Click n' Close, Inc

What Click n' Close, Inc does

Click n' Close, Inc. is a privately held, multi-state U.S. mortgage lender operating since 1959 under various names and rebranded to its current identity on June 27, 2022. Headquartered in Addison, Texas, and incorporated in Ohio with approximately 336 employees, the company originates conventional, FHA, VA, USDA, reverse, and HUD Section 184 loans through three distribution channels: retail/direct lending, wholesale lending to third-party originators (TPOs), and correspondent lending. Revenue is generated primarily through origination transaction fees on funded loans, recurring loan-servicing fees (servicing is performed in-house rather than sold off), and ancillary title and settlement services provided through its Click n' Close Title subsidiary.

Under founder and CEO Jeff Bode, the company built a proprietary loan origination system (LOS) that supports fully electronic mortgage processing, including eClosing, eNotes, digital credit review, remote online notarization (approved in 46 states), and direct import of bank and employment data. These automations are reported to compress closing to roughly 30 minutes and save hundreds of dollars per loan file. The company sells into secondary markets via direct approved-seller/servicer relationships with Fannie Mae, Freddie Mac, Ginnie Mae, and private investors, which underwrite both conventional agency production and specialized programs.

Differentiated product offerings include SmartBuy™ (repayable rate buydown), SmartAssumption Second Mortgage™ (assumption of existing low-rate mortgages with a blended second mortgage), One-Time Close construction-to-permanent loans, reverse mortgages, and HUD Section 184 lending through the 1st Tribal Lending affiliate. Customer acquisition spans direct-to-consumer via the clicknclose.com and mm.mmachine.net portals and a phone center, plus broker and correspondent relationships supported by Mortgage Machine™ and dedicated wholesale/correspondent portals; downstream, in-house servicing is exposed to borrowers through the Sagent-powered CARE portal.

Name

Click n' Close, Inc

Legal name

Click n' Close, Inc.

Website

https://clicknclose.com

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

251–500 employees

Short description

Click n' Close, Inc. is a privately held, multi-state U.S. mortgage lender originating and servicing conventional, government, reverse, and specialized loans through retail, wholesale (TPO), and correspondent channels, using a proprietary LOS and eClosing platform with direct agency investor access.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Real Estate Credit (522292), Mortgage and Nonmortgage Loan Brokers (52231), Title Abstract and Settlement Offices (541191)

SIC

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

akta.pro primary industry

Document Collection, eClose & eSignature (Mortgage Closing Tech) (FSALALAE)

akta.pro secondary industries

Reverse Mortgage Brokerage & Lead Generation (FSALAIAB), Title, Settlement & Closing Services Technology (FSALALAK)

Keywords

• Mortgage origination
• Wholesale lending
• Correspondent lending
• Loan servicing
• Mortgage technology

Headquarters

HQ city

Addison

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Origination: Revenue generated from originating mortgage loans including conventional, FHA, VA, and specialized loan programs. The company earns origination fees and gains access to the secondary mortgage market through relationships with Fannie Mae, Freddie Mac, and Ginnie Mae.
2. Loan Servicing: In-house loan servicing provides revenue from servicing fees over the life of the loan while offering wholesale and correspondent partners certainty regarding loan salability and superior borrower service.
3. Title Services: Title and settlement services through Click n' Close Title, LLC subsidiary, providing integrated mortgage closing services.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Click n' Close, Inc. is a multi-state mortgage lender that originates and services conventional, FHA, VA, reverse, and specialized mortgage loan programs (SmartBuy, SmartAssumption, One-Time Close, Section 184) through three distribution channels: direct-to-consumer retail lending, wholesale lending to third-party originators, and correspondent lending. The company also provides title and settlement services through its Click n' Close Title affiliate and operates the Mortgage Machine broker technology platform with proprietary eClosing, eNotes, and remote online notarization capabilities.

Product overview

Click n' Close, Inc. operates as a multi-state mortgage lender offering a diversified portfolio of mortgage products through retail, wholesale, and correspondent channels. The company's core offerings include SmartBuy™ (interest rate buydown program), One-Time Close (construction-to-permanent loans combining land, construction, and permanent financing), and SmartAssumption Second Mortgage™ (mortgage assumption program enabling buyers to assume existing mortgages at lower rates). The company differentiates through technology leadership in eClosing and Remote Notary services, supported by the Mortgage Machine™ platform. Additional products include reverse mortgages, Section 184 Native American loans, and title services through its Click n' Close Title affiliate. The company services loans in-house through its CARE borrower portal, maintaining direct relationships with investors including Fannie Mae, Freddie Mac, and Ginnie Mae.

