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PrimeLending® Works with SimpliSafe® to Offer Award-Winning Home Security System to First-Time Homebuyers

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PrimeLending has announced a strategic partnership with SimpliSafe to provide first-time homebuyers with a no-cost 7-piece home security system. Eligible customers who finance their mortgage through PrimeLending will receive the security system as a welcome gift, which includes essential components like HD cameras and motion sensors. This offer is valid for loans applied for by March 31, 2022 and closed by June 30, 2022. The collaboration aims to enhance homeownership experience and safety for new homeowners.

Positive
  • Strategic partnership with SimpliSafe enhances customer offerings.
  • No-cost security system improves customer appeal for first-time homebuyers.
  • Offer valid until June 30, 2022, providing urgency for potential clients.
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DALLAS--(BUSINESS WIRE)-- PrimeLending, a national mortgage lender, and SimpliSafe®, maker of award-winning home security systems, today announced a strategic partnership to offer first-time homebuyers preventive smart home protection to celebrate and protect their monumental purchase. Through this strategic partnership, PrimeLending is giving first-time homebuyers who finance their mortgage through the company a no-cost 7-piece home security system from SimpliSafe, the perfect “welcome home” gift to mark a simple and safe start to homeownership.1 The system will include key components including the SimpliCam® HD camera, a motion sensor and entry sensors, as well as two complimentary months of SimpliSafe’s most comprehensive 24/7 professional monitoring.2

PrimeLending is giving first-time homebuyers who finance their mortgage through the company a no-cost 7-piece home security system from SimpliSafe. SimpliSafe offer valid only for first-time homebuyers who apply for a home loan by March 31, 2022 and who close the loan by June 30, 2022 with PrimeLending. Not valid with any other offers and while supplies last. SimpliSafe monitoring rates subject to change. Terms of Sale and all other applicable SimpliSafe Terms and Condition apply and can be found at https://simplisafe.com/terms-sale. PrimeLending and SimpliSafe are not affiliated. (Photo: Business Wire)

PrimeLending is giving first-time homebuyers who finance their mortgage through the company a no-cost 7-piece home security system from SimpliSafe. SimpliSafe offer valid only for first-time homebuyers who apply for a home loan by March 31, 2022 and who close the loan by June 30, 2022 with PrimeLending. Not valid with any other offers and while supplies last. SimpliSafe monitoring rates subject to change. Terms of Sale and all other applicable SimpliSafe Terms and Condition apply and can be found at https://simplisafe.com/terms-sale. PrimeLending and SimpliSafe are not affiliated. (Photo: Business Wire)

“Buying a home, especially for the first time, is a monumental milestone and we are thrilled to offer this special gift to celebrate the achievement,” said Cheryl Hayes, Senior Vice President of Marketing for PrimeLending. “We’re proud to deliver our customers the confidence and peace of mind that comes from knowing they’ve made the right financial decision, and the SimpliSafe home security system is a great compliment.”

PrimeLending and SimpliSafe are committed to providing customers with a safe space that they can call home. Award-winning SimpliSafe hardware and professional monitoring coupled with the straightforward, empowering mortgage experience from PrimeLending will make this partnership a clear win for eligible PrimeLending customers.

“At SimpliSafe, we believe there is no better time to start thinking about home protection than the day you move into your first home,” said Phil Mark, Sr Manager, Business Development & Partnerships at SimpliSafe. “That’s why we’re thrilled to partner with PrimeLending to put expert home security technology and monitoring in the hands of new homeowners.”

For more information about the partnership, please visit PrimeLending.com or SimpliSafe.com.

ABOUT PRIMELENDING

PrimeLending, a PlainsCapital Company, is a national home lender combining personal guidance and local expertise with fast service, more mortgage options and the flexibility to meet homeowners’ unique needs. We’re focused on empowering our customers to boldly pursue their homeownership goals, whether they’re looking to buy, refinance or renovate a home. The PrimeLending team works alongside our customers in all 50 states, helping them make informed home financing decisions and have a rewarding experience along the way. Delivering on this promise for more than 30 years, we’re proud to consistently earn a 96% customer satisfaction rating3. PrimeLending is a wholly owned subsidiary of PlainsCapital Bank, which in turn is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH). More information at PrimeLending.com. Equal Housing Lender.

ABOUT SIMPLISAFE

SimpliSafe fundamentally changed the alarm industry, pioneering a new way to make home the safest place on earth for everyone. Founded in 2006, SimpliSafe now protects millions of people and is committed to its founding goal: to make every home secure. SimpliSafe has been coined the number one home security pick by several highly-esteemed publications and was recently awarded in multiple categories for "Best Home Security Systems of 2021" by U.S. News & World Report.

1 SimpliSafe offer valid only for first-time homebuyers who apply for a home loan by March 31, 2022 and who close the loan by June 30, 2022 with PrimeLending. Not valid with any other offers and while supplies last. SimpliSafe monitoring rates subject to change. Terms of Sale and all other applicable SimpliSafe Terms and Condition apply and can be found at https://simplisafe.com/terms-sale. PrimeLending and SimpliSafe are not affiliated.

2After the initial two-month period, customers in the program will pay for professional monitoring, which starts at $14.99 per month. Subject to change.

3Survey administered and managed by an independent third party following loan closing. 96% satisfaction rating refers to the average rating our customers have given our loan officers for the period 01/01/20-12/31/20.

All loans subject to credit approval. Rates and fees subject to change.

© 2021 PrimeLending, a PlainsCapital Company. (NMLS: 13649) Equal Housing Lender

Mandy Jordan

972/852-8235 | mjordan@primelending.com

Source: PrimeLending

FAQ

What is the PrimeLending and SimpliSafe partnership about?

The partnership aims to provide first-time homebuyers with a no-cost 7-piece home security system when financing their mortgage through PrimeLending.

What are the eligibility requirements for the PrimeLending offer?

First-time homebuyers must apply for a home loan by March 31, 2022, and close the loan by June 30, 2022.

What components are included in the SimpliSafe security system offered?

The system includes an HD camera, motion sensor, entry sensors, and two months of professional monitoring.

What is the significance of the offer for PrimeLending's business?

This offer is designed to attract first-time homebuyers and enhance PrimeLending's market position.

How does this partnership affect Hilltop Holdings Inc. (HTH)?

While the partnership may enhance customer engagement for PrimeLending, its direct impact on HTH's stock is not explicitly addressed in the PR.

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