Citywide Home Loans

Sandy, United States Founded: 1998 • Age: 28 yrs Acquired By Stearns
Home loans are originated and sold by correspondent lending operations.

About Citywide Home Loans

Citywide Home Loans is a company based in Sandy (United States) founded in 1998 was acquired by Stearns in September 2018.. Citywide Home Loans offers products and services including Conventional Loans, FHA Loans, VA Loans, Jumbo Loans, and HELOC. Citywide Home Loans operates in a competitive market with competitors including Freedom Mortgage, Wintrust, Motilal Oswal Financial Services, Lendmark Financial and CrossCountry Mortgage, among others.

  • Headquarter Sandy, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Guaranteed Rate, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Stearns

    (Sep 11, 2018)

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Products & Services of Citywide Home Loans

Citywide Home Loans offers a comprehensive portfolio of products and services, including Conventional Loans, FHA Loans, VA Loans, Jumbo Loans, and HELOC. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Standard loans for purchasing or refinancing homes.

Insured options for first-time and low-income homebuyers.

Benefits for military personnel to secure home financing.

Financing for properties exceeding conventional limits.

Flexible credit line against home equity for various needs.

People of Citywide Home Loans
Headcount 1000-5000
Employee Profiles 11
Employee Profiles
People
Rebecca Clapham
VP of Administration & Branch Relations
People
Teresa Whitehead
CEO
People
Cheryl Sessions
Team Operations Manager Loan Officer NMLS 525098
People
Dawn Moses
VP Of Mortgage Operations

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Funding Insights of Citywide Home Loans

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Citywide Home Loans

Citywide Home Loans has secured backing from 1 investor. Prominent investors backing the company include Stearns. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Mortgage lending services are provided by Stearns to U.S. customers.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Citywide Home Loans

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Citywide Home Loans

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Citywide Home Loans Comparisons

Employees
+
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Competitors of Citywide Home Loans

Citywide Home Loans operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Freedom Mortgage, Wintrust, Motilal Oswal Financial Services, Lendmark Financial and CrossCountry Mortgage, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Mortgage services are provided for home purchases and refinancing options.
domain founded_year HQ Location
Bank offering diversified financial services
domain founded_year HQ Location
Diversified investment and advisory services are provided to clients.
domain founded_year HQ Location
Auto and personal loans are provided to customers nationwide.
domain founded_year HQ Location
Home loan services are provided nationwide by CrossCountry Mortgage.
domain founded_year HQ Location
Consumer loans provider
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Citywide Home Loans

Frequently Asked Questions about Citywide Home Loans

When was Citywide Home Loans founded?

Citywide Home Loans was founded in 1998.

Where is Citywide Home Loans located?

Citywide Home Loans is headquartered in Sandy, United States. It is registered at Sandy, Utah, United States.

What does Citywide Home Loans do?

Citywide Home Loans was established in 1998 and is based in Sandy, United States. Operations are conducted as a correspondent lender within the mortgage sector, where residential loans are originated for homebuyers and then sold to larger financial institutions. Services encompass various loan products, including conventional and government-backed options, with a focus on efficient processing and compliance across the U.S. market.

Who are the top competitors of Citywide Home Loans?

Citywide Home Loans's top competitors include Wintrust, Freedom Mortgage and Guild Mortgage.

What products or services does Citywide Home Loans offer?

Citywide Home Loans offers Conventional Loans, FHA Loans, VA Loans, Jumbo Loans, and HELOC.

Who are Citywide Home Loans's investors?

Citywide Home Loans has 1 investor. Key investors include Stearns.

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