General World News

Jet HomeLoans acquires Cherry Creek’s securitization, servicing operations

Jet HomeLoans, the mortgage arm of publicly traded homebuilder Dream Finders Homes, has acquired Cherry Creek Mortgage LLC. The deal, which closed on March 4, should provide Jet HomeLoans with greater secondary execution it can use to help homebuyers with affordability, an executive told HousingWire.

Cherry Creek’s salesforce was acquired by Guild Mortgage in March 2023, but its securitization and servicing platforms were not included in that transaction. The seller of the securitization and servicing platforms was listed as Cherry Creek Holdings. Financial terms of the deal were not revealed.

“Cherry Creek is a Freddie- and Ginnie-approved lender and details ⇒

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