Lenders One Opens Branded Mortgage Branch In Walmart

Lenders One Cooperative, a national alliance of independent mortgage bankers, banks and credit unions, and managed by a subsidiary of Altisource Portfolio Solutions S.A., has the grand opening of its second mortgage lender in-store branch location at a select Walmart store in Boonton, NJ. This initial launch is part of Lenders One’s nationwide initiative to offer prospective homebuyers access to mortgage origination solutions where they shop within their community.

The second Walmart-based in-store branch Lenders One location opened today in Boonton, NJ and is powered by MLB Residential Lending, LLC. MLB Residential Lending is passionate about assisting others in fulfilling the American Dream of homeownership, making the process as simple as possible. As a community-focused lender, MLB Residential Lending frequently and consistently contributes to the well-being of our communities, donating to charitable organizations and engaging in the growth and development of a fair market for homebuyers.

“Walmart has long been a trusted name for consumers, so seeing the branch in-store opportunity with Walmart come to fruition with MLB Residential Lending is an exciting move to connect lenders and borrowers at our second location in Boonton, NJ,” said Justin Demola, CMB, President, Lenders One. “The physical in-store presence at Walmart allows Lenders One members to connect with the local community and help them learn about the mortgage process, become mortgage ready and achieve the American Dream of homeownership.”

The objective is for Lenders One members to offer a suite of mortgage solutions, including purchase, refinance and home equity lines, to Walmart customers with a strong focus on consumer education, underserved markets and affordable homeownership.