LenderMAC Forms Strategic Alliance with Ares
LenderMAC, also known as Bridgeway Lending Partners LLC, has recently forged a significant partnership with Ares Alternative Credit funds. This collaboration marks a pivotal moment in LenderMAC's journey, focusing on expanding its mortgage origination capabilities and Non-QM products. The partnership includes a structured debt investment and purchasing arrangements, enabling Ares to acquire a substantial portion of LenderMAC's Non-QM production. This strategic move is a testament to LenderMAC's ongoing growth initiatives under the leadership of CEO Kenny Jo.
The Vision Behind the Partnership
Kenny Jo, the Owner and CEO of LenderMAC, expressed excitement about this collaboration, stating, "At LenderMAC, we are committed to offering efficient mortgage solutions. Partnering with Ares not only allows us to broaden our product offerings but also facilitates an expansion of our customer base while keeping homeowner costs down." This partnership aims to solidify LenderMAC's position as a leading provider of mortgage solutions across the nation.
Growth Journey of LenderMAC
Founded in 2021 and undergoing a transformative acquisition in May 2025, LenderMAC has made significant progress in a relatively short time. Since its acquisition, the company has experienced remarkable milestones, such as establishing a fully operational wholesale channel and extending its lending reach to over 20 states. Additionally, LenderMAC has successfully funded its first $100 million in loans, showcasing its effective growth strategies and operational success.
Innovative Technology Enhancements
One of the key areas of focus for LenderMAC has been the refinement of its AI platform. The introduction of tools like a bank statement analyzer and various AI-driven initiatives aims to enhance operational efficiency and simplify the loan application process for customers. These technological advancements play a crucial role in LenderMAC's strategy to meet the dynamic needs of the mortgage market.
Looking Ahead: The Future of LenderMAC
With the recent partnership with Ares, LenderMAC is gearing up to accelerate its growth trajectory in the coming years. The collaboration is expected to open new avenues for business development and enhance LenderMAC's ability to provide innovative mortgage solutions. As Michael Flynn, Managing Director at Ares, noted, "We are eager to work closely with LenderMAC's management team to leverage the abundant opportunities that lie ahead." This alliance is set to foster mutual growth and create an environment that supports innovation and customer satisfaction.
Legal Counsel Representation
The partnership was supported by legal counsel from Mayer Brown LLP, representing LenderMAC, and Winston & Strawn, assisting Ares in this significant agreement. The legal teams played a crucial role in ensuring that the terms of this strategic relationship are mutually beneficial and supportive of future objectives.
About LenderMAC
Bridgeway Lending Partners LLC d/b/a LenderMAC is a privately held mortgage company located in Cypress, California. LenderMAC specializes in offering a full range of mortgage products tailored to meet the evolving demands of the market. By focusing on innovation and growth, LenderMAC empowers wholesale lenders and correspondent partners through its comprehensive lending solutions.
Frequently Asked Questions
What is the significance of LenderMAC's partnership with Ares?
This partnership enhances LenderMAC's ability to expand its mortgage product offerings and supports its growth initiatives through strategic capital investment.
When was LenderMAC founded?
LenderMAC was founded in 2021 and was acquired in May 2025, marking the beginning of its rapid growth and expansion.
What milestones has LenderMAC achieved since its inception?
Since its establishment and acquisition, LenderMAC has funded over $100 million in loans and expanded its lending footprint to more than 20 states.
How does LenderMAC integrate technology into its services?
LenderMAC refines its AI platform, incorporating tools like a bank statement analyzer to enhance operational efficiency and simplify the loan process.
Who provided legal counsel for the strategic partnership?
Mayer Brown LLP represented LenderMAC, while Winston & Strawn served as legal counsel for Ares during this partnership agreement.