Contact:  Manny Padilla Jr.  Metrocities Mortgage, LLC  (818) 742-3017 mpadillajr@metrocitiesmtg.com

Metrocities Mortgage and Keller Williams® Realty Form Joint Venture to Create 1st Choice Mortgage

(Portland, ME, November 8, 2004)) - Metrocities Mortgage, LLC, a leader in the residential mortgage lending market, and Greater Portland Keller Williams^® Realty have announced the formation of 1^st Choice Mortgage, a mortgage company that will serve the home buyer finance needs of Portland, Maine, and its surrounding communities. The joint venture between the two companies will provide home purchasers with an in-house, 'one-stop' shopping service for financing and real estate services.

Backed by the expertise of Metrocities Mortgage, a national direct lender, 1st Choice 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 loan application approval rates in the industry.

Keller Williams^® Realty clients will be afforded full service lending capabilities including Conventional, FHA, VA, Jumbo, Super Jumbo, Non-prime, Construction, Commercial and Reverse Mortgages. Additionally, 1st Choice 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.

1^st Choice Mortgage is located at 49 Dartmouth St., Portland, ME, 04101. For additional information, please contact Loan Agent Dave Fournier at (207) 553-2452.


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. 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 Lender^SM, Metrocities Mortgage is renowned for its in-house lending expertise, wide selection of loan programs and Heroic Customer Service^SM.

For additional information, please call (800) 742-3017, or visit us online at www.metrocitiesmtg.com.

ABOUT KELLER WILLIAMS REALTY INTERNATIONAL

Founded in 1983, Keller Williams^® Realty International (KWRI) is an international real estate company with more than 350 offices located across the U.S. and Canada. Currently the fifth largest U.S. residential real estate firm in North America, Keller Williams^® began franchising its offices in 1990. The company has succeeded by treating its 33,000-plus associates as partners, and shares its knowledge, policy control, and company profits on a system-wide basis. KWRI's agents are distinguished by their level of professional education, their full-time commitment to real estate sales, and their level of business success.

For more information, visit Keller Williams^® Realty online at www.kw.com