Metrocities Mortgage Fact Sheet

Metrocities Mortgage, one of the largest independent, privately-held residential mortgage bankers in the country, ranks among the top 1% of mortgage companies nationwide in closed loan volume. It has closed more purchase loans than refinances every year for the past decade.

Metrocities operates as both a national direct lender and preferred mortgage broker, and has become an industry leader based on its unique loan programs and successful Affiliated Business Arrangements (ABAs) or joint ventures.

ABAs are strategic alliances formed between lending companies and partnering members (i.e. real estate agencies, financial firms, etc.) in which new joint venture mortgage entities are created. This partnership provides the preferred one-stop shopping experience clients desire and reduces the need for them to look elsewhere for funding.

Metrocities has one of the nation’s highest application approval rates and its clients have access to hundreds of loan programs through its many specialized divisions.

Headquartered in Sherman Oaks, California, the company was founded in 1989 and has grown from five employees and $100 million in loan production in 1990, to approximately 1,000 employees and billions of dollars in annual loan production.

Paul Wylie is Metrocities' CEO and founder, a lending professional with more than 25 years of experience within the real estate industry.

Mission: Metrocities Mortgage is committed to providing superior financial services to our clients in an efficient, cost-effective manner. We strive to provide a working environment that encourages staff opportunities for professional growth wherein high levels of performance are expected and rewarded. In accordance with our Core Values, we intend to remain on the forefront and continuously improve the product we deliver to our clients.

Core Values

· Uncompromising honesty and integrity
· Continuous commitment to heroic quality and service
· Interdependent balance between responsibility to clientele, employees,   society, strategic partners, and shareholders
· Creating an environment that allows innovation, fulfillment, and   enjoyment, which results in being part of something special
· Running lean for the benefit of the clientele, employees, strategic   partners and stakeholders

The company maintains three web sites:
· General: www.metrocitiesmtg.com
· Affiliated Business Arrangements: www.metrocitiesaba.com
· Private Mortgage Banking Group: www.pmbgloans.com.

For additional information, please contact:

Jason Karpf
Assistant Vice President, Marketing Communications
(800) 464-2484, ext 3017
jkarpf@metrocitiesmtg.com



*Includes Metrocities family of companies.

 

Continuous commitment to heroic quality and service.
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.