Our Story

Every ripple starts with a single stone — and for us, that stone was laid in 2000, in a 350-square-foot office in suburban Milwaukee. Our three-person team shared a belief in the power of homeownership, with one common goal: to help families find their way home.

As the ripples expanded, so did our reach. By 2006, Waterstone Mortgage had grown to 58 employees in two states. At the time, most of our business was made up of purchase transactions — a defining characteristic of our company to this day. That same year, Waterstone Mortgage was sold in 2006 to Wauwatosa Savings Bank (which later changed its name to WaterStone Bank) in an effort to offer more robust loan products and more secure financing for our customers.

While our current Home Office is located in Brookfield, Wisconsin, we now have employees all across the nation.

Over the years, we’ve built a company to be proud of — winning a variety of top workplace awards and gaining national recognition for our loan production.

Our employees are some of the best in the business, and we enjoy a collaborative culture that allows us to have fun, be creative, and appreciate the important work that we do each day.

Our employees also believe that mortgage lending isn’t just an occupation — it’s a way to celebrate homeownership every day. For generations, homeownership has represented the greatest source of wealth for most U.S. households, and provides families with a sense of emotional and financial stability.

We’re proud to play an important role in helping families across the nation achieve their version of the American dream — and we will continue developing products and technology that will help create the most transparent, streamlined, and positive mortgage experience.

Because, at Waterstone Mortgage, we are committed to helping as many people as possible achieve their dream of homeownership.