Salt Lake City, Utah-based Castle & Cooke Mortgage announced it opened a new branch office in Anaheim, California, that will be managed by Michael Otto.
Otto has nearly 20 years of mortgage banking experience in Southern California, with several past management roles at large financial institutions, including Carrington Mortgage Services and Pacific Mercantile Bank.
“Michael and his team will expand the company’s market share by providing customers with superior service while working hand in hand with local real estate professionals to help Anaheim residents achieve their dream of homeownership,” said Jim Mitchell, Castle & Cooke Mortgage’s Southern California regional manager.
“The high demand and lower inventory in Orange County and the Southern California housing market in general frequently puts pressure on borrowers and their loan arrangements,” said Otto.