Castle & Cooke Mortgage, an independent mortgage lender, announced an expansion in the state of Washington with the opening of a branch location in Olympia.
The Olympia branch will be lead by Michael Frazier, who the company named regional manager for the Washington region.
Frazier brings nearly 20 years of experience to his new role with Castle & Cooke. Earlier in his career, Frazier spent time in management with Bank of America, Guild Mortgage and Waterstone Mortgage.
Castle & Cooke Mortgage is in the midst of an aggressive expansion strategy with plans to be in 48 states by the end of 2016. This year alone, the company has opened seven new branches and is now lending in 20 states, the company said in a release.
"We are excited to expand our presence in Washington and help current and aspiring homeowners, as well as the local real estate community, with our wide variety of loan products, flexibility and reliability," said Adam Thorpe, president and chief operating officer for Castle & Cooke Mortgage.
"Castle & Cooke Mortgage is committed to opening branches in areas where we can provide the greatest value to borrowers, mortgage professionals, real estate agents and home builders,” Thorpe added.