American Pacific Mortgage and Synergy One Lending merge

American Pacific Mortgage and Synergy One Lending announced a merger on June 5, 2026, creating a larger retail mortgage platform with about $14 billion in annual volume. The deal expands APM’s national reach, adds Synergy One CEO Steve Majerus as president, and is designed to boost technology, AI and product investment.

Why it matters: - The merger creates a larger national retail mortgage platform at a time when scale, technology and pricing power are becoming more important in lending. - APM said the deal strengthens its ability to invest in pricing, products, AI, technology, marketing and customer acquisition. - The combined platform is positioned to serve loan officers, referral partners, clients and communities with more infrastructure and broader product access.

What happened: - American Pacific Mortgage and Synergy One Lending announced a merger on June 5, 2026. - The transaction brings together two mortgage lenders into a scaled national retail lending platform. - The combined company’s annual production rises to about $14 billion. - The company said that figure places APM among the nation’s top retail mortgage lenders, based on Mortgage Executive Magazine’s 2025 rankings. - Synergy One Lending CEO Steve Majerus will join APM as president, subject to any necessary regulatory requirements. - Aaron Nemec will remain president of Synergy One Lending, which will operate as a division of American Pacific Mortgage.

The details: - APM said Majerus brings decades of leadership experience and a focus on technology, AI, platform innovation and production strategy. - APM said the merger expands its national footprint. - The structure allows Synergy One Lending to keep its brand identity while using APM’s DBA and divisional model. - APM said the combined platform will give loan officers and referral partners expanded product offerings, stronger infrastructure and more investment in technology and AI. - APM Chairman Ned Payant said the two companies share a commitment to operational excellence, customer service, culture and innovation. - APM was founded in 1996. - APM is licensed in 49 states, employs more than 2,900 people and operates nearly 300 branches nationwide. - APM is 49% employee-owned through an employee stock ownership plan. - Synergy One Lending is licensed in 49 states, employs 540 people and operates 65 branches nationwide.

Between the lines: - The merger reflects a broader industry push toward consolidation as lenders look for scale to compete in a tougher market. - Majerus said scale is becoming essential to win, especially for investment in pricing, products, AI and customer acquisition. - APM framed the deal as a culture fit as much as a financial move, signaling an effort to grow without losing an entrepreneurial operating style. - The preservation of Synergy One Lending’s brand suggests APM wants growth that keeps local identity and branch-level continuity intact.

What’s next: - The leadership transition will proceed as the companies integrate, with Majerus moving into the APM president role and Nemec continuing to lead Synergy One Lending. - The companies are expected to focus on innovation, operational integration and growth across retail lending channels. - The merger remains subject to any necessary regulatory requirements.

The bottom line: - APM is using the merger to get bigger, invest faster and compete more aggressively in retail mortgage lending while keeping Synergy One Lending’s brand and branch culture in place. - More information is available in American Pacific Mortgage’s announcement.