NextHome, the No. 1 real estate franchise, and CMG Financial, a national privately-held, mortgage banking firm, announce the launch of their new joint venture partnership, NextMortgage.
NextMortgage will launch with offices in Florida, South Carolina, North Carolina, and Kentucky first with plans to continue expansion throughout the United States. The company will be a collaborative partnership centered around the very best loan officers with a focus on culture, guidance, knowledge, and educating consumers to make empowered real estate decisions.
NextHome is the No. 1 franchise in the U.S. across all categories for 2020 based on customer satisfaction. Their ethos as a company has been to put humans first and trust that the business will follow and grow by providing exemplary service to their franchisees. NextHome plans to carry that same mindset and approach to the mortgage business, by building a company with the same principles.
“It’s rare to find a mortgage company that shares our same vision and principles, but after meeting the team at CMG Financial, we knew they were the right partner to create an entirely new mortgage experience for the NextHome membership,” said NextHome CEO James Dwiggins. “We’re truly excited at the prospect of developing a simpler, concierge-based real estate experience by combining the very best real estate agents and loan officers in the business.”
Similarly, CMG Financial thrives because of its loan officer-centric culture, with leadership working together to support branches on the local level and deliver the tools they need to succeed. One of the advantages of the joint venture partnership with CMG Financial is that loan officers will gain access to nationwide operations support plus proprietary products available exclusively to CMG and its affiliates.
First-time homebuyers can take advantage of HomeFundItTM, the down payment gifting platform, to accept and apply monetary gifts toward their down payment and buy a home sooner with a larger down payment.
Experienced homeowners may benefit from the All In One LoanTM, a first lien HELOC that combines mortgage financing and banking to help homeowners pay off their mortgage faster and reduce the lifetime cost of mortgage interest, all while maintaining access to home equity as needed.
“We are thrilled to be working with NextHome, a company that is dedicated to personalizing the real estate experience and believes in the individual over the deal. Here at CMG Financial, culture is crucial to the success of our company. Finding a like-minded partner helped shape the creation of NextMortgage – a new mortgage lender that is heavily focused on improving the overall home buying experience for all parties involved,” said Chris Harris, SVP Joint Venture Manager, the CMG Financial.