American Home Bank Announces Builder's Total Control(SM), a Turnkey Mortgage Operation Designed Exclusively for Builders.

BTC Introduces Builders to What the Auto Industry Learned 30 Years Ago -- Combining Financing with the Purchase Results in More Sales, New Profit Centers and More Satisfied Customers

ORLANDO, Fla. -- American Home Bank (AHB) today introduced Builder's Total Control(SM) (BTC), a turnkey mortgage operation for small- to medium-sized home builders. BTC provides a builder with one-stop shopping financing packages to compete effectively with national and regional builders.

Jim Deitch, Founder and CEO of American Home Bank, said, "Larger builders have learned that they sell more houses, at higher prices, when they provide buyers with one-stop shopping for financing. Automobile manufacturers started combining financing with car sales in the 70s and 80s. Customers were drawn to the attractive financing and the manufacturers embraced it because it gave them an additional profit center."

"Purchasing a home has many similarities to buying a car," continued Deitch. "Just as car manufacturers attract customers by advertising low payments and lease agreements, builders can attract buyers by promoting attractive financing packages and calming customer payment and interest rate worries. The true win-win is that customers get the one-stop shopping they want, and builders sell more homes and get an additional revenue stream."

BTC lets small- to medium-sized builders offer customized and builder-branded financing packages to their customers. The builder can qualify customers quickly, often increase the average price of homes sold, enjoy on-time settlements, save on administrative costs, minimize unforeseen problems or delays at closing, and share in the profits of mortgages issued.* Builders also have control over seasonal escrows and benefit from a single underwriter and builder service representative.

Builders can often increase the average price of homes sold because customers are qualified immediately and learn what they can afford, so the builder can work with them toward the home buyers want, which typically includes high-margin products upgrades and increased square footage.

Deitch continued, "Customers want their builder to provide a one-stop solution so they can buy a home, select options and obtain financing at point-of-sale. Today's home buyer also expects the builder to provide attractive financing packages that make it easy to buy a new home. AHB is now making this possible for the 10,000+ smaller builders in the U.S. who construct approximately 800,000 homes per year."

As a builder's mortgage partner, AHB provides the infrastructure, fulfillment capabilities and operational expertise of a mortgage company and it recruits, trains, and oversees the management of the builder's loan officers.

Joint Ventures with AHB enable builders to create and control their own mortgage companies. The builder can name and brand the mortgage company to complement the builder's identity in the marketplace. Additionally, builder-owned mortgage operations provide an additional revenue stream from in-house sales, the potential of outside re-sales, and refinances, all of which can be a significant revenue stream during periods of slowdown in the construction market.

"BTC gives me more control over the building process and AHB has made its turnkey solution very easy and hassle-free. While I'm focused on construction and expanding my company in the region, AHB lenders are focused on qualifying new customers and getting them into the homes they really want with the options and extra square footage that they thought they couldn't afford," said Jeff Rutt, President, Keystone Custom Homes.

American Home Bank, N.A. was formed in August 2001 as a privately held national bank. The Bank's focus on mortgage lending, specifically the Construction to Permanent market, has resulted in approximately $3.5 billion in closed loans from inception through 2006. AHB was ranked the #1 mortgage lender in Central Pennsylvania in 2002, 2003, 2004 and 2005 by the Central Pennsylvania Business Journal. For more information visit www.builderstotalcontrol.com or www.bankahb.com. American Home Bank is a member FDIC and Equal Housing Lender.

*Profit sharing in mortgages issued is subject to applicable provisions of The Real Estate Settlement Procedures Act for compensable good, services and facilities provided.