RPM Mortgage is an independently owned and operated mortgage lender and broker based in Alamo, California whose roots in the Bay Area stem back to 1986. RPM Mortgage is owned by Rob and Tracey Hirt. The company has over 70 branches in Arizona, California, Colorado, Nevada, Oregon, and Washington with over 800 loan agents and employees. In 2015, they were fined $20 million for illegally steering consumers to costlier mortgages.
RPM Mortgage is a retail only lender and a direct seller and servicer of Fannie Mae loans. In 2010 RPM closed over $4.55 billion in originations with $1.3 billion of the originations being service-retained. In 2013, the company provided $5.9 billion in funding in the form of residential mortgages.
RPM offers various loan programs such as Conventional Purchases, Refinances, CalSTRS, Fannie Mae DU Refi Plus, Fannie Mae Home Path, Streamline Refinances, and Jumbo loans. RPM is a direct lender with full-eagle approval from the department of Housing and Urban Development with the following lenders: Fannie Mae, GMAC, Chase, Bank of America and US Bank. RPM is an Equal Opportunity Lender