eXp Realty and Newrez Will Launch Revenos Mortgage
The new joint venture plans to provide mortgage products and technology support to eXp agents starting in early 2027.
Updated on Oct. 9, 2026 in Residential
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eXp Realty and the mortgage lender Newrez have formed a joint venture called Revenos Mortgage to scale operations. The new entity is scheduled to launch in early 2027.
Why it matters
The partnership aims to leverage eXp's massive independent agent network while utilizing Newrez's servicing capabilities to improve the homebuying experience. By integrating dedicated loan officers, the venture seeks to provide streamlined mortgage support for agents and their clients.
Newrez, the sixth-largest U.S. mortgage lender, recorded $31.3 billion in originations in the first half of 2026, an 11.5% year-over-year increase. In 2025, eXp Realty facilitated over 340,000 transaction sides totaling $150 billion in sales volume.
The players
eXp Realty
This is a prominent cloud-based real estate brokerage firm that operates a large network of independent agents across the United States.
Newrez
Newrez is a major national mortgage lender and servicer that maintains numerous joint ventures within the housing industry.
The details
The joint venture provides eXp agents with mortgage products and technology support through dedicated loan officers. This move builds on the success of previous ventures like Success Lending, which originated $270 million in mortgages through early September 2026.
Timeline
Success Lending produced $658 million in mortgages in 2024.
eXp recorded 340,000 transaction sides during 2025.
Newrez produced $31.3 billion in mortgage originations in H1 2026.
Success Lending originations hit $270 million in early September 2026.
Revenos Mortgage is scheduled to launch in early 2027.
Roadmap
This partnership reflects a growing shift where real estate brokerages seek to capture a larger share of the mortgage market through integrated services. The move positions eXp to better compete by controlling more of the transaction process alongside a top-tier mortgage partner.
Homebuyers working with eXp agents may soon see streamlined financing options and dedicated loan support through the new Revenos platform. The venture aims to simplify the mortgage process, potentially reducing the time required to secure funding during a real estate transaction.
The takeaway
Integrated mortgage ventures allow brokerages to offer end-to-end service for clients under a single brand umbrella. Interested homebuyers should inquire with their real estate agent about potential financing partnerships available through their specific brokerage.
Further reading
For more context on how brokerages are expanding their services, visit Residential.
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Will specialized joint venture mortgage firms provide better financing options for buyers in 2027?
