Compass Mortgage NMLS #21808
At a glance
- HeadquartersWarrenville, IL
- Size1,796 home loans closed in 2025
- Loan typesConventional, FHA and VA
- Licensed in14 states
- Formed in1999
2025 figures are for COMPASS MORTGAGE, INC.'s filing.
What it closes
Share of its 2025 home loans: 78% Conventional, 18% FHA, 4% VA and 0% Other types.
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Who is Compass Mortgage?
Compass Mortgage (NMLS #21808) is a lender listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Is Compass Mortgage legit?
Here's what public licensing records show. Compass Mortgage holds mortgage licenses in 14 states, including Arizona, Arkansas, California, District of Columbia, Maryland (NMLS ID #21808, per NMLS records as of October 1, 2026). FreeRateUpdate publishes a Score built from public data and our own records. It does not endorse or vouch for any lender. You can confirm any lender's license yourself at nmlsconsumeraccess.org.
Key Facts
- Lender or brokerCompass Mortgage
- NMLS #21808
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- In the FreeRateUpdate network since
- Profile updated
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About Compass Mortgage
Overview
Compass Mortgage is a mortgage lender for borrowers buying a home or refinancing an existing mortgage. One named part of its homebuying process is Get Committed®, a loan-commitment option for buyers before they make an offer.
Mortgage options
Mortgage options include conventional loans, FHA loans, VA loans, USDA loans, doctor loans, investment loans, construction loans, reverse mortgages, home equity loans, and home equity lines of credit. Refinance options include rate-and-term refinance and cash-out refinance.
How it works
Borrowers can start with either a purchase or refinance path and can work with a loan officer. For home purchases, the Get Committed® process starts with a loan commitment before the borrower shops for a home.
Locations
Compass Mortgage has 20 branches in Arizona, Florida, Iowa, Illinois, Kentucky, Minnesota, Missouri, South Carolina, Tennessee, and Wisconsin.
Company details and licensing
The legal entity is Compass Mortgage, Inc., an Illinois corporation formed on October 28, 1999. Its headquarters are at 27755 Diehl Road, Suite 350, in Warrenville, Illinois.
Supported trade names include Compass Mortgage Lending, Inc. and Compmort Mortgage, Inc. The company’s NMLS ID is 21808. Licensing is verifiable through NMLS Consumer Access.
Verify NMLS #21808 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 asCOMPASS MORTGAGE, INC.
- 2025 home loan decisionsOf 1,849 applications decided by COMPASS MORTGAGE, INC. in 2025, 1,796 were originated, 9 were approved but not accepted by the borrower, and 44 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 97.6%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 210 applications were withdrawn by the borrower, 110 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 spread0.406 percentage points above the average prime offer rate (reported on 1,720 originations, 76 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$6,171.90 — originated closed-end household loans, 2025, 1,779 of 1,794 loans. FFIEC HMDA data browser.
- Median origination charges$1,499.00 — originated closed-end household loans, 2025, 1,794 loans. FFIEC HMDA data browser.
- Median lender credits$137.88 — originated closed-end household loans, 2025, 1,194 of 1,794 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 types1,402 Conventional, 316 FHA, 71 VA, 7 USDA — of 1,796 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 COMPASS MORTGAGE, INC. — 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
Is Compass Mortgage legit?
Here's what public licensing records show. Compass Mortgage holds mortgage licenses in 14 states, including Arizona, Arkansas, California, District of Columbia, Maryland (NMLS ID #21808, per NMLS records as of October 1, 2026). FreeRateUpdate publishes a Score built from public data and our own records. It does not endorse or vouch for any lender. You can confirm any lender's license yourself at nmlsconsumeraccess.org.
What is Compass Mortgage's NMLS number?
Compass Mortgage's NMLS number is 21808. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified Compass Mortgage's NMLS ID?
Yes. We checked Compass Mortgage's company name and NMLS ID against the NMLS record on October 14, 2026. They've been in our lender network since March 2014. That confirms who the company is. It isn't an endorsement, and it doesn't check their license in any particular state.
Where can I learn more about Compass Mortgage?
This page has Compass Mortgage's NMLS identity, which we verified, and its company details, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.