PrimeLending has a new business arrangement with Dallas-based home builder, Grand Homes Inc., creating a new residential mortgage lender, Grand Home Loans LLC. PrimeLending Ventures Management LLC, owns a majority interest in Grand Home Loans, LLC, and a minority interest is owned by Grand Lending LLC. Grand Home Loans is a member of the Hilltop Holdings Inc. (NYSE:HTH) family of companies.
Grand Home Loans will begin offering home financing solutions to the Dallas Fort Worth area in February of 2018.
Recruiting efforts to hire leadership, loan originators, and operations staff for this new PrimeLending business affiliate are currently under way.
“We’re extremely excited about our relationship with Grand Homes,” said Mike Matthews, senior vice president of joint venture sales and support at PrimeLending. “With our combined efforts, we’re confident we will be able to assemble a talented team of home loan experts dedicated to helping customers achieve their homeownership goals.”
Grand Home Loans will offer a wide array of home loan solutions such as fixed and adjustable rate loans, as well as renovation and refinancing loans designed client needs.