Dream Finders Homes Completes Acquisition of Cherry Creek Mortgage Through Its Wholly Owned Subsidiary, Jet HomeLoans
Founded in 1986, Cherry Creek became one of the nation’s preeminent mortgage lending platforms from their headquarters in
Kelley Hailstone, President of Jet HomeLoans, shared his thoughts on the acquisition: "We are thrilled to welcome the entire Cherry Creek Mortgage team to the Jet HomeLoans family. This partnership leverages Jet HomeLoans’ existing retail production strength with Cherry Creek’s robust expertise in servicing along with all necessary industry approvals. The result is a stronger, more diversified company that will deliver a superior experience for our growing customer base. Most importantly, these complementary capabilities will allow Jet HomeLoans to maximize affordability for our Dream Finders homebuyers."
Jet HomeLoans was advised on the transaction by Sterling Point Advisors, Milliman, Inc.’s Mortgage Solutions team, and McGlinchey Stafford PLLC, a law firm based in
About Dream Finders Homes, Inc.
Dream Finders Homes (NYSE: DFH) is a homebuilder based in
About Jet HomeLoans, LP
Jet HomeLoans is a
Forward-Looking Statements
This press release includes forward-looking statements regarding future events which include, but are not limited to, market conditions, possible or assumed future results of operations, expected benefits of the Cherry Creek acquisition and statements regarding the Company’s strategies and expectations as they relate to market opportunities and growth. All forward-looking statements are based on management’s beliefs as well as assumptions made by and the information currently available to management. These statements reflect managements’ current views with respect to future events and are subject to various risks, uncertainties and assumptions, which are discussed in Dream Finders Homes’ Annual Report on Form 10-K for the year ended December 31, 2024, subsequently filed Form 10-Qs and other filings with the
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Investor Contact: investors@dreamfindershomes.com
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Source: Dream Finders Homes, Inc.