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How InstaMortgage convinced top broker shop to jump to retail

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Tech-fueled retail mortgage lender InstaMortgage has merged with mortgage broker shop All Cal Financial, a rare example of a top-performing brokerage switching channels.

Terms of the deal, which was announced on Tuesday, were not disclosed.

As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. Black, a licensed mortgage loan officer and broker, will also lead product development, tech partnerships and sales growth.

Merging with All Cal gets InstaMortgage much closer to local real estate partners during a period in which refis have dried up and details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com