Acrisure Mortgage, DRB Group Form Home Loan Joint Venture
The two companies launched DRB Mortgage to provide dedicated home financing within DRB Group residential communities.
Acrisure Mortgage, LLC and DRB Group announced the formation of DRB Mortgage, a newly established mortgage joint venture, the companies said Wednesday. The partnership is designed to streamline home financing options for buyers purchasing within DRB Group's residential communities.
Acrisure Mortgage ranks among the nation's top 25 residential mortgage lenders, according to the company, bringing substantial lending infrastructure to the arrangement. The joint venture is intended to give DRB Group homebuyers more direct access to mortgage products tailored to their purchases.
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The announcement was made in Orlando, Florida, and reflects a broader industry trend of homebuilders and developers partnering with established lenders to create captive mortgage operations that can accelerate closings and improve the buyer experience at the point of sale.
Such joint ventures can offer potential advantages for both parties — the builder gains a financing arm that keeps transactions in-house, while the lender secures a reliable pipeline of purchase-mortgage originations tied directly to new home sales activity.
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