Synergy is currently licensed in 43 states and has operational hubs in Boise, ID Denver, CO, and Dallas, TX. As the founder of the Modern Mortgage Experience, Synergy One Lending prides itself on providing customers with intrinsic value through a seamless digital. In addition to expanding its home mortgage presence, the company has a particular focus on leveraging consumer-permissioned data in presenting clients with solutions across multiple loan products.īrean Capital, LLC served as the company’s Exclusive Financial Advisor and Placement Agent in connection with the transaction. “We have been fortunate to attract some of the industry’s top talent and we believe we can accelerate that growth with this capital raise,” said Synergy president, Aaron Nemec. Synergy One Lending has grown over 500% in the past 4 years and the company executed a management buyout led by its current leadership team in April of 2020, according to a press release. He added that this securitization gives the company the ability to bolster its balance sheet at better terms while being able to refine and improve its platform at a quicker pace. “Our ability to access the capital markets in this favorable environment provides tremendous lift as Synergy continues to evolve and thrive,” said Steve Majerus, CEO. Upon completion of the deal, Synergy One operated as a wholly owned subsidiary of Mutual of Omaha Bank and maintained its base in San Diego.Īt the time of the acquisition, then-Synergy One President and CEO Torrey Larson said, “The impact of two high-performance teams working as one provides an undeniable opportunity to grow market share by executing every day on behalf of our customer.Synergy intends to accelerate its investment in the growth of its distributed retail and consumer direct channels, technology and partnership development, as well as its servicing portfolio. Sector Financial Inc., an affiliate of Credit Suisse, provided access to the. In 2018, Mutual of Omaha Bank, the banking arm of Mutual of Omaha, acquired Synergy One to allow the company to expand its reverse mortgage lending. Synergy One Lending, a leading independent, technology-enabled specialty. Our confidence in our team and our collective ability to execute couldn’t be higher,” said Majerus. kicks off 2022 in high fashion with the hiring of top-producer Jose Hernandez in the Greater San Diego area Jose has long been ranked one of the top originators in. Chain Bridge Bank NA Champion Credit Union, Inc Charles Schwab Bank. ![]() “Aaron and I are sincerely grateful for the opportunity to lead Synergy One into the future. Capital One Capon Valley Bank Carolina Federal Credit Union Carrollton Bank. ![]() The MBO was led by Nemec and Synergy One CEO Steve Majerus. Synergy One is authorized to Lend in 48 States and provides among the broadest set of mortgage options of any company today. The Company provides loans for home refinance, purchase, and equity needs. Though the terms of the acquisition were not announced, Synergy One President Aaron Nemec said, “This acquisition enables us to more aggressively pursue our pipeline of opportunities and to continue to evolve our operational and sales platforms in building a fintech-enabled company that aligns our team with the experience our customers demand.” The buyout was announced near the two-year anniversary of Mutual of Omaha’s acquisition of the mortgage lender in June of 2018. ![]() Synergy One Lending announced on Thursday its management-led asset purchase (MBO) of the company’s distributed retail channel and the Synergy One brand from Mutual of Omaha Mortgage.
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