This article discusses On Q Financial and its strategy to be a U.S. leader in the mortgage industry. On Q has made a number of acquisitions in the past decade, including Cornerstone Home Lending, Skyline Financial, and Celebrity Financial. After the acquisition of Celebrity Financial, On Q is now the mortgage industry leader in the U.S.
The strategy of On Q is to acquire companies and brands that serve as key industry leaders in both market share and operational success. Over the past decade, On Q has taken this approach with eight mortgage-service companies, helping them to increase their presence in the industry and overall growth.
The acquisition of Celebrity Financial served as an important milestone for On Q. Celebrity Financial, a subsidiary of the $50 billion Caliber Home Loans, is one of the most successful brands in the mortgage industry. Its success can be attributed to its strong customer service record and its streamlined online mortgage experience.
On Q has become the largest independently-owned mortgage services provider in the U.S., showing that their acquisition strategy was successful. Their mission is to enable people to reach their financial goals through homeownership and provide an affordable, quality experience for their customers. As the leading mortgage services provider in the U.S., On Q is positioned to continue growing in the coming years.
You can read this full article at: https://www.housingwire.com/articles/on-q-financial-about-celebrity-theres-nothing-left-to-acquire/(subscription required)
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