Union Home Mortgage (UHM), a full-service retail, wholesale and consumer-direct independent mortgage banking company, has acquired Kalamazoo, Mich.-based Amerifirst Home Mortgage for an undisclosed sum.
The combination will expand UHM’s national reach in key markets and bring together two leading USDA mortgage lenders.
“On behalf of all our partners, I am excited to welcome the wonderful mortgage professionals of Amerifirst to the world-class platform of growth at UHM,” says Bill Cosgrove, president and CEO of Union Home Mortgage, in a release. “Our company lives by the mantra of ‘Promises Kept,’ which includes promises to our customers, communities and colleague partners. Today, I am thrilled to expand the reach of that promise further.”
Amerifirst was founded in 1983 by Mark Jones and David Gahm. The company has grown from a single branch in Kalamazoo to more than 300 licensed loan consultants across the country, with concentrations in Florida, Michigan, Ohio, North Carolina and California.
UHM is a nationally recognized top-50 mortgage lender, with more than $13 billion in lending each year. Amerifirst will add to this total; the company originated $2.8 billion in 2021 and $3.3 billion in 2020.
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