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(Palos Verdes, CA, November 29, 2004) - RE/MAX of California & Hawaii, Inc., and Metrocities Mortgage, a leader in the residential mortgage lending market, have announced a new alliance that will benefit RE/MAX franchises and their Associates in both California and Hawaii. The new relationship adds an additional mortgage option to the list of home service alliances available to RE/MAX franchisees and their Associates. Under the agreement, RE/MAX offices and Associates can choose to ally themselves with Metrocities and take advantage of their experienced home loan staff and more than 7,000 loan products, in addition to their trademark Heroic Customer Servicesm. “Metrocities shares our focus on outstanding service – an essential component of their business approach that will match the standards of our Broker/Owners and their Associates,” said Regional Director Dick Purvis, RE/MAX of California & Hawaii, Inc. “This is the next step in our ongoing effort to offer options for our offices to develop efficient, full service, one-stop shopping for their customers.” “When it comes to purchasing a home, studies show that customers prefer a ‘one-stop shopping’ experience and this new alliance addresses that need,” explained Paul Wylie, CEO, Metrocities Mortgage. “We are very excited about working with RE/MAX of California & Hawaii – their offices and associates will receive our comprehensive lending products, backed by a mortgage company that has closed more mortgage purchase business than refinance business every year for the past 10 years: this shows our commitment to real estate professionals and their clients. Additionally, Metrocities is ranked among the top 1 percent of retail mortgage firms nationally in closed loan volume and has one of the highest application approval rates, which is also an added benefit.” Over the past few years, RE/MAX of California & Hawaii has provided a wide array of home service options to its franchisees. The new alliance with Metrocities Mortgage – a national direct lender and preferred mortgage broker that offers lending products ranging from conventional to FHA/VA, adjustable rate mortgages to 0-down payment programs – continues that objective. For additional information, please contact Metrocities Mortgage at
(800) 215-7138. About Metrocities Mortgage
RE/MAX of California & Hawaii, Inc., is the fastest growing region in
the RE/MAX network with over 10,000 Sales Associates in more than 350 offices.
The RE/MAX franchise network, now in its 31st year of consecutive growth,
is a global real estate system operating in 52 countries. More than 5,000
independently owned offices engage nearly 99,000 member Sales Associates
who lead the industry in professional designations, experience and production
while providing real estate services in residential, commercial, referral,
relocation, and asset management. For more information please visit www.remax-cahi.com. 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 preferred 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)
215-7138, or visit us online at www.metrocitiesmtg.com.
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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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