DRB Group Partners with Alta Home Lending to Launch DRB Home Loans in the West
DRB Group, one of the largest homebuilders in the U.S., has selected Alta Home Lending as its mortgage joint venture partner for a new initiative called DRB Home Loans. The partnership will serve homebuyers across Texas, Colorado, and Arizona. Following an extensive due diligence process, DRB chose Alta after receiving positive feedback from builder references regarding their performance history and flexibility in structuring the joint venture around DRB's operational needs. Alta’s CEO Andrina Valdes emphasized that each joint venture is tailored to meet specific builder requirements such as forward commitments or incentive costs. The partnership reflects a growing trend among builders seeking more transparent mortgage partners with better execution and sales support. Alta, which has previously partnered with several top homebuilders on the Builder 100 list, aims to scale alongside its new partner.
Topics: joint_venture mortgage_lending real_estate