KB Home has announced that it has entered into an agreement with Nationstar Mortgage, under which Nationstar will become KB Home's preferred mortgage lender. Under the agreement, Nationstar will offer a wide array of financing options and mortgage loan products to the company's homebuyers at all KB Home communities nationwide.
"We look forward to working with Nationstar and its group of professionals who are dedicated to providing exceptional customer service to our homebuyers," said Jeffrey Mezger, president and chief executive officer of KB Home. "Nationstar is a national lender that is capable of serving KB Home's homebuyers as we continue to help them fulfill the American dream of homeownership."
Nationstar Mortgage, headquartered in Lewisville, Texas, is one of the nation's leading mortgage services providers, and a lender offering FHA, VA, USDA, conventional conforming and nonconforming products directly to consumers. It is currently one of the largest non-bank mortgage servicers in the country with a portfolio of approximately $107 billion and 645,000 customers.
KB Home builds quality homes in 32 markets across the United States with a focus on providing choice and value to its customers. The agreement with Nationstar is intended to offer KB Home customers a seamless home buying experience, from purchase and mortgage application to picking up the keys to their new home.