The four branches of Alpine Mortgage LLC, Manchester, N.H., have joined Inlanta Mortgage, Brookfield, Wis., as the latter company looks to expand into New England.
Scott Reid, the managing director of Alpine who is now a regional vice president for Inlanta, explained this transaction was not structured as an acquisition as no cash changed hands and certain liabilities were not assumed.
This partnership brings two offices in New Hampshire and two in Maine under the Inlanta banner, as well as 20 mortgage consultants and seven support staffers.
Reid said he met
Another consideration was today’s risk environment.
Besides Maine and New Hampshire, Alpine is licensed in Massachusetts. License applications are pending in Vermont, Connecticut and Rhode Island.