Homeside Financial NMLS #1124061
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At a glance
- Size17,905 home loans closed in 2025
- Loan typesConventional, FHA and VA
2025 figures are for LOWER, LLC's filing.
What it closes
Share of its 2025 home loans: 63% Conventional, 26% FHA, 10% VA and 1% Other types.
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Who is Homeside Financial?
Homeside Financial is a brand of Lower (NMLS #1124061), which is a lender listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Key Facts
- Lender or brokerHomeside Financial
- Brand ofLower, NMLS #1124061
- NMLS #1124061
- Profile updated
Compare current mortgage rates · Mortgage calculator · All lender profiles
About Homeside Financial
Overview
Lower offers mortgages for buying a home and refinancing, along with cash-out and HELOC options. Borrowers can work with the company through its branch network, and its mortgage menu includes FHA, VA and jumbo loan options.
Mortgage options
Lower offers home purchase loans, refinances, cash-out refinances, HELOCs and home equity loans. Its mortgage products include conventional loans, adjustable-rate mortgages, FHA loans, VA loans and jumbo loans. It works with veterans and military borrowers and with homeowners refinancing FHA loans.
In 2025 it made conventional, FHA, VA and USDA loans. Its loans that year were for home purchases, refinances and cash-out refinances.
Locations
Lower has 259 branches in 36 states.
Company details and licensing
Lower, LLC is a Maryland limited liability company headquartered in Columbia, Maryland, and formed on September 13, 2013. It also uses trade names including Lower Mortgage, Homeside Financial and Oxford Home Lending.
Its NMLS company ID is 1124061. Lower is licensed in Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, the District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, West Virginia and Wyoming.
Verify NMLS #1124061 on NMLS Consumer Access
Sources
Sources last checked . These are the outside records this profile was written from. FreeRateUpdate is not affiliated with them, and they have not reviewed, endorsed, or approved FreeRateUpdate or this page.
Formation date and trade names come from NMLS registry records. FreeRateUpdate is not affiliated with NMLS, and NMLS has not reviewed, endorsed, or approved FreeRateUpdate or this page.
Additional information
Reported application outcomes and pricing, 2025
- Filed asLOWER, LLC
- 2025 home loan decisionsOf 21,067 applications decided by LOWER, LLC in 2025, 17,905 were originated, 236 were approved but not accepted by the borrower, and 2,926 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 86.1%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 7,902 applications were withdrawn by the borrower, 674 were closed for incompleteness, and 0 loans were purchased from another lender. HMDA counts these as outcomes in their own right — withdrawn before a decision, closed with no decision reached, and a purchased loan is one bought from another lender — and none of them is a lending decision.
- Median rate spread0.34 percentage points above the average prime offer rate (reported on 17,231 originations, 674 reported no spread at all — a median of what was reported, not of everything originated)
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Reported closing costs, 2025
- Median total loan costs$7,739.00 — originated closed-end household loans, 2025, 16,509 of 17,109 loans. FFIEC HMDA data browser.
- Median origination charges$2,749.62 — originated closed-end household loans, 2025, 17,106 of 17,109 loans. FFIEC HMDA data browser.
- About these figuresThese are historical closing costs reported in the 2025 filing, not a quote for your loan.
Reported product mix, 2025
- Loan types11,255 Conventional, 4,731 FHA, 1,798 VA, 121 USDA — of 17,905 reported originations, 2025. FFIEC HMDA data browser.
Evidence read October 20, 2026
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for LOWER, LLC — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.
Frequently Asked Questions
What is Homeside Financial's NMLS number?
Homeside Financial's NMLS number is 1124061. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Where can I learn more about Homeside Financial?
This page has Homeside Financial's NMLS registration and company facts, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.