Revenos Mortgage Will Launch in Early 2027
Newrez and eXp Realty are partnering to offer new mortgage products and dedicated loan officer support for homebuyers.
Updated on Oct. 9, 2026 in Residential
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Real estate brokerage eXp Realty and mortgage lender Newrez will debut a joint venture company, Revenos Mortgage, in early 2027. The collaboration aims to streamline the homebuying process by providing eXp agents and their clients with integrated financing options and dedicated loan support.
Why it matters
The partnership is designed to scale mortgage operations by connecting home shoppers directly to Newrez's lending infrastructure. By embedding dedicated loan officers within the eXp brokerage network, the venture seeks to improve service delivery and simplify the logistics of securing a home loan.
Newrez produced $31.3 billion in mortgage originations in the first half of 2026, an 11.5% increase year over year. These figures underpin the capacity of the partnership, which builds on eXp Realty's 2025 performance of 340,000 transaction sides and $150 billion in sales volume.
The players
eXp Realty
A major real estate brokerage firm that recorded over $150 billion in sales volume in 2025.
Newrez
The sixth-largest U.S. mortgage lender, which currently operates approximately 16 joint ventures.
Revenos Mortgage
A forthcoming joint venture between eXp Realty and Newrez intended to provide integrated home financing.
Success Lending
An existing joint venture mortgage company operated by Newrez that produced $526.5 million in volume in 2025.
The details
Revenos Mortgage will utilize the Revenos referral engine, which generated 7,806 closings and $70 million in gross commission income in 2025. The venture provides eXp agents with mortgage technology support and maintains dedicated loan officers for buyers. This structure mimics Newrez's existing portfolio, which includes approximately 16 joint ventures, such as Success Lending, which originated $270 million in mortgages through early September 2026.
Timeline
2024: Success Lending produced $658 million in mortgage volume.
2025: eXp Realty recorded 340,000 transaction sides and $150 billion in sales volume.
First Half 2026: Newrez generated $31.3 billion in mortgage originations.
Early September 2026: Success Lending reached $270 million in year-to-date originations.
Early 2027: Revenos Mortgage plans to launch its operations.
The Home Front
The formation of Revenos Mortgage reflects a broader trend of integrating financing directly into the real estate brokerage experience. This move aligns with the industry movement toward capturing mortgage originations through dedicated joint ventures between lenders and large real estate networks.
Homebuyers working with eXp agents in the coming year should monitor if Revenos Mortgage becomes a preferred financing option for their specific transactions. Always compare loan terms from multiple lenders, including credit unions and local banks, before committing to a mortgage product.
The takeaway
The move suggests a tighter integration of financing and real estate sales services for consumers. Buyers should review their financing options early in the house-hunting process to ensure they are getting competitive rates regardless of the lender's affiliation with their real estate agent.
What happens next
Revenos Mortgage is scheduled to begin operations in early 2027.
Further reading
For more on the current housing landscape, visit Residential.
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Will specialized joint venture mortgage firms provide better financing options for buyers in 2027?
