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Synergy Direct Mortgage

Synergy Direct Mortgage Delaware Mortgage Refinance and Purchase

Synergy Direct Mortgage is Delaware's Premier mortgage company offering the absolutle lowest rates available.

Mutual of Omaha's Synergy One set to acquire assets of BBMC Mortgage

The news comes about a month after Bridgeview's other retail mortgage operation, Bemortgage, announced it will become a part of CrossCountry Mortgage .

"BBMC has built an impressive team and we are a strong cultural fit — with both firms committed to a relentless drive toward an exceptional customer experience through the combination of talent, technology and digital marketing expertise. We are excited by the potential this transaction offers to expand and serve more customers in the traditional and reverse mortgage markets," Synergy One CEO Terry Connealy said in a press release.

BBMC provides a suite of financing services from traditional to reverse mortgage products through a network of loan officers and direct sales channels. Their mission to support borrowers mirrors that of Synergy One, according to BBMC.

"Synergy One and Mutual of Omaha Bank put their customers first," said Jeff Gennarelli, President of BBMC Mortgage. "I'm confident this will be an excellent fit for our mortgage customers and employees.

Synergy One to Acquire Midwest-Based Lender BBMC

“The impact of combining these organizations is impressive,” said Terry Connealy, president at Mutual of Omaha. “It is unusual for market timing, talent and strategic direction to align in such a compelling manner and we’re excited by the possibilities that lie ahead.”

A division of Bridgeview Bank, BBMC provides both traditional and reverse mortgage products via its direct sales channel and loan originator network. Synergy One leadership touted BBMC’s marketing and origination team in its announcement of the deal, noting the access to a wider forward network as being a beneficial byproduct for reverse mortgage product marketing.

“This strategic acquisition broadens our team of originators, who will educate the clients and deliver the reverse mortgage to the appropriate clients,” Synergy One President Torrey Larsen tells RMD in an email. “As we have been saying for the last several years, the ‘Forward’ originators provide the greatest opportunity to expand the overall reverse market, specifically around the H4P product. We have created a plan in which our reverse and forward originators work as teammates and collectively grow their referral partners/networks together.”