New venture will "will enable us to provide a seamless experience for our customers," says new CEO
GO Companies, the holding firm of GO Mortgage, has announced plans to create a one-stop-shop for mortgages, real estate, title, and other homebuying services.
GO Mortgage, formerly known as GSF Mortgage, is an independent mortgage bank operating in 36 states and the District of Columbia. In addition to the home lender, GO Companies has a controlling stake in 3 Degrees Realty, a residential brokerage, and a minority stake in MeyMax Title, a real estate title insurance company. The Ohio-based company is also wrapping up a deal with an unnamed property and casualty insurance company.
In a statement, the group said it will merge the services of the companies to launch a one-stop-shop that provides homebuyers with everything they need to purchase a home. GO Companies expect the new venture to improve the customer experience while providing lower rates and fees.
“GO Companies is poised to become a major player,” said Andrew Panagos, chief operations officer at GO Companies. “In addition to positioning GO Mortgage for significant growth, the additional companies will add value for our entire client base.”
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Industry veteran Michael Isaacs will take the helm as CEO of GO Companies. He brings over 20 years of experience leading several mortgage and real estate firms, including Fairway Independent Mortgage, First Choice Loan Services, and Residential Finance.
“Combined with our innovative technology, the launch of GO Companies will enable us to provide a seamless experience for our customers,” Isaacs said. “Our ultimate goal is to bring technology, people, and processes necessary to reduce cycle times and create the most efficient company with the highest level of services the real estate industry has ever seen.”
