Hall Financial, a new mortgage firm founded by David Hall, is merging with Shore Mortgage, a move that promises to expand Hall Financial's employee base in downtown Birmingham.
"They recognized we were doing a lot of the great things," says David Hall, CEO of Hall Financial, which will become a division of
Shore Mortgage. Hall, a longtime executive with Quicken Loans before he started Hall Financial, will become a vice president of retail lending at Shore Mortgage.
Hall Financial has grown to 24 employees in its first year, including four hires this spring. Hall projects 20-30 percent growth for the newly merged firm. Shore Mortgage plans to hire at least 100 people over the next 18 months, and Hall foresees many of those hires taking place at Hall Financial.
"We're going to hire a lot of people," Hall says. "We have a lot of space to grow."
Source: David Hall, CEO of Hall FinancialWriter: Jon ZemkeRead more about Metro Detroit's growing entrepreneurial ecosystem at
SEMichiganStartup.com.
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