Move comes after formation of new partnership
Landsea Homes Corp., a publicly traded residential homebuilder, has announced the launch of Landsea Mortgage powered by NFM Lending, dubbed as “… an award-winning, multi-state residential mortgage lender.”
Mike Forsum, president and chief operating officer of Landsea Homes, explained the significance of the move: “The launch of Landsea Mortgage gives our valued Landsea Homes customers the opportunity to enjoy a streamlined and full-service loan process with superior customer service. At Landsea Homes, our main goal is to provide the highest quality customer care so that homebuyers can truly ‘live in their element.’ We believe Landsea Mortgage will offer vital support in the homebuying process for our customers.”
NFM Lending is currently licensed in 48 states and will be responsible for the financing of home loans. The company described its focus as one aimed at “… exceptional service and open communication throughout the loan process.”
Company officials said the Landsea Mortgage lending team will continue to provide their expertise and guidance during the new home financing process and will work closely with Landsea Homes’ sales and construction teams to coordinate the entire process, from pre-qualification to closing. Homebuyers can expect highly competitive rates and a diverse selection of home loans.
Read more: NFM Lending announces tie-up with Landsea Homes
“Landsea Homes is a premier homebuilder, and we’re excited to continue our partnership with them to provide unrivaled and top-level service for homebuyers across the country,” said Ryan Sandell, Western Division president, NFM Lending.
NFM Lending signed an agreement with Landsea Homes in February to serve as its “preferred lending partner,” Mortgage Professional America reported at the time. At the time, Forsum said the partnership will allow its customers “to enjoy a streamlined loan process and superior customer service. We believe they will find this is a game-changer in the homebuying process,” he added.
The news comes amid brisk growth for NFM in the mortgage space, now reaching into 47 states and the District of Columbia. NFM chief operations officer Bob Tyson and western division president Ryan Sandell helped form the partnership.
Read next: NFM Lending expands in Virginia
“We are very excited about the opportunity to work closer with the team at Landsea Homes. We’ve enjoyed building a great relationship with them and look forward to growing with them in the future,” NFM chief operations officer Bob Tyson said.
Added Ryan Sandell, NFM’s western division president: “NFM and Landsea Homes have an incredible working relationship throughout the country. This partnership is an ideal pairing of two companies who are both focused on delivering top-notch service for our customers.”
Last November, NFM Lending expanded its presence in Virginia with the opening of its new branch in Haymarket. The Baltimore-based company hired Jim Podratsky to oversee the new location as branch manager. Podratsky is a mortgage professional with more than 16 years of experience. He most recently worked at Caliber Home Loans as branch manager. Before that, he served as senior vice president at George Mason Mortgage and previously as a mortgage banker at Suntrust Banks.
Landsea Homes was recently named the 2022 winner of the prestigious Builder of the Year award, presented by BUILDER magazine. Through a series of strategic moves, the Newport Beach-based home builder saw a historic year of transformation after going public by exceeding the $1 billion revenue mark, acquiring Hanover Family Builders, expanding into the Texas and Florida markets, and completing 1,640 closings. The culmination of these efforts resulted in Landsea Homes rising to number 47 on the coveted Builder 100 list and winning the Builder of the Year honor.
Newport Beach, Calif.-based Landsea Homes Corporation is a public company with shares trading on the NASDAQ exchange specializing in designing and building best-in-class homes and sustainable master-planned communities in some of the nation’s most desirable markets. The company has developed homes and communities in New York, Boston, New Jersey, Arizona, Florida, Texas and throughout California in Silicon Valley, Los Angeles, and Orange County.
