Multichannel mortgage lender Lower announced on Wednesday that it has acquired Acopia Home Loans, expanding its footprint across the Southeast and adding more than $425 million in annual loan production.

The acquisition brings 14 branch locations and 36 mortgage originators to Lower, which describes itself as one of the fastest-growing, fintech-driven homeownership platforms.

The deal follows a period of rapid expansion for Lower, including the launch of a West Coast division in December led by Gino Fronti as the company continues to invest in geographic growth and talent across the country.

The company also announced an acquisition of real estate portal Movoto from parent details ⇒

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