Allied Offers Free Seminar for `Left-Out' Home Buyers.

Business Editors/Real Estate Writers

Allied Mortgage Capital Corporation (AMCC) will be hosting a free educational seminar for first-time, "left-out" homebuyers on July 16, 2002 at First American Title Co., 520 North Central Ave., Glendale, CA from 7:00 p.m. to 8:30 p.m. The information at this seminar may be especially helpful for those with less-than-perfect credit, minorities and new immigrants, and single parent households.

Topics at the seminar will include "How to OWN the Home You Can Afford," "How to Shine-Up Your Credit Report," "Buying with NO MONEY down?? YES!" and "How to Get the Lender to Help You!" Those attending the event will receive a free credit report and should call 818/500-4691 to reserve a seat.

Mortgage expert Jackie Davidson will conduct the seminar and offer her 30 years experience. Ms. Davidson specializes in loans for buyers who have felt shut out of home ownership entirely as well as buyers or homeowners unable to find the home they really want.

Homeowners with the "almost perfect" home and buyers with previous homeownership experience have found new renovation/remodeling loans meet their needs. These loans offer the chance to add a bathroom, bedroom, new roof, or kitchen remodeling in order to create their ideal home.

"We feel this free seminar will equip our 'Emerging Markets' homebuyers and owners with the proper information they need to achieve the American dream of homeownership," Davidson said. "Everyone deserves a chance at homeownership!"

AMCC offers a wide variety of mortgage products and services from over 800 banks, investors and savings & loans -- more than any other mortgage capital broker. These include FHA 203b and 203k loans, conventional fixed-rate loans, and many other unique programs. Allied is also a preferred lender on Quicken Mortgage, The Lending Tree, Mortgage Option.com and many other Web sites allowing customers to pre-qualify and apply for a loan online. The company is approaching $1 billion dollars a month in financing.

Allied Mortgage Capital Corporation was founded in 1991, experienced double-digit growth each year after, and has grown into the largest mortgage company in the United States. In 2001, Allied provided $9 billion in residential mortgages, making it the top mortgage broker in the U.S. according to a survey completed by Broker magazine. The company has more than 700 branch locations stretching across the U.S., Guam and the Virgin Islands and is affiliated with more than 800 investors.

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