PRESS RELEASE
America One Finance, Inc. Chooses TeraVendo’s LoanAce® as its
Loan Origination Provider of Choice
(Bellevue, WA July 27th, 2006) – TeraVendo Inc., the maker of the nations premier easy-to-use loan origination system (LOS), LoanAce® has signed an agreement to be the preferred vendor to one of the nations premier mortgage brokers, America One Finance, Inc.
LoanAce® will be offered at no charge to all America One Finance loan officers. Matt Simmons, the president of America One Finance said “Our objective at America One Finance has always been to provide a place for honest, hard working independent loan officers to get paid what they deserve while they deliver the best service to our customers. We do this by charging a small admin fee and not burdening the loan officer, and thereby the customer, with tons of junk fees. One of the things we see as a great benefit with LoanAce is that now, we will not only be offering our loan officers a place to keep most of what they earn, but also to save them some of what they would usually spend. That is good for our loan officers and our customers.”
“We couldn’t be more excited about partnering with a company as prestigious as America One Finance.” said TeraVendo president Jeff Cunio. “With the market tightening and interest rates rising many loan officers can’t afford to keep paying hundreds and hundreds of dollars every year for their LOS. America One Finance recognizes this and decided to lighten the load on their loan officers. We look forward to providing them with a good product at no charge!”
America One Finance, Inc. is one of the largest and most respected mortgage brokerages in the nation. Since 1998 they have expanded operations to 24 states, as well as expanding the number of loan officers and branches that choose to work with America One Finance, Inc. to more than 2,000 professionals, the company has experienced unprecedented growth in a slowing market. America One Finance, Inc. is proud of its reputation for treating both the customers and our loan officers very well. For more information, please visit www.americaonefinance.com
TeraVendo, Inc. is dedicated to providing secure, efficient and customer-friendly software solutions to loan originators, mortgage brokers, and loan officers. Since 2005 the Company has been invested in the development of the best possible information technology solutions for the Mortgage Industry. TeraVendo’s flagship product, LoanAce® debuted on August 1, 2006 as the Mortgage Industry’s first Loan Origination Software available at no charge, and quickly catapulted the industry to a new level of productivity. LoanAce®, went beyond providing a fully functioning LOS and introduced industry-leading features, including: QuickTitle®, one click title ordering; integrated leads; and a manageable and user-friendly format. For more information, please visit www.teravendo.com.
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