FOOTHILL RANCH, Calif.,
Nov. 4, 2021 /PRNewswire/ -- LGI
Mortgage Solutions, the joint venture formed by loanDepot, the
nation's second largest nonbank retail lender and LGI Homes, Inc.,
one of the fastest growing home builders in the nation, is now
offering full-service, residential mortgage solutions and
personalized service in Arizona,
Colorado and Florida. The company has plans to expand into
ten additional states—Georgia, Tennessee, New
Mexico, Minnesota,
Oklahoma, North Carolina, South Carolina, Oregon, Washington and Alabama—during the first
quarter of 2022, with six additional states coming online
later in the year.
"As a national preferred lender with LGI Homes since 2015, we
know the quality of work and high-level of service the company
provides," said Dan Peña, loanDepot executive vice president of
national joint ventures. "Launching LGI Mortgage Solutions allows
loanDepot to expand our relationship and service the financial
needs of LGI Homes' customers, streamlining the home financing
process to make the dream of homeownership a reality for even more
individuals and families across the country."
LGI Mortgage Solutions also expands loanDepot's footprint in the
purchase mortgage market and is an important part of the company's
unique channel diversification strategy.
Headquartered in The Woodlands,
Texas, LGI Homes is known for its well-crafted homes and
simplified buying process. The company focuses on customer feedback
to ensure that they are continuously offering an outstanding
product and exceptional customer service. Named the Builder of the
Year in 2016 by Professional Builder Magazine, LGI Homes focuses on
customer care, integrity, ethical behavior, loyalty, efficiency and
profitability to ensure a consistent outstanding experience for its
home buyers.
"Working exclusively with loanDepot through this joint venture
ensures that our customers will enjoy an exceptional homebuying
experience from first visit through loan close," said Mike Snider, LGI Homes president and chief
operating officer. "Backed by two best-in-class companies with
well-matched values and quality standards, LGI Mortgage Solutions
will deliver competitive rates, superior customer service, and a
transparent, streamlined mortgage process enabling industry-leading
customer service and a stress-free lending experience for LGI
customers."
About loanDepot
loanDepot (NYSE: LDI) is a digital
commerce company committed to serving its customers throughout the
home ownership journey. Since its launch in 2010, loanDepot has
revolutionized the mortgage industry with a digital-first approach
that makes it easier, faster and less stressful to purchase or
refinance a home. Today, as the nation's second largest retail
mortgage lender, loanDepot enables customers to achieve the
American dream of homeownership through a broad suite of lending
and real estate services that simplify one of life's most complex
transactions. With headquarters in Southern
California and offices nationwide, loanDepot is committed to
serving the communities in which its team lives and works through a
variety of local, regional and national philanthropic efforts.
About LGI Homes, Inc.
LGI Homes, Inc. (NASDAQ: LGIH) is a pioneer in the homebuilding
industry, successfully applying an innovative and systematic
approach to the design, construction and sale of homes. As one of
America's fastest growing companies, LGI Homes has a notable legacy
of more than 18 years of homebuilding excellence, over which time
it has closed more than 50,000 homes and has been profitable every
year. Headquartered in The Woodlands,
Texas, LGI Homes has operations across 35 markets in 19
states and, since 2018, has been ranked as the 10th largest
residential builder in the United
States based on units closed. Nationally recognized for its
quality construction and exceptional customer service, LGI Homes'
commitment to excellence extends to its more than 900 employees,
earning the Company numerous workplace awards at the local, state
and national level, including Top Workplaces USA's 2021 Cultural Excellence Award. For more
information about LGI Homes and its unique operating model focused
on making the dream of homeownership a reality for families across
the nation, please visit the Company's website at
www.lgihomes.com.
Media Contact:
Jonathan
Fine
VP, Public Relations
(781) 248-3963
jfine@loandepot.com
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SOURCE loanDepot, Inc.