Loan Depot has partnered with National Homecorp, a Georgia-based homebuilder specializing in affordable single-family homes, to form a new joint venture, NHC Mortgage.
NHC is the latest in a series of joint ventures for loanDepot as part of its strategy to increase purchase market share. The new mortgage joint venture will offer full-service mortgage offerings and personalized services in Florida, Iowa and North Carolina, with plans for Kentucky, Arizona, Virginia, Texas, Alabama, Missouri, Georgia, Tennessee and South Carolina in 2023. will be added.
“Affordability is one of the major housing issues of our time, and Loan Depot’s strategic focus on increasing and retaining home ownership in underserved communities is a key part of National Homecorp’s efforts. is a natural complement to affordable housingsaid Dan Peña, executive vice president of national joint ventures at loanDepot. CLASS CUSTOMER SERVICE Loan Depot is known every step of the way. ”