LoanDepot Launches New Joint Venture in Florida, Texas

Dow Jones

Feb 06, 2025

By Chris Wack

LoanDepot said it is forming a new joint venture with Onx Homes, a Texas-based homebuilder, to provide streamlined financing options to new home buyers in Florida and Texas.

The company, which provides home-buying products and services, said the new venture is called Onx X+ Mortgage.

The new venture will use technology from both companies to help customers build or buy homes, and provide mortgage options, aiming for first-time home buyers.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

February 05, 2025 11:07 ET (16:07 GMT)

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