary technology is described as differentiating on ease of use, speed, and integration rather than on novel AI/ML capability.

Castor Financial's revenue model combines loan origination transaction fees with interest income on originated mortgages (held on balance sheet or sold to investors). The company generates demand through a broker-centric GTM motion — LinkedIn presence, daily rate-update email newsletter, website-based tools, and inside sales support (phone: 833-592-2482, schedule-demo functionality). The firm operates with a lean team of approximately six employees, is independently capitalized through its parent entity (no disclosed venture or private equity backing), and was founded by veterans of the mortgage industry.

Name

Castor Financial Inc.

Legal name

Castor Financial Inc.

Website

https://castorloans.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Castor Financial Inc. is a wholesale non-QM mortgage lender serving licensed mortgage brokers across seven U.S. states, offering alternative-documentation loan programs (PRIME, PRIME PLUS, EXPANDED, EQUITY) supported by broker-facing tools including Pollux, Quick Pricer, and a Broker Portal.

Ownership category

akta.pro rank

Product category

Non-QM Mortgage Lending

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Jumbo & Portfolio Wholesale Lending (FSALACAF)

Keywords

• Non-QM mortgage lending
• Wholesale mortgage lending
• Alternative documentation loans
• Broker lending platform
• Non-qualified mortgage programs

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Loan Origination - Transaction Fees: As a wholesale non-QM lender, Castor Financial generates revenue through loan origination fees charged on funded loans. The company originates mortgages for mortgage brokers, earning fees per closed transaction.
2. Interest Income from Lending: Revenue generated from the interest spread on originated non-QM mortgages held on balance sheet or sold to investors.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Castor Financial Inc. is a wholesale non-QM mortgage lender that originates non-qualified mortgage loans exclusively through licensed mortgage brokers. The company offers four loan programs—PRIME, PRIME PLUS, EXPANDED, and EQUITY—ranging from $1M to $4M in loan size, and equips brokers with proprietary tools (Pollux eligibility intelligence, Quick Pricer instant pricing, and a Broker Portal) to streamline submission and qualification for borrowers with non-traditional income documentation.

Product overview

Castor Financial Inc. operates as a Non-QM (non-qualified mortgage) wholesale lending platform designed for mortgage brokers. The company offers four distinct loan programs: PRIME (standard Non-QM up to $3M), PRIME PLUS (enhanced high-value lending up to $4M with asset depletion), EXPANDED (for borrowers with recent credit events down to 620 FICO), and EQUITY (second lien home equity financing up to $1M). These loan products are supported by three broker-facing technology tools: Pollux (eligibility intelligence and scenario assessment), Quick Pricer (instant rate pricing), and a Broker Portal for loan submission and tracking. The platform focuses on alternative documentation methods including bank statements, asset depletion, and DSCR for investment properties, targeting borrowers with non-traditional income structures.

Differentiator

Problem solved

Functional benefit

Brands

• Pollux: Eligibility intelligence tool that calculates business bank statement income and asset depletion, helping brokers assess borrower eligibility.
• Quick Pricer

Products and services

• PRIME Loan Program

Quantifiable outcome

• Loan funding completed in 13 days for No Income-NO DTI scenario with only asset verification
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• West One Capital Group Inc.coreOthersCastor Financial Inc. operates as the wholesale division of West One Capital Group Inc. West One Capital Group is the parent company, with Castor serving as the branded wholesale lending arm. Both entities share the same NMLS ID (982017) and are headquartered in Newport Beach, CA. Castor Financial Inc. is located at 100 Bayview Circle #4100 while West One Capital Group Inc. is at 1201 Dove St, Suite 580, Newport Beach, CA 92660.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Newfi Wholesale: Newfi operates a non-QM wholesale lending platform serving mortgage brokers with alt-doc, DSCR, and bank statement programs — directly competing with Castor's wholesale broker distribution and similar product feature set.
• Athas Capital Group: Athas Capital Group is a wholesale non-QM lender specializing in non-owner-occupied and investor loans including DSCR products — directly comparable to Castor's investor-focused EQUITY and PRIME PLUS programs.
• Angel Oak Mortgage Solutions: Angel Oak Mortgage Solutions is a non-QM wholesale lender offering products for self-employed borrowers, investors, and those with non-traditional income — directly comparable to Castor's wholesale non-QM model with broker-facing tools.
• Deephaven Mortgage: Deephaven Mortgage is a non-QM wholesale lender offering jumbo, bank statement, asset depletion, and DSCR products through a broker channel — directly comparable to Castor's wholesale origination model and product breadth.
• HomeXpress Mortgage: HomeXpress Mortgage is a wholesale non-QM lender providing bank statement, asset depletion, and DSCR products to brokers — overlapping Castor's PRIME, PRIME PLUS, and EQUITY programs on alternative income documentation.
• Sprout Mortgage: Sprout Mortgage is a non-QM wholesale lender offering alt-doc, bank statement, and DSCR programs to mortgage brokers — directly competing with Castor's broker-only distribution and similar alternative documentation features.
• Verus Mortgage Capital: Verus Mortgage Capital is a non-QM wholesale lender focused on business-purpose and non-owner-occupied loans, including DSCR programs — closely matching Castor's PRIME PLUS and EQUITY product lines targeting real estate investors.
• Loan Stream Mortgage: Loan Stream Mortgage is a wholesale non-QM lender focused on bank statement, asset utilization, and DSCR loans delivered through broker partners — directly comparable to Castor's wholesale non-QM platform.
• Carrington Mortgage Holdings: Carrington operates a wholesale division offering non-QM and government products to brokers with flexible documentation for self-employed and credit-challenged borrowers — directly comparable to Castor's wholesale non-QM product suite.

Broad incumbents

• Caliber Home Loans: Caliber Home Loans is a large, established mortgage lender with a wholesale division offering non-QM products among a broader portfolio — comparable to Castor as a competitor in wholesale non-QM but operating at significantly greater scale and product breadth.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat4 records

Key risks3 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/castor-financial

Compliance1 record

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 Castor Financial Inc.