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Metrocities Mortgage and ERA Winners Group Form Joint Venture to Create Metro Summit Mortgage
(Sherman Oaks, CA, August 17, 2004) - Metrocities Mortgage, LLC, a leader in the residential mortgage lending market, and ERA Winners Group, have announced the formation of Metro Summit Mortgage, located in Sherman Oaks, California. The Affiliated Business Arrangement (ABA) between the two companies will provide home purchasers with an in-house, "one-stop" shopping service for financing. Paul Wylie, CEO of Metrocities Mortgage, stated, "This is great news for clients working with ERA Winners Group. This ABA partnership eliminates the need for them to shop around for competitive financing options. Additionally, it's a great fit for Metrocities and ERA Winners Group as we are both committed to providing the highest levels of quality customer service." Norman Bogdanow, ERA Winners Group Founder, added, "We have always prided ourselves on providing our customers with complete services - we additionally have an in-house escrow company - so this partnership will enable us to effectively meet their mortgage needs." Backed by the expertise of Metrocities Mortgage, a national direct lender and preferred mortgage broker, Metro Summit Mortgage customers will have access to more than 7,000 different loan programs and be working with a company that has one of the highest application approval rates in the industry. ERA Winners Group clients will be afforded full service lending capabilities including Conventional, FHA, VA, Jumbo, Super Jumbo, Non-prime, Construction, Commercial and Reverse mortgages. Additionally, Metro Summit Mortgage utilizes a proprietary search engine to access the most competitive loan programs and financing terms, as well as automated loan underwriting software to further streamline the application and funding process. Metro Summit Mortgage is located at 15477 Ventura Blvd., Suite 200, Sherman Oaks, CA., 91403. For additional information, please contact (818) 817-9800. About Metrocities Mortgage
Established in 1989, Metrocities Mortgage is ranked in the top 1 percent of
residential mortgage lenders nationwide for closed loan volume, closing over $4.6 billion in 2003.
Metrocities operates as both a mortgage banker (direct lender) and a mortgage broker. Headquartered
in Sherman Oaks, California, Metrocities Mortgage has become a leading nationwide lender, based on
unique loan programs and successful joint ventures (Affiliated Business Arrangements) 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. As America's Best
Relationship LenderSM, Metrocities Mortgage is renowned for its in-house lending expertise, wide
selection of loan programs and Heroic Customer ServiceSM. For additional information, please call
(800) 464-2484, or visit us online at www.metrocitiesmtg.com.
About ERA Winners Group
ERA Winners Group, a franchise of ERA Franchise Systems, Inc., is a
full-service realty company which serves the entire San Fernando Valley and has been established
as a leading real estate firm for many years. The company, which has more than 55 agents, also
operates an in-house escrow, Pacific Integrated Capital, and utilizes technology to increase the
marketing of properties. ERA Winners Group was rated within the Top 25 Residential Real Estate
offices in the San Fernando Valley in terms of number of agents as reported in the San Fernando
Valley Business Journal. ERA Franchise Systems, Inc. is a global leader in the residential real
estate industry with more than 30 years' experience in developing consumer-oriented products and
services. It is a subsidiary of Cendant Corporation (NYSE: CD) and part of its Real Estate Franchise
Group. The ERA® real estate network includes approximately 30,600 brokers and sales associates
throughout the United States and 30 other countries and territories.
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We can get you quickly pre-qualified and on your way - free of charge.
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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.
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