loanDepot and Davidson Homes Announce Davidson Mortgage Joint Venture
Davidson Mortgage will serve homebuyers across Alabama, Tennessee, Georgia, North Carolina, Texas and Arizona.
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Builder partnership expands loanDepot’s joint venture channel and diversified origination platform while providing seamless financing for homebuyers
Davidson Mortgage combines loanDepot’s technology-forward lending platform, broad range of financing options and exceptional customer service with Davidson Homes’ commitment to creating an outstanding homebuying experience. By more closely connecting the home purchase and financing processes, the joint venture will give buyers personalized support and a seamless experience from contract to closing.
Davidson Mortgage will serve homebuyers in
“Davidson Homes has built tremendous momentum by continuing to grow while building homes that reflect what today’s buyers want and need, with a strong focus on quality and the customer experience,” said loanDepot President of Partnership Lending Dan Peña. “Davidson Mortgage builds on that success, pairing loanDepot’s best-in-class lending platform and exceptional service with Davidson Homes’ customer-first approach to deliver a smooth financing experience homebuyers can trust.”
Davidson Mortgage represents another step in loanDepot’s strategy to grow its core mortgage franchise through a multi-channel platform that reaches homebuyers through joint ventures, distributed retail and direct lending.
“Our success has always been grounded in the relationships we build with homebuyers and the communities we serve,” said Davidson Homes CEO Brandon Jones. “With loanDepot’s well-earned reputation for combining technology with a customer-first approach, we’re providing buyers with a frictionless and personal financing experience.”
About loanDepot
Since its launch in 2010, loanDepot (NYSE: LDI) has revolutionized the mortgage industry with digital innovations that make transacting easier, faster and less stressful for customers and originators alike. The company, which is licensed in all 50 states, helps its customers 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. loanDepot is also committed to serving the communities in which its team lives and works through a variety of local and national philanthropic efforts.
About Davidson Homes
Davidson Homes is a privately held homebuilder headquartered in Huntsville, Alabama, with operations across the Southeast, Southwest, and beyond. Founded in 2009, the company focuses on building well-located communities and delivering quality homes at a strong value, supported by a customer-first approach and local market expertise. Davidson Homes builds in multiple markets across Alabama, Arizona, Georgia, North Carolina, Tennessee, and Texas, and continues to expand into high-growth regions nationwide. The company is ranked #43 among the nation’s top homebuilders on Builder’s annual Builder 100 list.
LDI-IR
View source version on businesswire.com: https://www.businesswire.com/news/home/20261110651313/en/
Media Contact:
Jonathan Fine
Vice President, Public Relations
loanDepot
(781) 248-3963 | jfine@loandepot.com
Investor Contact:
Gerhard Erdelji
Senior Vice President, Investor Relations
loanDepot
(949) 822-4074 | gerdelji@loandepot.com
Source: loanDepot, Inc.