Alcova Mortgage NMLS #40508
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Who is Alcova Mortgage?
Alcova Mortgage (NMLS #40508) is a lender or broker listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Key Facts
- Lender or brokerAlcova Mortgage
- NMLS #40508
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- In the FreeRateUpdate network since
- Profile updated
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Reported application outcomes and pricing, 2025
- 2025 home loan decisionsOf 7,093 applications decided by Alcova Mortgage LLC in 2025, 6,192 were originated, 673 were approved but not accepted by the borrower, and 228 were denied.
- Median rate spread0.35 (reported on 5,749 originations, 443 reported no spread at all -- a median of what was reported, not of everything originated)
That is an approval rate of 96.8%. Withdrawn, incomplete and purchased loans are not counted here and are not part of that rate.
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Evidence read 2026-10-10T20:58:22+00:00
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for Alcova Mortgage 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.
About Alcova Mortgage
Overview
Alcova Mortgage is a mortgage company serving home buyers and homeowners who want to refinance. One named borrower feature is its CAN DO Pre-Approval, a pre-approval option for buyers preparing an offer.
Mortgage options
Mortgage options include conventional loans, FHA loans, USDA loans, VA loans, jumbo loans, reverse mortgages, HomeReady loans, Conventional 97 loans, DSCR loans, bank-statement loans, rate-and-term refinance and cash-out refinance. Alcova Mortgage also offers a Trade-In Mortgage™ powered by Calque and a Your Way Mortgage option.
How it works
Borrowers can work with Alcova Mortgage in person, over the phone, or online.
Locations
Alcova Mortgage has 141 branches in 18 states across the South, Mid-Atlantic, Midwest, Texas, Colorado, Oklahoma, and Kansas.
Company details and licensing
Alcova Mortgage LLC is a limited liability company formed in Virginia on May 14, 2003. Its headquarters are at 308 Market St. SE, Roanoke, Virginia 24011. Trade names include ALCOVA Mortgage, ALCOVA Home Lending, and The Taylor Division of ALCOVA Mortgage LLC. The company’s NMLS ID is 40508.
Licensing is verifiable through NMLS Consumer Access.
Verify NMLS #40508 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.
Frequently Asked Questions
What is Alcova Mortgage's NMLS number?
Alcova Mortgage's NMLS number is 40508. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified Alcova Mortgage's NMLS ID?
Yes. We checked Alcova Mortgage's company name and NMLS ID against the NMLS record on November 4, 2025. They've been in our lender network since June 2013. 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 Alcova Mortgage?
This page has Alcova 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.