Union Home Mortgage (UHM), a rapidly growing independent mortgage banking company, has announced its acquisition of Nations Reliable Lending (NRL Mortgage). Headquartered in Houston, NRL's addition to UHM will significantly bolster the company’s presence, particularly in Texas and Southwest Ohio, while extending its business footprint across 48 states. This strategic acquisition is expected to accelerate UHM’s continued expansion and strengthen its position in key regional markets.
"All of us at Union Home are excited to welcome the wonderful mortgage professionals of NRL to our family," said Bill Cosgrove, CEO of Union Home Mortgage. "Our company lives by the mantra of 'Promises Kept,' which not only includes promises to our customers but to our employee partners. By coming together, we expand the reach of that promise even further, while continuing to foster a unique workplace culture in the mortgage industry. This partnership represents an exciting new chapter for both organizations."
In 2024, Nations Reliable Lending closed $1.091 billion in lending, contributing to Union Home Mortgage's total of $7.6 billion in lending for the same year. This acquisition further enhances UHM's already substantial market presence.
"NRL's mission has always been to provide reliable service to our customers, partners, employees, and communities," said Mewael Ghebremichael, CEO of Nations Reliable Lending. "Joining forces with UHM feels right, because we know they care as much as we do about working as a team for the betterment of our borrowers. We'll be able to make an even more meaningful impact by coming together, and we can't wait to get started."
The acquisition aligns both companies' long-term goals and reinforces their shared commitment to delivering outstanding service and fostering strong workplace cultures.
