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Focus

10 Mile Capital is a U.S. based specialty finance company. We provide capital to build and grow great mortgage banks.

We are not an investment bank or a broker. We do not seek control or ownership of the companies that we finance. 

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Market

There are more than 500 independent mortgage banks in the United States.

In 2013 they loaned more than $400 billion to homeowners (25% of the market), created mortgage servicing rights worth more than $4 billion, and generated more than $2 billion of net income.

 

 

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Capital 

 Qualified mortgage banks can receive up to $10 million of non-dilutive capital to:

  • Acquire origination capacity
  • Open new channels
  • Retain servicing
  • Pursue other business expansion opportunities

Contact us if you are an independent mortgage bank seeking a long term capital partner.