loanDepot Partners With Betenbough Companies to Launch New Home Lending Company Serving West Texas Buyers

Core Viewpoint - loanDepot has announced a strategic partnership with Betenbough Companies to launch Olive Branch Home Loans, a new mortgage company aimed at serving homebuyers in West Texas [1][9]. Group 1: Partnership Details - The collaboration combines Betenbough Companies' local market knowledge with loanDepot's operational and customer service expertise, focusing on a customer-first approach that streamlines the mortgage process from application to closing [2][3]. - This partnership represents a new model under loanDepot's expanded partnership channel, allowing home builders and affiliates to develop their own mortgage operations while utilizing loanDepot's industry expertise and infrastructure [2][3]. Group 2: Company Background - Betenbough Companies, founded in 1992, is a top 50 U.S. home builder, delivering over 2,100 homes annually across West Texas [5]. - loanDepot, established in 2010, has transformed the mortgage industry with digital innovations, offering a wide range of lending and real estate services to facilitate homeownership [6].