Our confidence in our team and our collective ability to execute couldn’t be higher,” Majerus said. “Aaron and I are sincerely grateful for the opportunity to lead Synergy One into the future.
Led by Synergy One CEO Steve Majerus and President Aaron Nemec, company leadership expressed significant optimism for the future of Synergy One in a press release announcing the purchase. Visit Diego, Calif.-based Synergy One Lending, which formerly included reverse mortgage lender Retirement Funding Solutions (RFS), announced this week the management-led asset purchase (MBO) of the company’s distributed retail channel and the Synergy One brand from Mutual of Omaha Mortgage. Ribbon is the leading real estate technology platform that empowers agents, brokerages, and lenders to create a world-class experience for home buyers and sellers through powerful financial products and digital workflow software.
Ribbon allows everyday families to compete on a level playing field with high net worth individuals and institutional buyers by upgrading their offers to winning RibbonCash Offers. įounded in 2017 in New York and Charlotte, Ribbon is on a mission to make homeownership achievable. Synergy One Lending is based in San Diego, CA, is currently licensed in 42 states and has Operational HUBS in Dallas, TX, Roseville, CA, Boise, ID and Denver, CO. “By partnering closely with a world-class lending company like Synergy One, we can collectively improve the homebuying process for qualified buyers - and ensure that everyone has a fair chance to win their dream home.”
“We designed Ribbon to empower the real estate ecosystem by supporting everyday people and families to compete in today’s market,” said Shaival Shah, CEO of Ribbon. Ribbon’s mission is to make home ownership achievable. The Synergy CASH Advantage program is powered by a partnership with Ribbon, the leading real estate technology platform empowering agents, brokerages, and lenders to create world class experiences for home buyers and sellers through powerful financial products. Synergy One’s CASH Advantage program eliminates the concern of contingencies that traditionally accompany finance offers.
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The ability for buyers to provide full transparency and certainty in their offer has become a competitive advantage. This is particularly helpful for first time buyers as they seek to enter their path to homeownership.”ĭue to the historically low inventory that many markets across the country are currently experiencing, multiple offer situations have become a common occurrence. The CASH Advantage program simply helps offers stand out among many other offers on a home. “Many clients experience a great deal of stress and frustration when they see their dreams dashed as their offers are not accepted-often on several occasions. “We felt it was important to bring this kind of innovative approach to our clients and the real estate community to bolster their chances that offers they make on homes will be winning offers,” said Steve Majerus, CEO of Synergy One Lending. Including CASH Advantage means the transaction will close on time.
By allowing buyers to leverage CASH Advantage when submitting purchase offers, Synergy One Lending clients bring a unique assurance to listing agents and their sellers.
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