"Highlands provides the scale, tools, and platform to take what we've created to the next level, while staying true to the way we've always done business."
Highlands Residential has acquired Equitable Mortgage, entering a key Midwestern market as lenders focus on acquisitions due to high mortgage rates and thin margins. Highlands aims to leverage Equitable's strong, relationship-driven business model for future growth. The deal allows Equitable to gain scale and technology while maintaining its local operating model. Highlands, founded in 2010, operates in 17 states and is a retail-focused lender. Equitable Mortgage has a smaller operation but a solid reputation built over three decades.
Read at www.housingwire.com
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