Metrocities Mortgage and RE/MAX Gold Form Metro Gold Financial Mortgage


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(Sacramento, CA, Jan. 17, 2007) - Metrocities Mortgage, LLC, a leader in the residential mortgage lending market, and RE/MAX Gold, California’s No. 1 RE/MAX company, have announced the formation of Metro Gold Financial Mortgage, a joint venture mortgage company offering a multitude of residential mortgage lending services at each of RE/MAX Gold’s 25 Northern California offices.

The partnership will provide RE/MAX Gold clients with access to over 7,000 loan options including unique programs such as Interest-Only, Stated Income/Stated Asset, Construction and Vacation/Investment home financing. Additionally, Metro Gold Financial utilizes MetroSearch, SM a proprietary loan search engine which enables loan officers to find the best loan programs based upon individual client needs.

“As an industry leader in the integration of technology and loan processing, Metrocities Mortgage is very excited to offer RE/MAX Gold clients and the greater Northern California community with unparalleled loans products which are easily accessed via one application,’’ explained Metrocities Mortgage Northwest Region Executive Vice President Anna Ruotolo. “We like to say we provide a ‘loan for every home’ and we back it with our unique Heroic Customer Service Guarantee. SM’’

“We are excited to be offering such a broad spectrum of mortgage lending tools at each of our offices in this extraordinary alliance,’’ said RE/MAX Gold President, James O'Bryon, CRB. “We believe that through this unique relationship, our clients will not only be able to take advantage of great rates, but outstanding customer service and extensive loan offerings.”

For additional information, please contact Metro Gold Financial Mortgage Vice President Pat Mackin at (916) 638-8731.


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About Metrocities Mortgage

Established in 1989, Metrocities Mortgage is ranked in the top 1 percent of residential mortgage lenders nationwide for closed loan volume. Headquartered in Sherman Oaks, California, Metrocities Mortgage has become a leading nationwide lender based on unique loan programs and successful joint ventures with key real estate companies, credit unions, financial advisor/business management companies, builders and other affinity groups. Loan Officers have access to over 7,000 loan programs and proprietary search engine technology enabling them to find the best loan products for their clients. Metrocities Mortgage was named the "Most Innovative Mortgage Company" in 2005 by Inman News, and received both the 2005 and 2006 CustomerSat ACE Awards for mortgage borrower satisfaction. For additional information, please contact (800) 215-7138 or visit www.metrocitiesmtg.com.

About RE/MAX Gold

RE/MAX Gold was established in 1994 with two offices and forty agents. RE/MAX Gold has grown to 20 offices serving an eight county area with over 1200 top caliber agents and 2004 sales of over $3,000,000,000. RE/MAX Gold has become the fastest growing real estate company in the RE/MAX system and one of the highest volume real estate firms in the nation. In fact, the prestigious 2003 Real Trends industry survey ranked RE/MAX Gold as number 34 among the 500 largest residential real estate brokerages in the United States. RE/MAX Gold is the third largest RE/MAX franchise of all RE/MAX franchises worldwide. RE/MAX International recognized RE/MAX Gold as its Broker of the Year at its February 2002 convention. For additional information, please contact (877) 78-REMAX or www.remaxgold.com.

 
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Metrocities Mortgage, LLC, located at 15301 Ventura Blvd., Suite D300, Sherman Oaks, CA 91403, is a Delaware limited liability company licensed by the California Department of Corporations under CRMLA. Arizona Mortgage Banker License #BK0903027; Georgia Residential Mortgage License #16984; Illinois Residential Mortgage Licensee #6424; Kansas Supervised Loan License #2002-4365; Massachusetts Mortgage Lender/Broker License #MC2011; Mississippi Registered Mortgage Company; Licensed by the New Hampshire Banking Department; Licensed Banker-New Jersey Department of Banking and Insurance #9932415; Registered Mortgage Broker – NYS Banking Department; Ohio Mortgage Broker #MB803629; Pennsylvania Department of Banking #1740 and licensed pursuant to the Secondary Mortgage Loan Act; Rhode Island Licensed Lender #20021343LL; licensed by the Virginia State Corporation Commission as MLB-786. This is not an offer to enter into a rate lock agreement under Minnesota law. Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend.