Direct Home Lending
Direct Home Lending is the trade name of PIC Capital Inc., a residential mortgage company in Corona, California, founded in 2006. It offers home purchase and refinance loans, including FHA, VA, USDA, jumbo and conventional loans. Its licensing page lists licenses or registrations in 10 states, including California, Texas and Florida.
What Direct Home Lending offers
- Government-backed loans: FHA loans, VA loans with fixed or adjustable rates, and USDA loans, which the site says allow no money down in certain rural and suburban areas.
- Conventional and jumbo loans: fixed-rate loans, jumbo loans for larger amounts, and first-time buyer and low down payment programs.
- Rehab loans: a purchase loan that rolls renovation costs into the mortgage.
- Investment property: loans for vacation and rental homes.
- Refinancing: standard, cash-out and VA refinances. The product pages give no rates, fees or credit score minimums.
Who it may suit, and who should look elsewhere
Right for you if:
- Your home is in Arizona, California, Colorado, Connecticut, Florida, Oregon, Pennsylvania, South Carolina, Texas or Washington.
- You want an FHA, VA, USDA or renovation loan from a company that offers all four.
Not right for you if:
- Your state is not on its licensing page.
- You want a HELOC or a reverse mortgage. Neither appears on its current product list.
Before you apply
The company NMLS ID is 274058. Its licensing page lists a California Financing Law license (60DBO-60848) from the Department of Financial Protection and Innovation, and a California real estate corporation license (01823534) with a mortgage loan originator endorsement. It holds mortgage lender licenses in Connecticut, Oregon and Pennsylvania and mortgage broker licenses in Arizona and Florida. The site does not say whether it funds loans itself or places them with other lenders, so ask.
You can call or text (800) 575-3648, visit the office on Temescal Canyon Road in Corona, or use directhl.com. Rates and costs depend on your credit, down payment and loan type. Get a Loan Estimate from Direct Home Lending and at least two other lenders, then compare them with the CFPB’s home-buying tools. Our guides on checking a lender’s license and mortgage types explain what to look for.
