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Sandy, Utah-based Academy Mortgage Corporation has announced the acquisition of Salt Lake City-based Republic Mortgage Home Loans. Republic Mortgage was founded in 1983 on the core values of integrity, service, passion and excellence. Republic Mortgage is focused on purchase (vs. refinance) business and on the professional and personal development of its mortgage originators, employees and referral partners. The company is also actively involved in giving back to its communities and donates a portion of each closing to local charities. Republic Mortgage currently operates 44 branches in 12 states with 350 employees.
“Republic Mortgage aligns well with the service-oriented and people-centric culture at Academy,” said Republic Mortgage President and CEO Scott Leishman. “We are confident that this partnership will greatly benefit our team members by providing them with additional resources and volume to enhance their capabilities moving forward.”
The acquisition of Republic Mortgage brings an additional element of scale, scope and talent to Academy, which will be instrumental in helping the organization achieve its corporate vision and mission.
“By joining forces with Republic Mortgage, we will be able to accelerate our opportunities for growth and, most importantly, our opportunities for each individual to push forward our vision to inspire hope, deliver dreams, and build prosperity,” said Academy President Adam Kessler.