Go Mortgage and Pacific Residential Mortgage Merge to Form Leading National Mortgage Lender
Go Mortgage and Pacific Residential Mortgage Merge
On January 14, 2025, Go Mortgage and Pacific Residential Mortgage (PacRes) unveiled their strategic merger, aimed at creating a formidable presence in the mortgage lending sector. This amalgamation brings together Go Mortgage, a prominent player on the Midwest and East Coast, with PacRes, known for its outstanding services in the Pacific Northwest.
The newly combined entity will retain Go Mortgage's identity while also relocating its headquarters to Columbus, Ohio. This move is expected to expand its reach into new markets nationwide, significantly enhancing the company’s footprint. The merger promises to harness cutting-edge technology to improve services for borrowers, business partners, and team members alike.
Michael Isaacs, CEO of Go Mortgage, expressed enthusiasm about the merger, stating, "This merger represents a significant step forward in our mission to create a best-in-class mortgage company. With PacRes' strong foundation and our esteemed reputation in the Midwest and East Coast, we are uniquely positioned to serve customers across the nation. Our combined resources and new high-tech solutions—such as automated underwriting, pre-approvals, and disclosures—will drive efficiencies and elevate customer experience."
The merger stands out not only for its strategic implications but also for the operational efficiencies it aims to achieve. The union is set to create economies of scale that will lead to reduced costs and increased lending volumes, ultimately translating into competitive pricing and a broader array of mortgage products for consumers.
Melissa Stashin, President of PacRes, who will continue in her prominent role within the combined organization, emphasized the advantages of this union. "By joining forces, we are merging complementary strengths and developing a platform capable of scaling nationally while maintaining our hallmark of personal, relationship-based service," she noted. "Together, we're not just merging companies; we're creating a vision for the future of mortgage lending."
The new organization will come under a robust leadership framework featuring:
- - Michael Isaacs, CEO
- - Melissa Stashin, President
- - Andrew Panagos, COO
- - Eric Wiley, Chief Growth Officer
- - Casey Delinsky, SVP of Capital Markets
- - Dave Swecker, CFO
- - Lindsy Gwozdz, SVP of Compliance, General Counsel
This leadership team will spearhead efforts towards continued innovation and excellence, integrating state-of-the-art technology into their operations to refine the mortgage processing systems. These advancements promise to expedite services while increasing accuracy, thereby enhancing overall customer satisfaction.
The merger not only holds promise for internal efficiencies but also aims to elevate the standard of service provided to customers across the board. The commitment to leveraging technological advancements stands as a testament to the companies’ dedication to improving borrower experience in an evolving marketplace.
For anyone interested in learning more about this merger and the expectations for the newly combined entity, additional information can be found on Go Mortgage's official website.
About Go Mortgage
Go Mortgage is a full-service mortgage lender headquartered in Columbus, Ohio, well-known for its operations throughout the Midwest and East Coast, offering personalized mortgage solutions tailored to suit individual needs.
About Pacific Residential Mortgage (PacRes)
Headquartered in Portland, Oregon, PacRes has built its reputation on community-focused lending practices and an unwavering commitment to customer service, servicing the Pacific Northwest effectively.
Topics Financial Services & Investing）
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