LenderMac agreed to acquire Direct Mortgage, aiming to expand its footprint and build multichannel lending capabilities.

Reported Friday, Oct 17 - 4:56pm EDT (TheFly subscription required to read more.)

LenderMAC has formed a strategic alliance with Ares to bolster its non-QM loan offerings and expand its market presence. This partnership aims for significant growth in mortgage solutions.

LenderMac agreed to acquire Direct Mortgage, aiming to expand its footprint and build multichannel lending capabilities.

LenderMAC entered a strategic relationship with Ares on October 17, 2025 under which Ares will purchase a significant portion of LenderMAC's Non-QM production and provide strategic capital to support origination and growth.Since new ownership in May 2025, LenderMAC expanded into more than 20 states, launched a fully operational wholesale channel, reached its first $100 million in funded loans, and refined AI tools including a bank statement analyzer. Legal counsel: Mayer Brown for LenderMAC and Winston & Strawn for Ares.