Homestar expanding into Mass.

PROVIDENCE – Homestar Mortgage, one of the Rhode Island’s largest mortgage lenders, says it’s expanding into Massachusetts after acquiring Constitution Trust Mortgage in Plainville, Mass.
The purchase price was not disclosed.
As part of the transaction, seven loan officers from Constitution Trust will join Homestar Mortgage, including three members of Constitution Trust’s management team, Todd Carges, Michael Bush and Robert Andromalos.
“Our staff has always worked hard to deliver exceptional service, and safe mortgage options,” Carges said in statement. “As the number one lender to Rhode Island Housing, Homestar shares our vision and we look forward to working with them to assist homeowners throughout Rhode Island and Massachusetts.”
“Joining with Constitutional Trust will allow us to utilize our decades of expertise to assist Massachusetts residents,” said William Whitty, president of Homestar Mortgage. “They bring with them a dedicated management team, knowledgeable staff, and strong community partnerships. We are pleased to join with them to help our Massachusetts neighbors make safe, affordable home buying decisions.”