LoanDepot and LGI Homes Announces New Joint Venture Partnership Named LGI Mortgage Solutions
April 29, 2021 at 11:30 am EDT
Share
loanDepot.com, LLC, a subsidiary of loanDepot, Inc. and LGI Homes, one of the fastest growing home builders in the nation, announced an exciting new joint venture partnership named LGI Mortgage Solutions. The new venture is a perfect pairing of LGI's dream fulfillment focus and loanDepot's commitment to delivering exceptional lending experiences, one home at a time.
LGI Homes, Inc. is focused on the homebuilding industry. The Company designs, constructs and sells homes across approximately 36 markets in 21 states. The Company offers multiple product lines, including attached and detached entry-level homes and active adult offerings that are marketed and sold under its LGI Homes brand and luxury homes that are marketed and sold under its Terrata Homes brand. Its homebuilding operations are organized and managed by seven operating segments: West, Northwest, Central, Midwest, Florida, Southeast and Mid-Atlantic. The Company offers an attached townhome product in certain markets. The Company's CompleteHome and CompleteHome Plus packages offers buyers move-in ready homes. Each of these packages includes preselected, upgraded features, including stainless steel appliances, cabinets and others. Its wholesale business builds and sells homes primarily to institutions interested in acquiring single-family rental properties through bulk sales agreements.
LGI HOMES, INC. 
