loanDepot and Onx Homes Launch ONX X+ Mortgage in Florida and Texas

loanDepot and Onx Homes have launched a joint venture, ONX X+ Mortgage, which is now serving customers in Florida and Texas. The partnership aims to provide a seamless, tech-forward mortgage experience for new construction homebuyers. Kathryn McKissick has been appointed as branch manager, bringing over 20 years of experience in the mortgage industry. The joint venture aims to deliver a smooth and streamlined financing experience for customers.

loanDepot, Inc. (NYSE: LDI) and Onx Homes have announced the launch of ONX X+ Mortgage, a joint venture aimed at providing a seamless, tech-forward mortgage experience for new construction homebuyers in Florida and Texas [1]. The partnership combines Onx Homes' innovative approach to homebuilding with loanDepot's best-in-class lending platform.

The joint venture, led by Kathryn McKissick, a mortgage industry veteran with over 20 years of experience, will focus on delivering a smooth and streamlined financing experience for customers. McKissick, who most recently served as a loan consultant for loanDepot's joint venture with LGI Homes, LGI Mortgage Solutions, brings a deep understanding of both lending and new home construction businesses [1].

"With our joint venture now serving customers in Florida and Texas, we're thrilled to continue our work transforming and streamlining the homebuying experience for our customers," said Onx Homes Chief Operating Officer Ravi Bhat. "By bringing Onx’s groundbreaking design and construction model together with loanDepot’s unmatched lending expertise, we’re making it faster, easier, and more accessible for more families to achieve the dream of homeownership" [1].

The new venture aims to leverage Onx Homes' innovative design and construction methods, along with loanDepot's digital-first lending solutions, to create a unique and efficient mortgage process for new homebuyers. This partnership is a significant step forward in the industry, focusing on enhancing customer experience through technology and innovation.

References:
[1] https://www.stocktitan.net/news/LDI/onx-x-mortgage-new-joint-venture-between-loan-depot-and-onx-homes-7vibkhuzju7f.html