Alliance Home Funding Hires Three Industry Veterans, Expands Private Client Group.

CHANTILLY, Va. -- Alliance Bankshares Corporation (NASDAQ:ABVA) announced today that James Hottle, Mark Ellsmore and Blake Allison have joined Alliance Home Funding, LLC as Vice Presidents. Alliance Home Funding, LLC is the mortgage banking subsidiary of Alliance Bank. Messrs. Hottle, Ellsmore and Allison, formerly of Washington Mutual, Inc., bring over 45 years of mortgage, financial and business development experience to the organization.

"We are very pleased to welcome James, Mark and Blake to Alliance Home Funding and are excited to announce the expansion of the Private Client Group within the company, which these gentlemen will help lead," said Thomas A. Young, Jr., President and CEO of Alliance Bankshares Corporation. "The Private Client Group within Alliance Home Funding will focus on providing the highest level of service to our clients that have more sophisticated lending requirements. We are looking forward to incorporating this Group's expertise into the organization and taking our services to the next level."

"Alliance Home Funding is well positioned as a significant mortgage lender in the Greater Washington area," said Hottle. "I speak for everyone when I say that we are excited to be working with a team with such an outstanding reputation and a company with such an impressive growth record and continued prospects for growth."

Alliance Home Funding, LLC is a full service mortgage lender that follows the business philosophy of its local bank parent company: to provide competitively priced, innovative financial services with an emphasis on personalized attention. Alliance Home Funding offers a wide range of conforming and jumbo residential mortgages, as well as highly competitive rates on home equity loan products. Alliance Home Funding also provides several mortgage programs specifically focused on the needs of first-time buyers, including FHA, VA and 100% and 97% financing plans.

Alliance Home Funding, LLC is a subsidiary of Alliance Bank Corporation which is a subsidiary of Alliance Bankshares Corporation; the collective companies are locally owned, managed and based in Northern Virginia. The independent status of the organization allows the company's management to create, implement and maintain services with a level of flexibility, creativity and discretion that is not possible with larger institutions.

Some of the matters discussed herein may include forward-looking statements. These forward-looking statements may include statements regarding profitability and financial and other goals. These statements are based on certain assumptions and analyses by the Company and other factors it believes are appropriate in the circumstances. However, the Company's expectations are subject to a number of risks and uncertainties and other factors that could cause actual results, events and developments to differ materially from those contemplated by any forward-looking statements herein. Consequently, all forwarding-looking statements made herein are qualified by these cautionary statements and cautionary language in the Company's most recent report on Form 10-KSB and other documents filed with the Securities and Exchange Commission.

More information about Alliance Home Funding, including products and special offers, can be found online at www.alliancehomefunding.com or by phoning 703-246-8920. Information on Alliance Bank can be found at www.alliancebankva.com.