Luminate Home Loans NMLS #150953
At a glance
- HeadquartersMinneapolis, MN
- Size846 home loans closed in 2025
- Loan typesConventional, FHA and VA
- Formed in1998
2025 figures are for Luminate Home Loans, Inc.'s filing.
What it closes
Share of its 2025 home loans: 68% Conventional, 23% FHA, 8% VA and 1% Other types.
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Who is Luminate Home Loans?
Luminate Home Loans (NMLS #150953) 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 brokerLuminate Home Loans
- NMLS #150953
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- In the FreeRateUpdate network since
- Profile updated
- Biography reviewed byPaige Sutton, NMLS #1888684 ()
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About Luminate Home Loans
Overview
Luminate Home Loans is a mortgage lender based in Minneapolis. It operates as a corporation and has a multi-state branch presence.
Mortgage options
In 2025, Luminate Home Loans made conventional, FHA and VA loans. Its loans that year were for home purchases, refinances and cash-out refinances.
Locations
Luminate Home Loans has 114 branches in 32 states: Alabama, Arkansas, Arizona, California, Colorado, Florida, Hawaii, Iowa, Idaho, Illinois, Kansas, Massachusetts, Maryland, Michigan, Minnesota, Missouri, North Carolina, New Hampshire, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Vermont, Washington and Wisconsin.
Company details and licensing
Luminate Home Loans, Inc. is a corporation formed in Minnesota on September 28, 1998. Its headquarters are at 2523 S Wayzata Blvd Suite 200, Minneapolis, Minnesota 55405. Trade names include NEO Home Loans, Refined Lending and AMEC Home Loans.
NMLS company ID: 150953. Licensing is verifiable through NMLS Consumer Access.
Verify NMLS #150953 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 asLuminate Home Loans, Inc.
- 2025 home loan decisionsOf 903 applications decided by Luminate Home Loans, Inc. in 2025, 846 were originated, 16 were approved but not accepted by the borrower, and 41 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 95.5%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 377 applications were withdrawn by the borrower, 0 were closed for incompleteness, and 1 loan was 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 spread0.458 percentage points above the average prime offer rate (reported on 802 originations, 44 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$8,058.02 — originated closed-end household loans, 2025, 681 of 802 loans. FFIEC HMDA data browser.
- Median origination charges$3,674.57 — originated closed-end household loans, 2025, 802 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 types576 Conventional, 196 FHA, 65 VA, 9 USDA — of 846 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 Luminate Home Loans, 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
What is Luminate Home Loans's NMLS number?
Luminate Home Loans's NMLS number is 150953. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified Luminate Home Loans's NMLS ID?
Yes. We checked Luminate Home Loans's company name and NMLS ID against the NMLS record on August 10, 2026. They've been in our lender network since October 2016. 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 Luminate Home Loans?
This page has Luminate Home Loans'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.