Announced
Completed
Synopsis
Dream Finders Homes, a homebuilder, completed the acquisition of Cherry Creek Mortgage, a lender that specializes in the origination of mortgage loans to support new build construction lending. Financial terms were not disclosed. "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," Kelley Hailstone, Dream Finders Homes President of Jet HomeLoans.
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