In March, Lenders One Cooperative announced it will lease space at select Walmart stores so homebuyers can access mortgage origination solutions where they shop in their community. On Friday, the lending cooperative announced the grand opening of its first three mortgage lender in-store branch locations at Walmart stores in New Jersey and Florida.
The first in-store branch Lenders One location opened Oct. 7 in Newton, N.J., and is powered by Family First Funding LLC. Founded in 2011 and based in Toms River, N.J., Family First Funding is a retail mortgage lender licensed to do business in 35 U.S. states and the District of Columbia. It offers solutions to residential and business customers, with a mission to provide clients with fair and reasonable rates and costs, as well as educating their clients throughout the process, the company said.
Another two in-store locations will open in the next 30 days — in Orlando, Fla., powered by Family First Funding, and in Boonton, N.J., powered by MLB Residential Lending LLC. MLB Residential Lending is based in Springfield, N.J., and serves the lending needs of homebuyers, homeowners, real estate professionals, and builders, it said.
