Dallas-based Supreme Lending has reached a deal to acquire Michigan Mutual, Inc. (MiMutual), adding a wholesale platform and a presence in Michigan to its operations, sources told HousingWire.
Founded in 1999, Supreme Lending originated $3.8 billion over the past 12 months, with most of its volume concentrated in Texas, Florida and California, according to mortgage tech platform Modex. Approximately 70% of that production was for purchase loans.
As of Tuesday, the Nationwide Multistate Licensing System (NMLS) listed the company as having 702 sponsored mortgage loan officers and 193 active branches.
Supreme’s details ⇒
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