Home Point Financial

Stonegate Direct is a non-bank mortgage company headquartered in Indianapolis, Indiana, specializing in the origination, financing, and servicing of residential mortgage loans across the United States. The company operates through three main segments: Originations, Servicing, and Financing. In the Originations segment, Stonegate Direct provides a variety of mortgage products, including government loans, prime conforming and non-conforming loans, and non-agency loans, using correspondent, wholesale, and retail channels. The Servicing segment manages loan administration and collections, ensuring the proper handling of payments and customer inquiries, while also offering support for delinquent borrowers and overseeing foreclosures. The Financing segment supplies warehouse financing services to correspondent clients. With operations in 20 states and multiple retail offices, Stonegate Direct has originated over $1.8 billion in residential mortgages since its founding in 2005 and currently manages a significant servicing portfolio.