The deal will mix GO Mortgage, headquartered in Columbus, Ohio, with PacRes Mortgage, a boutique lender primarily based in Beaverton, Ore., that has specialised in serving the West for over 20 years.
“This merger is a strategic transfer that blends our dedication to excellent service and group assist,” GO Mortgage CEO Michael Isaacs mentioned in a Press launch. “By uniting our distinctive capabilities and sources, we’ll obtain important operational enhancements and foster innovation.”
Submit-merger, Isaacs will lead the mixed firm as CEO, whereas Stashin will be a part of GO Mortgage’s board of administrators. Melissa Stashin, president and co-founder of PacRes, will change into president of the mixed firm.
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The chief crew can even embody Eric Wiley, of PacRes, as chief expertise officer and Andrew Panagos, of GO Mortgage, as chief working officer.