Union Home Mortgage Acquires Nations Reliable Lending
Strengthens Presence in Texas and Southwest Ohio
STRONGSVILLE, Ohio, March 3, 2025 /PRNewswire/ -- Union Home Mortgage (UHM), a high-growth independent mortgage banking company with a world-class culture, announced today its acquisition of Nations Reliable Lending, also known as NRL Mortgage. Based in Houston, the acquisition of NRL will strengthen Union Home Mortgage's existing reach across their 48-state business footprint, particularly in Texas and Southwest Ohio.
"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 Mortgage closed $1.091 billion in lending in 2024, which will add to the $7.6 billion in lending UHM closed last year.
"NRL's mission has always been to provide reliable service to our customers, partners, employees and communities," said 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."
Both organizations prioritize company culture, and find common ground in their core values, such as communication, accountability, and empowering their customers and colleagues. Regionally, NRL has been named a Top Workplace by the Houston Chronicle in 2024, while Union Home Mortgage has been named a Top Workplace by the Plain Dealer for ten years in a row. Both have also been named nationally to the USA Today Top Workplaces List.
About Union Home Mortgage
Union Home Mortgage Corp. (UHM) is a high-growth, full-service retail, wholesale, and consumer direct independent mortgage banking company with branches across the U.S. in 48 states + D.C. UHM is an in-house loan servicer offering world-class customer service through high touch communication & technology. A privately held family business, with a collaborative culture that stands out in the mortgage industry, UHM Partners (employees) are guided by a Code of Conduct that emphasizes respect, open communication, and accountability. All these principles translate to industry-leading customer retention and satisfaction. Some honors include being one of USA Today's Top Workplaces and a Ten-Year Northeast Ohio Top Workplace.
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SOURCE Union Home Mortgage