Plaza Home Mortgage

Plaza Home Mortgage

Offers wholesale and correspondent mortgage financing

Overview

Plaza Home Mortgage offers mortgage lending in the United States, with conventional fixed-rate loans, adjustable-rate mortgages, FHA loans, VA loans, home equity loans, and reverse mortgages. It operates through two channels: Wholesale, which partners with brokers and originators, and Correspondent, which provides liquidity and loan execution for banks and mortgage lenders. Revenue comes from origination and servicing fees, as well as interest, and it has reintroduced the Solutions Non-QM program for borrowers who don’t meet traditional criteria. The company focuses on two-channel operations, client education, and technology updates to improve lending processes and customer service, aiming to provide flexible loan options and efficient processing while growing its servicing portfolio.

About Plaza Home Mortgage

Simplify's Rating
Why Plaza Home Mortgage is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Real Estate

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

San Diego, California

Founded

2000

Your Connections

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Simplify's Take

What believers are saying

  • Non-QM and jumbo products widen reach beyond agency-eligible borrowers.
  • Liquidity and buy-back protection attract correspondent banks and mortgage bankers.
  • Nationwide licensing supports coast-to-coast scaling across 50 states and D.C.

What critics are saying

  • February 2026 breach exposed SSNs, IDs, and loan data for 137,976 people.
  • Class actions and state investigations will drive legal costs and management distraction.
  • A trust hit in wholesale lending can shift broker and correspondent volume elsewhere.

What makes Plaza Home Mortgage unique

  • Wholesale and correspondent channels give Plaza dual distribution leverage.
  • BREEZE and PULSE streamline loan origination and correspondent submission.
  • Licensed nationwide, it offers conventional, FHA, VA, USDA, Non-QM, reverse loans.

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Benefits

Hybrid Work Options

Company News

Cision
Nov 27th, 2023
The National Association Of Mortgage Brokers Announces Its Inaugural Corporate Board Of Governors

Newly appointed board will support NAMB's many initiatives including events and educational opportunitiesWASHINGTON, Nov. 27, 2023 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers (NAMB), the voice of the mortgage industry representing the interests of mortgage professionals and home buyers for the past 50-years, is delighted to announce its inaugural corporate board of governors.The members of NAMB's inaugural corporate board of governors will have many duties including:Promote NAMB's initiatives including, but not limited to, calls to action, events, and educational opportunities.Advise NAMB on opportunities regarding national and state outreach programs.Advise NAMB on national and state housing policy issues that are relevant to NAMB's mission and its membership.Discuss and advise NAMB on national and state market conditions and opportunities for its members and partners.The new board will begin meeting in early 2024 and meetings will be held in conjunction with NAMB Focus, NAMB's Legislative and Regulatory Conference and NAMB National. The corporate board of governors is comprised of representatives from NAMB's industry partners, sponsors, and corporate supporters.NAMB's corporate board of governors are:Allen Middleman, Freedom Mortgage (Chair)"The wholesale mortgage industry needs to work cooperatively and NAMB is the organization to foster those relationships," said Allen Middleman, Senior Vice President at Freedom Mortgage. "I'm honored to be named the chairperson of NAMB's first corporate board of governors. We have a lot to do including facilitate lender and vendor training in support of the mortgage professional. I look forward to working with the other board members to expand NAMB's impact across the country."Jeff Leinan , Plaza Home Mortgage"NAMB's launch of its inaugural corporate board of governors is an important initiative as it will help shape the work NAMB does to increase the viability of the American mortgage industry," said Jeff Leinan, Co-President

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