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Get to know first mortgage corporation

First Mortgage Corporation was a privately held mortgage banking company founded in 1978. Headquartered in Ontario, California, the company specialized in originating, purchasing, selling, and servicing residential mortgage loans across the United States. It operated as a direct lender, offering a range of loan products including conventional, FHA, VA, and jumbo loans through a network of retail branches. In December 2014, the company and its assets were acquired by Guild Mortgage Company, and its operations were subsequently integrated. As a result, First Mortgage Corporation no longer operates as an independent entity.

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first mortgage corporation

United States

Founded in

1975 (51 Years)

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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