Walmart-based
Mortgage Branches powered by Lenders One members offer prospective homebuyers and homeowners access to
mortgage origination solutions within the community where they shop, live and work
EL PASO, Texas
, Nov. 01, 2022 (GLOBE NEWSWIRE) -- 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., announces the grand opening of its
third mortgage lender in-store branch location at a select Walmart store in Orlando, FL. The grand opening of this
location is part of Lenders One’s nationwide initiative to offer prospective homebuyers access to mortgage
origination solutions where they shop within their community.
The third Walmart-based
in-store branch Lenders One location opened today in the Orlando, FL and is powered by Family First Funding, LLC. Founded in 2011 and based
in Toms River, New
Jersey, Family
First Funding is 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,” said
Justin Demola
, CMB, President, Lenders One. “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 2022, two other Walmart-based
in-store branch Lenders One locations opened with Family First Funding in Newton, NJ and MLB Residential Lending, LLC in Boonton, NJ.
The Walmart branch in-store
opportunity helps Lenders One members diversify their business model with retail foot traffic in geographical areas
in which they may not normally have a presence. Walmart customers can enjoy the convenience of being able to apply
for or inquire about borrowing options face-to-face with a personal touch, in the same place they do their regular
shopping and receive other in-store services.
About Lenders One
Cooperative
Established in 2000, Lenders One Cooperative is a national alliance of 250+ mortgage
bankers and a network of innovative proprietary solutions, technology, and 90+ solutions providers and capital
markets providers, committed to propelling profitability, efficiency and connections for its members. Lenders One is
dedicated to helping independent mortgage bankers, banks and credit unions compete in the market, improve their
profitability and reduce loan manufacturing costs. Participants on the Lenders One platform originated greater
than $700 billion of mortgages during 2021, collectively
ranking as the largest retail mortgage entity in the U.S. Lenders One is managed by a subsidiary of Altisource Portfolio Solutions S.A.
Visit www.lendersone.com for
learn more.
About Altisource®
Altisource Portfolio Solutions S.A.
(NASDAQ: ASPS) is an integrated service provider and marketplace for the real estate and mortgage industries.
Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the
ever-changing markets we serve. Additional information is available at altisource.com.
Source: Altisource Portfolio Solutions
S.A.
Altisource Portfolio Solutions
S.A.
