American Guardian Opens Los Angeles Office.

Sustained Growth Demands Lender's Presence in Area

CHICAGO -- American Guardian Home Loans, a wholesale mortgage lender specializing in serving broker and homebuilder originations for Alt-A and non-prime product, announced at MBA's 93rd Annual Conference & Expo the opening of a Los Angeles regional office to support the company's rapidly growing mortgage banking business and in response to increasing demand from brokers and borrowers.

"Opening a Los Angles office aligns with our vision for having a national network of operation centers," American Guardian president Kamran Khosravi stated. "Additional offices will provide the necessary local and regional infrastructure to best serve borrowers and our broker network."

The new office, located at 17525 Ventura Blvd, Encino, CA, will serve as American Guardian's Los Angeles regional headquarters where wholesale account executives will establish a local presence to attract new brokers and better serve the lender's extended mortgage broker network.

The lender has nearly doubled its sales and operational staff to maintain demand and have increased its total office space by 10 percent. With the help of the new office additions, American Guardian has extended accessibility to one of the most explosive housing markets in the United States and attributes its continual growth to its product offerings, its ventures into new markets and its acquisition of new state licenses including Washington, Nevada and Texas.

"Our continued growth is the result of consistently serving our broker partner network and leveraging industry and consumer demand for Alt-A, non-prime and secondary mortgage products," continued Khosravi. "Despite forecasts of a down turning market, we have seen an increase in demand for more flexible loan products that can accommodate the needs of non-traditional borrowers and create a mutually beneficial relationship between borrowers and lenders. Our products offer the flexibility that both lenders and consumers need today."

About American Guardian

Orange County-based American Guardian Home Loans is a wholesale mortgage lender serving broker and homebuilder originations for Alt-A and non-prime products. The company was founded in 1998 and serves its brokers and homebuilder partners with an emphasis on meeting their needs and serving rather than selling. Now licensed in Arizona, California, Colorado, Florida, Hawaii, Idaho, Nevada, New Mexico, Oregon, Washington and Texas, American Guardian has deepened its industry reputation and broadened its outreach to brokers on a national scope. American Guardian provides a full complement of Alt-A and nonprime loan products through its wholesale division. The lender also handles A paper through its homebuilder divisions. For more information, visit www.amguardian.com.