CLEVELAND–(BUSINESS WIRE)–Nov. 14, 2022–
Nation Loansa leading national full-service mortgage lender, today announced the launch of Commitment mortgageLLC, a joint venture in partnership with Indiana Building carpenters. The joint venture aims to improve the home buying process for customers by providing an end-to-end experience from home hunting to closing a loan.
Commitment Mortgage leverages more than 600 Carpenter agents across Indiana to help clients find their dream home, then capitalize on a variety of loan offers that suit all types of buyers.
Indiana-based mortgage industry veteran Erick Cavalcanti will serve as president of the joint venture and oversee its growth. Corey Caster, Executive Vice President of National Production at Nations Lending, will leverage his past experience managing the joint venture chain at NewRez to lead this joint venture to success.
“We see launching this business as the natural progression of growing our business,” Caster said. “Commitment Mortgage is an opportunity for Nations and Carpenter to bring two strong companies together to create an enhanced experience for our borrowers and employees.”
“We are excited to incorporate mortgage services into our offering for homebuyers in central Indiana,” said Dave Caveness, president of Carpenter Realtors. “For these buyers, the convenience it brings to the process is impactful. »
Commitment Mortgage will provide Carpenter’s clients with access to a strong independent mortgage lender, in-house loan officers and fast realtor loan assistance. The company also provides a high-quality experience for borrowers, as Commitment retains a high percentage of its mortgage servicing rights, through its parent company, Nations Lending. This ensures borrowers have a consistent and unified experience from the start of their home search through the application process and monthly payments.
For more information, visit CallCommitment.com.
About Nation Loans
Nations Lending Corporation™ is one of the fastest growing mortgage lenders in the United States. Based in the Cleveland, Ohio area, it is licensed to lend in all 50 states and employs more than 1,200 people at its headquarters and 138 branches across the United States. The company makes its mission of “home loans. made human. ™” an integral part of its mortgage experience, offering tailored customer service and a variety of programs to meet the needs of any homebuyer: FHA, VA, Conventional , Jumbo, USDA, and more. Nations is an agency direct lender with Fannie Mae, Freddie Mac and Ginnie Mae and retains mortgage servicing rights to 96% of the loans it originates. The company is a two-time winner of the Inc. 5000, which lists the fastest growing private companies in the country. Nations was named one of the Top 100 Lenders by National Mortgage Professional Magazine; six-time winner of the Scotsman Guide’s Best Mortgage Lenders Award; and winner of Fortune magazine’s Top Workplaces for Millennials. Nations is consistently ranked among the top IMBs by National Mortgage Professional and Mortgage Executive Magazine. For more information, visit www.NationsLending.com.
About Carpenter Estate Agents
Founded in 1970 and based in Indianapolis, Carpenter Realtors® is locally owned and operated. Recognized as one of the top 70 real estate companies in the nation, the company operates 33 offices in central and southern Indiana with more than 600 affiliated agents. Carpenter’s nationally recognized Home Marketing System gives sellers greater visibility for their home, with the goal of selling faster for more money. Plus, “Connections. Engagement. Community.” reflects the company’s mission to advance agent careers with a focus on improving the communities each of our offices serve.
Show source version on businesswire.com:https://www.businesswire.com/news/home/20221114005680/en/
CONTACT: Wahid Lodin
KEYWORD: INDIANA OHIO UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES RESIDENTIAL BUILDING & REAL ESTATE FINANCE CONSTRUCTION & REAL ESTATE ACCOUNTING
SOURCE: Nations Loan Corporation
Copyright BusinessWire 2022.
PUB: 14/11/2022 10:00 AM/DISC: 14/11/2022 10:02 AM
Copyright BusinessWire 2022.
