homesource mortgage

What homesource mortgage does

HomeSource Mortgage is a privately held retail mortgage lender based in Corpus Christi, Texas, serving the Coastal Bend region. Founded in April 2015 by Claudia Mostaghasi, who brings 30 years of combined banking and mortgage experience, the company originates residential mortgage loans including Conventional, FHA, VA, USDA, Jumbo, and specialty programs for self-employed borrowers, foreign nationals, and non-warrantable condominiums. The company operates as a doing-business-as of Legacy Mutual Mortgage (institutional NMLS #278675), itself a division of Gardner Financial Services, Ltd., which provides the regulated lending infrastructure.

The technology stack is built on third-party industry tools rather than proprietary infrastructure: the Floify online application platform for prequalification and full applications, the MortgageMapp mobile application for daily rate access and calculators, and a JavaScript-based payment calculator on the company website. No API, SDK, or AI/ML capabilities are disclosed. Distribution combines a sales-led model centered on Claudia Mostaghasi as primary loan officer with a referral-driven channel through local realtors, builders, title companies, and insurance agents, supplemented by community-marketing initiatives (school supply drives, Coastal Bend Food Bank, homebuyer seminars) that build local brand trust.

Revenue is generated through transaction fees on loan originations and refinancings, with rates quoted individually rather than published. The team is small (approximately six named individuals including Claudia, Katherine, Christine, Daniella, Lucy, and Moses Mostaghasi), and the company reports having helped 300 families in a single year through referrals and community partnerships. Operating margin structure is consistent with a lean retail mortgage shop reliant on personal service differentiation rather than scale economics.

Name

homesource mortgage

Legal name

HomeSource Mortgage, dba of Legacy Mutual Mortgage

Website

https://closedwithclaudia.com

Company type

Private

Founded year

2015

Operating status

Operating

Short description

HomeSource Mortgage is a privately held retail mortgage lender in Corpus Christi, Texas, originating Conventional, FHA, VA, USDA, Jumbo, and specialty home loans for individual buyers and refinancers in the Coastal Bend region, operating as a dba of Legacy Mutual Mortgage under Gardner Financial Services.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Real Estate Credit (522292)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

First-Time Homebuyer (FTHB) Mortgage Origination (FSALAAAG)

akta.pro secondary industries

Purchase Mortgage Origination (Homebuyer Focused) (FSALAAAD), Government-Insured Mortgage Origination (FHA/VA/USDA) (FSALAAAI), Cash-Out Refinance Origination (FSALAAAF)

Keywords

• Mortgage lending services
• Home loan origination
• Mortgage refinancing
• Residential loan programs
• First-time homebuyer loans

Headquarters

HQ city

Corpus Christi

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: Origination fees and interest income from new home purchase loans. Revenue generated through closing costs and loan interest rates on originated mortgages.
2. Refinancing: Revenue from refinancing existing home loans, including potential rate/term refinances and cash-out refinances.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

HomeSource Mortgage originates residential home purchase and refinance loans for consumers in the Corpus Christi and Coastal Bend region of Texas. Its product menu includes Conventional, FHA, VA, USDA, Jumbo, HomeReady/HomePossible, Bank Statement, Asset Depletion, Foreign National, Non-Warrantable Condo, Down Payment Assistance, and Mortgage Credit Certificate programs. Loans are underwritten and closed through Legacy Mutual Mortgage (NMLS #278675), a division of Gardner Financial Services, Ltd.

Product overview

HomeSource Mortgage is a mortgage lending company operating as a division of Gardner Financial Services (dba Legacy Mutual Mortgage, NMLS #278675). The company offers a comprehensive suite of mortgage products including Conventional, FHA, VA, USDA, and Jumbo loans, along with specialized programs for self-employed borrowers, foreign nationals, and non-warrantable condos. Additional offerings include down payment assistance programs, Mortgage Credit Certificates, and a mobile app (MortgageMapp) for rate tracking. The product portfolio centers around the core lending platform with various loan program modules designed to serve first-time homebuyers, veterans, and investors.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Pre-approval to closing in under 30 days
• +2 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered minor and core.

• MPM HomesminorStrategic or Co-development Partner · 1 January 2020Community partnership with MPM Homes for charitable giving. Moses Mostaghasi and Claudia Mostaghasi from HomeSource Mortgage together with MPM Homes donated school supplies to George Evans Elementary School and masks to Mary Helen Berlanga Elementary School.
• Legacy Mutual MortgagecoreOEM/ Whitelabel/ Licensing PartnerHomeSource Mortgage operates as a dba (doing business as) of Legacy Mutual Mortgage, a licensed mortgage lender. This is the primary legal entity through which HomeSource Mortgage conducts its lending operations.
• Gardner Financial Services, Ltd.coreOEM/ Whitelabel/ Licensing PartnerLegacy Mutual Mortgage is a division of Gardner Financial Services, Ltd., the ultimate parent company of HomeSource Mortgage. Institution NMLS #: 278675.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• loanDepot: One of the largest US retail mortgage lenders, offering conventional, FHA, VA, USDA, and jumbo loans through both direct-to-consumer and partner channels. Comparable to HomeSource as a multi-product retail originator, but at vastly greater scale and with a national footprint.
• Rocket Mortgage: The largest US retail mortgage lender, offering a broad suite of conventional, government, and specialty loan products via a fully digital experience. Comparable to HomeSource in product breadth, but competing on technology, scale, and rate rather than personalized service.
• United Wholesale Mortgage (UWM): The largest US wholesale mortgage lender, serving independent broker partners. Comparable to HomeSource in its focus on the broker/partner channel model and broad product suite, but operating at national wholesale scale rather than as a small retail originator.

Direct peers

• Fairway Independent Mortgage Corporation: A large retail mortgage lender with a branch-based model emphasizing personal loan officer service and broad product offerings including government and specialty programs. Closely comparable to HomeSource in retail-origination philosophy and product breadth, with a much larger branch footprint.
• Guild Mortgage: A national retail mortgage lender offering conventional, FHA, VA, USDA, and specialty products with a strong emphasis on first-time homebuyer education and personalized service. Comparable to HomeSource in segment focus (FTHB, VA) and service-driven retail model.
• Movement Mortgage: A retail mortgage lender with a mission-driven, community-focused culture and broad product mix including specialty programs. Comparable to HomeSource in community-engagement-driven brand building and high-touch retail origination.
• Paramount Residential Mortgage Group (PRMG): A retail mortgage lender offering conventional, government, jumbo, and specialty products through a branch network with strong partner relationships. Comparable to HomeSource in retail branch model and full-suite product offering.
• NewRez (Newpoint Residential Trust): A national retail and wholesale mortgage lender providing conventional, FHA, VA, USDA, and specialty products, plus servicing. Comparable to HomeSource in retail product breadth, with greater servicing-driven diversification.
• Caliber Home Loans: A national retail mortgage lender offering a broad suite of purchase and refinance products including specialty programs for non-traditional borrowers. Comparable to HomeSource in retail-origination focus and specialty-product coverage.
• Cardinal Financial Company: A retail and wholesale mortgage lender offering conventional, government, jumbo, and specialty products with a partnership-driven distribution model. Comparable to HomeSource in product mix and partner-channel emphasis, though operating at larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/hashtag/closedwithclaudia

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 homesource mortgage