St. Louis homebuilder McBride & Son starts mortgage company

McBride & Son, the largest homebuilding company in the St. Louis area, has opened its own mortgage company, Groundwork Mortgage. McBride becomes the first homebuilder in the area to establish a mortgage subsidiary, joining a handful of large national companies in making the move.

Groundwork has five employees but should grow quickly, McBride said. The new company won’t require its borrowers to be McBride buyers, but those buyers will be Groundwork’s main focus.

Read more from the St. Louis Post-Dispatch


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