Guild Mortgage, a retail lender, recently acquired First Centennial Mortgage, a privately-held Illinois-based lender with 15 branches. Guild has been buying up lenders to expand its reach into purchase mortgage-focused markets since December 2022.
This acquisition follows several other purchases completed by Guild in recent months. These include Inlanta Mortgage, Legacy Mortgage Corporation, and most recently, Certainty Home Loans. With the addition of First Centennial Mortgage, Guild is spread across 44 states. This major move further protects Guild’s foothold as one of the top mortgage lenders in the US, with servicing over $83 billion in housing loan origination and 465 operating offices since being founded in 1960.
In summary:
• Guild Mortgage acquired First Centennial Mortgage to expand its reach
• Previous acquisitions include Inlanta Mortgage, Legacy Mortgage Corporation, and Certainty Home Loans
• Guild operates in 44 states with 465 offices, servicing over $83 billion in housing loan origination since 1960
You can read this full article at: https://www.housingwire.com/articles/guild-mortgage-acquires-first-centennial-mortgage/(subscription required)
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