M&A Deal Summary

Commerce Home Mortgage Acquires LoanStar Home Loans

On June 26, 2018, Commerce Home Mortgage acquired financial services company LoanStar Home Loans

Acquisition Highlights
  • This is Commerce Home Mortgage’s 1st transaction in the Financial Services sector.
  • This is Commerce Home Mortgage’s 1st transaction in the United States.
  • This is Commerce Home Mortgage’s 1st transaction in Oregon.

M&A Deal Summary
Date 2018-06-26
Target LoanStar Home Loans
Sector Financial Services
Buyer(s) Commerce Home Mortgage
Deal Type Add-on Acquisition

Target

LoanStar Home Loans

Portland, Oregon, United States
LoanStar Home Loans LLC is a retail mortgage banking company offices in Oregon, Washington, California, Colorado, Arizona, Texas, Utah, and Hawaii.

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Buyer(S) 1

Buyer

Commerce Home Mortgage

San Ramon, California, United States
Category Company
Founded 1993
Sector Financial Services
DESCRIPTION

Commerce Home Mortgage LLC is a provider of conventional and government mortgages that include federal housing administration loans; VA home loan that are used for various purposes, including purchasing or building a new home, refinancing a current mortgage, repairing or improving existing home, or installing home efficiency measures; and U.S. Department of Agriculture loans to farmers and other qualified borrowers with low to moderate incomes.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
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