Allied Home Mortgage Capital Corporation Opens New Branch Office in St. Louis, Missouri


ST. LOUIS, June 27, 2005 (PRIMEZONE) -- Allied Home Mortgage Capital Corporation (AHMCC) has opened a new branch in Saint Louis, MO. The branch is the 2nd one in Saint Louis City and one of several in the state.

C. Rick Horn, Jr. will be the branch manager for the new office. He has over 8 years' experience in the mortgage banking industry and was formerly a Branch Manager with Leader Mortgage Company. He has lived in the Saint Louis area for 20 years. He is married and has 4 children and 7 grandchildren. Rick has been awarded the following awards: 1999 President's Club-Source One/CitiMortgage, 2003 and 2004 Branch of the Year-Leader Mortgage Co. Rick has specialized in renovation loans since 1998 and has closed over 80% of the FHA 203k and conventional rehab loans originated in HUD's Saint Louis District alone, as well as others in Illinois and western Missouri. Being able to offer his clients the benefit of more than 30 years experience in the construction, real estate and lending fields has enabled him to provide the guidance and expertise needed in this difficult field.

The new branch will be located at 1622 S. Broadway, Saint Louis, MO 63104 and can be reached at 314-241-9000 or rickhorn@alliedhomenet.com. An open house for the office will be held in September 2005.

About Allied:

Founded in 1991, AHMCC is the largest privately held mortgage banker/broker in the U.S., with more than 700 offices in 48 states, Guam and the Virgin Islands. It offers a wide variety of mortgage products and services from over 800 lenders.

In 2004 the company funded over $12 billion in loans and was named as one of "The Top 25 Tech-Savvy Lending Firms" by Mortgage Technology magazine. Allied is the exclusive mortgage lender for Carleton Sheets.

For more information about the company, visit Allied's websites at www.branchasap.com, www.mortgageasap.com and its Spanish language site, www.prestamopronto.net.

The Allied Home Mortgage logo can be found at: http://media.primezone.com/prs/single/?pkgid=704



            

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