TechMediaBreaks – BOXABL Inc. (NASDAQ: BXBL) Signs Letter of Intent With Warp Speed Holdings to Establish Mortgage Lending Joint Venture
BOXABL (NASDAQ: BXBL) announced that it has signed a nonbinding letter of intent with Warp Speed Holdings to establish a mortgage lending joint venture aimed at expanding financing options for buyers of its modular housing systems. Warp Speed Holdings brings experience in mortgage origination, construction financing and portfolio lending, with more than $2 billion in assets across its businesses and affiliates. The proposed venture would integrate financing into BOXABL's homebuying process, potentially offering construction-to-permanent loans, rate buydowns and financing for land purchases, site improvements, manufacturing, delivery and installation. The initiative is intended to address financing barriers for buyers of factory-built…