Strongsville, Ohio-based Union Home Mortgage (UHM) has acquired Houston-headquartered Nations Reliable Lending, also known as NRL Mortgage.
The financial terms of the deal were not disclosed. NRL Mortgage closed over $1 billion in lending in 2024 while UHM closed last year with $7.6 billion in lending.
“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 further, while also continuing to build a unique workplace culture in the mortgage industry.”
“NRL’s mission has always been to provide reliable service to our customers, partners, employees and communities,” added 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.”
