NexBank has established NexBank Mortgage through a partnership with The Funding Source (FS), a residential mortgage operation in Dallas. The creation of the new residential mortgage division allows NexBank to help customers and clients meet all their financial needs.
FS has said that this partnership allows NexBank greater gains of scale in originating loans, as it joins its current commercial and wholesale mortgage lending activity with the residential mortgage operation. FS also has a mortgage technology platform that allows NexBank consumers to simplify the mortgage application process online, while still receiving service from local experts.
Davis Deadman, president and CEO of NexBank, said: Together we have the capability to offer consumers outstanding knowledge of the local market, expertise in crafting custom loan decisions and assurance to provide mortgages of nearly any amount.
Tish Ashley, founder of FS and now vice president of residential mortgage division of NexBank Mortgage, said: “NexBank is a strong financial institution in North Texas. The combination of The Funding Source and NexBank creates a powerful mortgage franchise. Our customers will benefit as we offer a more competitive position with faster turn-around as well as the ability to accommodate personal mortgages of nearly any amount, a key area of growth for NexBank.”
