CHESTERFIELD — Local homebuilder McBride Homes has created a new mortgage company to assist new construction homebuyers. Â
The new company, HomeKey Mortgage, is a joint venture between the Chesterfield-based homebuilder and Golden Oak Lending of Maryland Heights. HomeKey will have an office in Chesterfield and Maryland Heights, according to a release.Â
“HomeKey Mortgage will not be distracted by refinancing or resale business,†McBride Homes President Jake Eilermann said in a statement. “This joint channel exists purely to help homebuilders and new construction homebuyers. HomeKey is 100% focused on that transaction and the thousands of transactions to follow.â€
McBride Homes has 40 "active communities" around the region and closed 892 homes last year, according to a release. Golden Oak Lending has funded over $10 billion in home loans.
The current average 30-year fixed mortgage interest rate is 6.85%, according to Bankrate.
A selection of photos from 2022 by Laurie Skrivan, who has covered 51ºÚÁÏ from nearly every angle as a Post-Dispatch staff photographer since 1998. She won the 2017 Robert F. Kennedy Journalism award domestic photography and was a member of the 2015 Breaking News Photography Prize awarded to the 51ºÚÁÏ photography staff.