| |
|
||
|
|||
 |
         |
ALLIANCE MORTGAGE Leases New offices in Hayward, California November 18th 1998. Wednesday November 18, 1998 Company Press release EMERYVILLE, CA --November 18, 1998 Alliance Mortgage www.alliancemtg.com the Internet loan provider, fueled by its growing online market share, and demands for its sub prime loan products, leased new offices at the Hayward Business Park office complex in the city of Hayward at the junction of Highway 92 and Industrial Blvd. The location is ideal for being a 30 minute drive form San Francisco, San Jose, Livermore, Sunnyvale/ Mountain view, and less than 20 minutes drive from other Peninsula cities. "we have chosen this centralized location instead of Emeryville, where we have been located for last several years, due to Hayward's proximity to other high-tech and web oriented Industry of the silicon valley and to be close to the roots of the Internet culture" said President Sean Saed." we have chosen this flexible lease to increase and expand our facilities as we need, without being locked up in long-term contracts, and keep the low overhead- minus the spectacular views. The new offices will save us more than 50% on the current lease expenses alone.On the other hand we expect to increase our volumes by at least 400% in the year 1999 so larger expandable leases will help". About Alliance Mortgage Alliance Mortgage www.alliancemtg.com, based in Emeryville, Calif., has been providing loans to people with all types of credit histories since 1992. Over the time Alliance Mortgage has evolved as a dedicated internet mortgages provider through its virtual centralized office place from the same Emeryville location on the 12 th floor, overlooking the beautiful San Francisco Bay. Alliance Mortgage loans are at least a point lower than most brick and mortar banks, single sourced lenders and conventional mortgage brokers. With a lower overhead, Alliance Mortgage rates are still competitive with major online mortgage companies. Alliance is a true Internet loan provider with 100% revenues derived from the Internet, and is located at 2000
Powell Street Suite 1200 Alliance Mortgage is a privately held cooperation. Contact: Alliance Mortgage
|
|||
|
||||