Farm Bureau Bank and loanDepot’s joint venture, Farm Bureau Mortgage, has expanded into 12 new markets.
According to its release, the mortgage joint venture now operates in Alabama, Arizona, Arkansas, Florida, Georgia, Iowa, Mississippi, Nebraska, North Carolina, South Carolina, Tennessee, and Texas. Farm Bureau Mortgage is the latest in a series of loanDepot’s joint ventures.
“Launching Farm Bureau Mortgage allows loanDepot to serve the financial needs of rural Americans with an established partner in Farm Bureau Bank who understands the lives and needs of those who are a part of the heart, soul, and fabric of America,” said Dan Peña, executive vice president of national joint ventures at loanDepot.