Vivint and a new American financing partner to help borrowers protect their dream homes
Companies will offer connectivity and security services that benefit owners
PROVO, Utah, February 03, 2022–(BUSINESS WIRE)–Vivint Smart Home, Inc. (NYSE: VVNT), a leading smart home company, and New American Funding, one of the nation’s largest independent mortgage companies, are proud to announce a strategic partnership that will help homeowners and homebuyers secure their dream home.
Through this partnership, New American Funding customers will be able to receive unique and valuable offers from Vivint to protect and automate their home. Additionally, Vivint will help the new owner quickly set up home services such as Internet, TV, phone service, and more. Customers will also be able to receive a free Vivint Doorbell Camera Pro with installation – up to a $450 value – with the purchase of a Vivint smart home system. Vivint’s system was recently named “Best Professionally Installed Home Security System of 2021” by US News & World Report.
“New American Funding and Vivint also strive to help customers feel safe in their homes, which makes them an ideal partnership,” said Rick Arvielo, co-founder and CEO of New American Funding. “Supporting our customers is the most important part of what we do as a business. Vivint is the best business partner, and we believe this partnership is incredibly beneficial to our borrowers.”
“We are thrilled to partner with New American Funding to help more homeowners protect their most valuable asset,” said David Bywater, CEO of Vivint. “The first step many homeowners take after completing their home financing is ensuring it’s connected and secure, so partnering with New American Funding to make this process easier for their clients makes it a natural and exciting choice. .”
About New US Funding
New American Funding is an independent mortgage lender with a servicing portfolio of more than 221,000 loans for approximately $58.1 billion, 167 locations nationwide and approximately 4,500 employees. The company is a Mortgage Professional America 5-Star Retail Lender in 2021 and has made the Inc. 5000 list of America’s fastest-growing companies seven times. It offers industry-leading professional training and equips its in-branch loan officers with innovative technologies to streamline the mortgage lending process.
About Vivint Smart Home
Vivint is a leading smart home company in North America. Vivint offers an integrated smart home system with in-home consultation, installation and professional support from its smart home professionals, plus 24/7 customer service and monitoring. Dedicated to redefining the home experience with smart products and services, Vivint serves more than 1.8 million customers. For more information, visit https://www.vivint.com.
Note on forward-looking statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the potential benefits to customers of the strategic partnership between Vivint Smart Home and New American Financing. Generally, statements that are not historical facts, including statements regarding possible or suspected future actions of the Company, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded, followed by or include the words “believes”, “believes”, “expects”, “plans”, “plans”, “may”, “will”, “should”, “seeks”, “plans”, “expected”, “anticipates” or “intends” or similar expressions. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are not should not be construed as a guarantee of future performance or results, and they will not necessarily be precise indications of the times at which or by which such performance or results will be achieved, if any. These statements are based on current expectations and assumptions. regarding future events and business performance as of the date of this press release, and are subject to risks and uncertainties, including those discussed in Part I, Item 1A “Risk Factors” in Vivint Smart Home’s Amendment No. 1 to its Annual Report on Form 10-K/A for the fiscal year ended December 31, 2020, filed with the Securities and Exchange Commission (the “SEC”) on May 12, 2021 ( the “Form 10-K/A”), as these factors may be updated from time to time in Vivint Smart Home’s periodic filings with the SEC, which could cause actual performance or results to differ materially from those expressed or implied by the forward-looking statements. Although Vivint Smart Home believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee that the results, levels of activity, performance or future events and circumstances reflected in these statements will be achieved or will occur, and the actual results could differ materially from those anticipated or implied in the forward-looking statements. Except as required by law, Vivint Smart Home does not undertake and expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. You should read the documents Vivint Smart Home has filed with the SEC, including Form 10-K/A and other periodic Vivint Smart Home filings, for more complete information about Vivint Smart Home. These documents are available both in the EDGAR section of the SEC’s website at www.sec.gov and in the Investor Relations section of the Vivint Smart Home website at www.vivint.com .
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220202006026/en/
Vivint smart home
Sr. Public Relations Manager
Vivint Investor Relations Contact
Vice President, Investor Relations
New US funding
Executive Vice President of Marketing