From GlobeNewswire: 2025-05-19 13:00:00

Security National Financial Corporation successfully concluded a lending transaction for the Arrowhead Ranch residential project in Utah, resulting in nearly $4,000,000 in profit-split income. This transaction, initiated in 2021, involved over 500 planned residential units on a 162-acre parcel. The company believes this return on investment surpasses that of competing general debt offerings and strengthens its residential mortgage segment. The profit split will be reinvested in similar transactions to enhance the company’s asset base. CEO Scott Quist expressed confidence in the company’s lending capabilities and collaboration with local developers to structure attractive loan terms.



Read more at GlobeNewswire: Security National Financial Corporation (NASDAQ: SNFCA)