Lenders One Cooperative, a national alliance of independent mortgage bankers, banks and credit unions, and managed by a subsidiary of Altisource Portfolio Solutions S.A., has opened its third mortgage lender in-store branch location at a Walmart store in Orlando, Fla.
The recent grand opening is part of Lenders One’s nationwide initiative to offer prospective homebuyers access to mortgage origination solutions where they shop within their community.
The new in-store branch is powered by Family First Funding, a retail mortgage lender licensed to do business in 35 U.S. states and the District of Columbia.
Family First Funding offers high quality mortgage banking services to residential and business customers, with an aim to provide clients with fair and reasonable rates and costs, while keeping their clients informed and educated throughout the process.
“Walmart has long been a trusted name for consumers, so seeing the Walmart branch in-store opportunity in West Orange County come to fruition with Family First Funding is an exciting move to connect mortgage lenders and borrowers in the Orlando area,” says Justin Demola, CMB, president, Lenders One, in a release. “The physical in-store presence at Walmart allows Lenders One members to connect, face-to-face, with the local community and help them learn about the mortgage process, become mortgage ready and achieve the American Dream of homeownership.”
The objective of this initiative is for Lenders One members to offer a suite of mortgage solutions, including purchase, refinance and home equity lines, to Walmart customers with a strong focus on consumer education, underserved markets and affordable homeownership.
In October, two other Walmart-based in-store branch Lenders One locations opened with Family First Funding in Newton, N.J. and MLB Residential Lending, LLC in Boonton, N.J.