LoanDepot partners with Farm Bureau Bank

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LoanDepot.com LLC, a subsidiary of LoanDepot Inc., and Agricultural Bureau Bank announced a new joint venture, Farm Bureau Mortgage. Based in Reno, Nevada, Farm Bureau Bank is a federally chartered savings bank, offering a variety of products including checking accounts, auto loans, credit cards, and business services. Farm Bureau Bank, which opened in 1999, currently serves local farm offices and their members in 45 states.

“As a US lender, we are delighted to create this unique partnership with Farm Bureau Bank,” said Dan Peña, Executive Vice President of National Joint Ventures for LoanDepot. “Farm Bureau Bank is dedicated to serving the financial needs of rural Americans across the country and understands the unique lifestyles of its Farm Bureau members. LoanDepot understands the importance of the home and is also committed to providing our customers with the the personalized service they desire as they navigate one of the most important events of their life: buying or refinancing their home. ”

Dominique deorio will serve as President of Farm Bureau Mortgage.

“Farm Bureau members will greatly benefit from this partnership,” said Deorio. “LoanDepot is known to exceed customer expectations at every step of the home loan process, and Farm Bureau Mortgage will ensure a level of excellence and care that Farm Bureau members expect.”

This partnership is LoanDepot’s latest, after the recent partnership with LGI Homes, LGI Mortgage Solutions.

“Our goal has been and remains to provide our members with an optimal banking experience,” said Guillaume Hileman, President and CEO of Farm Bureau Bank. “Farm Bureau Mortgage brings great value to our clients, and LoanDepot’s technology ensures a simple and seamless transaction that will allow them to achieve their dreams of homeownership on their terms.”



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