Founded in 1989 with five employees, Metrocities was proud of the fact that it generated $100 million in fundings its very first year. Moving forward with its goal to be the best, Metrocities set out to build its mortgage business by forming strategic alliances with real estate companies. Because of these successful affiliations, Metrocities is now considered the pioneer of alliances. Our Joint Venture program has expanded to include credit unions, builders/developers, retailers, CPAs and asset management companies.

Separate and distinct operating divisions are established for each partnering Member. Individual marketing strategies and business plans are positioned to meet the unique needs of each newly established affiliation. Additionally, on-going events, public relations and promotional planning are done in conjunction with partnering Members to properly promote the services of the in-house joint venture.

Metrocities' growth has evolved to both banker and broker status. As a mortgage banker, we underwrite, draw documents, fund and close loans under one roof giving our clients added control. As a mortgage broker, Metrocities' preferred broker status gives us access to additional lending programs. Combined banker/broker status offers the advantages of a direct lender and the flexibility of a mortgage broker. Thus, one application with Metrocities Mortgage gives your clients access to more than 7,000 loan programs ranging from Conventional to Commercial, Jumbo, Interest-Only, Non-Prime, Construction, FHA and VA, to name just a few.

Metrocities is progressive in its technological innovations as it constantly seeks ways to improve communications and program efficiency. Over the past few years, we have made advances in the following key areas:

• Automated underwriting to expedite the loan process
• Proprietary Search Engine assists the loan officer in finding the best loan programs and pricing to meet the unique needs of each individual client
• Company Intranet to enhance internal communication acting as the central hub for up-to-the minute source for programs, rates, loan status, forms, calculators, policies and procedures, industry news and marketing materials

The company has grown to over 1,400* employees and closed over $10 billion in 2005. Metrocities ranks in the top 1% of all mortgage companies nationwide in volume of loans closed. Metrocities' lending territory is nationwide. Our vast number of loan programs, on-going training for loan officers and support personnel, combined with innovative technologies, all contribute to our 95% loan application approval rate.

*Includes affiliated companies.