HomeLoanCenter.com, the leading online full spectrum mortgage lender announced that they have acquired an additional floor of office space to total 100k sq. ft. to accommodate the continued growth of our full credit spectrum strategy.

The new facility located in Irvine, CA will house HomeLoanCenter.com’s rapidly growing Home Equity and Prime Business divisions beginning February 1, 2004. In preparation for the additional office space HomeLoanCenter.com will be hiring aggressively to fill a total of 750 seat call center.

“Despite the early stages of a mortgage market consolidation, it appears that our strategy and model is well built to capture market share,” said Anthony Hsieh, CEO and founder of HomeLoanCenter.com. “I have surrounded myself with the best in the business; our continued growth is very exciting and a testament to our company strategy.”

By 2004 HomeLoanCenter.com will have grown from 6 employees to over 700 and quadrupled its office space. HomeLoanCenter.com is an approved mortgage lender in all 50 states and the District of Columbia.

About HomeLoanCenter.com

HomeLoanCenter.com (http://www.homeloancenter.com/), is a branchless, retail mortgage lender dedicated to bringing consumers direct access to the most diverse array of mortgage products available in the industry, through its innovative website and call center. Anthony Hsieh, former founder and CEO of LoansDirect, Inc. founded Home Loan Center in 2002. An approved mortgage banker in 50 states and D.C., the company has developed a second-generation Internet platform that delivers a superior lending experience to all borrowers regardless of credit profile, loan type, or loan amount, through its proprietary technologies PACE and CHLOE.

PACE utilizes consumer credit profiles, searches through thousands of loan programs, and returns program eligibility and pricing directly to potential borrowers after reviewing approximately 1,500 loan guidelines, 56,700 lender fee rules and over 10,000 pricing adjustment rules. Within seconds, PACE returns a complete risk-based selection of loan programs with accurate pricing, directly to consumers via HomeLoanCenter.com’s call center or web site. CHLOE is HomeLoanCenter.com’s proprietary LOS system designed to streamline processing and settlement functions for the 6000+ loan options available to HomeLoanCenter.com customers.

HomeLoanCenter.com offers industry leading performance and service guarantees and is staffed by highly seasoned and experienced mortgage professionals. The company's executive management team, many of them pioneers in the virtual mortgage arena, have over 100 years combined experience in the mortgage industry.

PACE and CHLOE are trademarks of HomeLoanCenter.com