Differentiator

Problem solved

Functional benefit

Brands

• SmartBuy™: A repayable program that allows borrowers to buy down their interest rate immediately, guaranteeing a lower rate, with the buydown cost repaid later.
• One-Time Close
• SmartAssumption Second Mortgage™
• 1st Tribal Lending
• Click n' Close Title

Products and services

• SmartBuy™ Repayable interest rate buydown program allowing borrowers to reduce their mortgage interest rate immediately and repay the buydown cost over the life of the loan.
• One-Time Close (OTC) Construction-to-permanent loan product that combines land acquisition, construction, and permanent mortgage financing into one closing.
• SmartAssumption Second Mortgage™ Mortgage assumption program that lets sellers exit existing mortgages and lets buyers assume those mortgages at the seller's lower blended interest rate, with a second mortgage covering any equity gap.
• Mortgage Machine™ Broker-centric mortgage technology platform built by brokers for brokers that consolidates complex mortgage operations using workflow automation, compliance assurance, and AI.
• Section 184 Native American Loan Program HUD Section 184 Indian Home Loan Guarantee Program mortgage product for Native American borrowers purchasing or refinancing homes on tribal lands, delivered through the 1st Tribal Lending sub-brand.
• Reverse Mortgage Reverse mortgage programs for eligible senior borrowers, originated and serviced directly by Click n' Close.
• Click n' Close Title Title insurance and settlement services offered through the Click n' Close Title, LLC and Click n' Close Title of Virginia, LLC subsidiaries for integrated mortgage closings.

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• SagentcoreTechnology or IntegrationSagent provides loan servicing platform (CARE portal) and borrower management systems for Click n' Close. CARE portal enables borrowers to view loan status, make payments, access statements, and manage accounts online.
• Click n' Close Title, LLCcoreOthersAffiliate company providing title and settlement services. Also includes Click n' Close Title of Virginia, LLC. Enables integrated mortgage closing services for borrowers.
• 1st Tribal LendingcoreOthersAffiliate brand specializing in Native American Section 184 loans and HUD programs for tribal communities. Offers refinance and purchase options for Native American borrowers.
• Schmidt Mortgage CompanycoreOthersAffiliate brand operating under Click n' Close, Inc. dba Schmidt Mortgage Company. Part of branded portfolio of mortgage lending brands.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• NewRez: Multi-channel mortgage originator and servicer (retail, wholesale, correspondent) with GSE seller/servicer status and in-house servicing. Comparable to Click n' Close in channel mix and product portfolio.
• Homepoint: Wholesale and correspondent mortgage lender (now under Rocket ownership) that competed directly with Click n' Close in the TPO channel with similar GSE-approved product suites.
• United Wholesale Mortgage: Largest U.S. wholesale mortgage lender serving third-party originators with proprietary technology (BOLT) and broad loan programs. Closest peer on the wholesale/TPO channel Click n' Close emphasizes.
• Fairway Independent Mortgage: Retail and wholesale mortgage lender with broad conventional and government loan offerings. Comparable in scale and multi-channel distribution approach.
• Finance of America Reverse: Reverse mortgage specialist lender offering HECM products directly to consumers and through partners. Most directly comparable peer on the reverse mortgage product line.
• Rocket Mortgage: Largest U.S. retail mortgage lender operating direct-to-consumer and wholesale channels with proprietary technology and integrated servicing. Direct peer across origination, eClosing, and multi-channel distribution.
• loanDepot: Multi-channel mortgage lender (retail, wholesale, correspondent, servicing) with the mello platform. Closely comparable to Click n' Close across channels and product breadth.
• Plaza Home Mortgage: Wholesale and correspondent mortgage lender with broad product menu and digital workflow emphasis. Comparable peer in the TPO ecosystem Click n' Close serves.
• Planet Home Lending: Multi-channel mortgage lender (retail, wholesale, correspondent) with strong correspondent platform and in-house servicing. Closely comparable across channels and operational scale.
• Guild Mortgage: Mid-sized retail-focused mortgage lender with growing wholesale channel and in-house servicing. Comparable in scale, GSE relationships, and channel mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/click-n-close-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

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 Click n' Close, Inc