American City Mortgage Corp. Supports Individual Loan Officer Web Sites.CARSON, Calif.--(BUSINESS WIRE)--July 26, 1999-- Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the application available for homebuyers through new Web sites hosted by individual loan officers, offering personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. service for borrowers throughout California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). American City Mortgage Corp. (ACMC ACMC Alameda County Medical Center ACMC Association of Canadian Medical Colleges ACMC Advanced Composites Manufacturing Centre ACMC Advancing Churches in Missions Commitment ACMC Advanced Computational Modelling Centre ACMC Atlantic City Medical Center ) announced that the company's loan officers are now offering applications and mortgage information via personal Web sites. California residents can now apply for a mortgage with a specific loan officer either via the Internet or face-to-face. ACMC is a Carson, Calif.-based mortgage lender that specializes in minority and low- to moderate-income mortgages. The ACMC loan portfolio includes conventional, FHA See Federal Housing Administration. FHA See Federal Housing Administration (FHA). , VA and government agency loans, Nehemiah Progressive Housing Fund loans, CHFA CHFA College of Humanities and Fine Arts CHFA Connecticut Housing Finance Authority CHFA California Housing Finance Agency CHFA Canadian Health Food Association CHFA Colorado Housing Finance Authority loans and CalPERS Member Home loans. ACMC is working with its loan officers to provide this service for borrowers by providing technical support and Web site content to its employees interested in pursuing this opportunity. Loan officers' Web sites offer more than just one page of information. The history and offerings from ACMC are available, as well as useful information from the individual loan officers about what programs they work with, their specialties, experiences and geographic areas they serve. Dave Thompson This article is about the British comedian. For other people of this name, see David Thompson. Dave Thompson is a British stand-up comedian and actor, who hit the headlines in July 1997 after being sacked from the role of Tinky-Winky in hit children's is the first ACMC loan officer to complete his Web site, and he is working with local real estate agents and broker offices to publicize pub·li·cize tr.v. pub·li·cized, pub·li·ciz·ing, pub·li·ciz·es To give publicity to. publicize or -cise Verb [-cizing, -cized] his services and the ability to access mortgage information on the Internet. "Every day you hear about a new service offered through the Internet - pay your bills, buy a book, find a used or new car," said Pat Theodora Sr., chairman and chief executive officer of ACMC, "but so few financial transactions are as personal and require the transfer of such intimate information as applying for a mortgage. Borrowers want to know who their loan officer is, and we've found a way to let them know and provide them with the convenience and time-efficiency of the Internet." ACMC currently has more than 70 loan officers equipped with laptop computers A portable computer that has a flat LCD screen and usually weighs less than eight pounds. Often called just a "laptop," it uses batteries for mobile use and AC power for charging the batteries and desktop use. Today's high-end laptops provide all the capabilities of most desktop computers. so that they can approve mortgages remotely. The loan officer Web sites are intended to be an added benefit to the company's existing offering, not to replace face-to-face meetings, said Theodora. "We are in a people-oriented business, and people are continuously seeking more efficient and simpler processes, which the Internet provides," Theodora continued. "So for us, the most obvious next step is to become people on the Internet, which is exactly what we are doing." Loan officer Web sites include such information as application forms to download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. , required information for an application package, the loan officer's phone and fax number, as well as information about ACMC loan products and services, and specific details about programs that a particular loan officer specializes in. In addition to the individual sites, the ACMC call center is also available on the Internet at www.americancitymortgage.com or by phone at (800) 840-0333. About American City Mortgage Corp. Founded in 1983 by Pat Theodora Sr. and his son Pat Theodora Jr., American City Mortgage Corp. is a single-source, comprehensive provider of mortgage products and services with a strong emphasis on government and agency loans. The Mortgage Company originates, processes, purchases, places and services loans from the application through the life of the loan. American City Mortgage has a staff of 200 in its 11 satellite offices throughout California and its headquarters in Carson and is licensed in California, Colorado, Nevada, Oregon, Texas, Utah and Washington For more information write American City Mortgage, 20501 S. Avalon Blvd., Carson, CA 90746; or call Pat Theodora Sr. or Pat Theodora Jr. at (800) 366-2262. The company's Web site can be viewed at www.americancitymortgage.com. |
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