Honolulu Home Loans and Berkshire Hathaway Home Services have formed a new mortgage lending company, Hawaii Lending Alliance, as an affiliate of both companies.
“I am thrilled that we have a new joint venture set up with a solid team of mortgage professionals while working with such an experienced group of real estate professionals at Berkshire Hathaway,” Anders Hostelley, president and CEO of Honolulu Homeloans, said in a statement released Wednesday. “We look forward to a successful business relationship.”
Hawaii Lending Alliance is a full service mortgage provider with a focus on both local and out-of-state purchasing and refinancing for Hawaiian properties. The new company is Hawaii’s largest local mortgage provider.
Iris Toguchi will lead the new company as President, along with Lisa Tarumoto as Executive Vice President.