Mutual of Omaha Bank launches Texas mortgage operation – NMP Skip to main content

Mutual of Omaha Bank launches Texas mortgage operation

Oct 31, 2009

Mutual of Omaha Bank has launched a mortgage lending operation in Texas and appointed John V. Kelly III as Texas region manager of residential mortgage sales, the company announced. Based in Dallas, Kelly will lead the bank’s mortgage team in offering a comprehensive portfolio of home financing solutions statewide, including conventional, FHA and VA loans, jumbo loans, bridge notes, second liens and construction loans, including a one-time close product. “As we begin a significant expansion in Texas, our comprehensive portfolio of mortgage solutions will serve as a major driver of our growth,” said Robert Strong, president of Mutual of Omaha Bank’s Texas market. “I have complete confidence in John Kelly’s ability to establish Mutual of Omaha Bank as a leading mortgage lender in Texas. John is an experienced Texas banker who understands the unique needs of customers in these markets. He and his team will be offering a portfolio of financing solutions that are rare in today’s market.” Kelly brings more than 25 years of experience in mortgage banking, most recently serving as president and broker/owner of Advantage Residential Mortgage Company in Irving. Prior to that, he served as senior loan officer and production manager for North American Mortgage Company in Irving. Kelly is a graduate of the University of Texas, Arlington, where he earned his bachelor’s degree in Business-Finance and Real Estate. He has served on the JP Morgan Chase Broker Advisory Council and the JP Morgan Chase Home Equity Broker Advisory Council. For more information, visit www.mutualofomahabank.com. 
About the author
Published
Oct 31, 2009
Newrez Expands Into Personal Loans, Deepening Ties With Upgrade

The launch builds on a $1.5 billion loan investment relationship between parent Rithm Capital and Upgrade, extending Newrez's push beyond traditional mortgage lending

Nov 12, 2026
Better's Mortgage Volume Rises 15%, But Losses Persist

Better is targeting a bigger share of wholesale lending, with plans to expand into Non-QM and conventional mortgages

Nov 10, 2026
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026