The Real Brokerage Inc., a technology-powered real estate brokerage, has purchased LemonBrew Lending, a home loan service.
LemonBrew Lending provides mortgage services across 20 states in the U.S. including Texas, California and Florida. The company operates as a mortgage brokerage, serving as an intermediary between borrowers and lenders. In some states, LemonBrew Lending is licensed as a lender, providing Real with the ability to expand its mortgage services. As part of the deal, Samir Dedhia, chief executive officer of LemonBrew Lending, will be joining the team at Real.
“I am excited to welcome Samir and the team to Real. LemonBrew Lending will play a meaningful role in achieving our vision to reimagine what home buying can be,” says chairman and chief executive officer of Real, Tamir Poleg. “With LemonBrew Lending’s current mortgage capabilities and future lending potential, we can now layer in another key building block to our consumer-facing strategy and take a significant stride towards developing a frictionless home buying experience.”