National residential mortgage lender PrimeLending, a PlainsCapital Company and subsidiary of Hilltop Holdings Inc. (NYSE: HTH), and LifeLock, Inc. (NYSE: LOCK), the industry leader in proactive identity theft protection, announced today that the companies have entered into a new business relationship. As a result, PrimeLending will offer a 30-day free trial membership for LifeLock Standard™ to all customers who apply for a home loan and a six-month membership to LifeLock Standard for customers who close a loan with PrimeLending.
An estimated 16.6 million people, representing 7 percent of all persons age 16 or older in the United States, experienced at least one incident of identity theft in 2012, costing an estimated $25 billion. LifeLock provides proactive alerts to help identify potential threats before damage can be done. In the event that identity theft occurs, LifeLock provides award-winning resolution support.
Since 1986, PrimeLending has been dedicated to providing service beyond expectations to homebuyers. Offering fixed-rate, adjustable-rate, FHA, VA, USDA and jumbo home loans, refinancing and relocation programs, PrimeLending is licensed to originate and close loans in all 50 states and the District of Columbia.