CEO says deal "brings so much growth potential"
RE/MAX Results has announced forming a new joint venture mortgage company with California-headquartered Kind Lending.
The new company, Results Home Mortgage, will be based in Eden Prairie, Minn., and will focus on providing borrowers in both Minnesota and Wisconsin with residential purchase mortgages.
"The alliance with Kind Lending, one of the country's fastest-growing lenders and loan servicers, will empower Results Home Mortgage to elevate the customer experience in a monumental way," said Lance Smith, president of Results Home Mortgage. "Joining forces with RE/MAX Results brings so much growth potential, and I look forward to building a team to rapidly scale the business and bring that growth to fruition."
Results Home Mortgage marks Kind Lending's second joint venture partnership. In 2021, the lender launched its first joint venture, Success Lending, through a partnership with eXp World Holdings.
"Our Results Home Mortgage joint venture brings together superb expertise in Minnesota's real estate markets and the power of a leading national mortgage lender like Kind Lending to ensure that homebuyers receive unparalleled service throughout the land of 10,000 lakes," said Glenn Stearns, CEO and Founder of Kind Lending.
"We are thrilled to be joining forces with our old friend Glenn Stearns. Our previous collaboration was successful, and we're excited to renew our partnership to create even greater opportunities for the customers of Results Home Mortgage," RE/MAX Results CEO Brenda Tushaus said. "As we continue to work together through Kind Lending, we are confident that we can leverage our combined expertise and strengths to drive innovation, growth, and success for our businesses," said Brenda.
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