The deal will combine GO Mortgage, headquartered in Columbus, Ohio, with PacRes Mortgage, a boutique lender based in Beaverton, Ore., that has specialized in serving the West for over two decades.
“This merger is a strategic move that blends our commitment to outstanding service and community support,” GO Mortgage CEO Michael Isaacs said in a Press release. “By uniting our unique capabilities and resources, we will achieve significant operational improvements and foster innovation.”
Post-merger, Isaacs will lead the combined company as CEO, while Stashin will join GO Mortgage’s board of directors. Melissa Stashin, president and co-founder of PacRes, will become president of the combined company.
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The executive team will also include Eric Wiley, of PacRes, as chief experience officer and Andrew Panagos, of GO Mortgage, as chief operating officer.