Loanology Announces New Offices Space with RE/MAX Advantage

Loanology Mortgage Services expands business with RE/MAX Advantage Partnership

Loanology Mortgage Services announced today the opening of new office space located in Commerce Park. Loanology, a full service Utah mortgage broker opened for business in October, 2001 and specializes in both residential, investment and commercial mortgage lending. The company moved into the new offices at 488 East 6400 South, Suite 125 in Murray in conjunction with a partnership with the principals of RE/MAX Advantage, a residential and commercial real estate brokerage. Loanology and RE/MAX Advantage have schedule a grand opening event for Thursday, May 8, 2003 to introduce the new location and to increase their exposure to real estate and mortgage industry professionals.

Our goal is to lead the industry in experience, productivity and excellence in customer service. We have developed a maximum commission concept to attract the most experienced, successful loan officers who share our ambition to provide the highest level of service to real estate professionals and their clients," said Scott Roberts, Vice President. According to a recent survey by the Real Estate Settlement Council, over 65% of homebuyers follow the recommendation of their real estate agent when looking for home financing. We are looking for loan officers who understand the importance of working in a real estate environment."

We are thrilled to work with the RE/MAX Advantage team," said Chet Ruger, Vice President of Loanology. Together we represent the ideal one-stop" shopping solution for homeowners. Loanologys smart, fast, friendly service for home loans complements RE/MAX Advantage core strategy of providing high quality real estate services to each and every home buying client. We hope to be able to work with other real estate offices in a similar relationship very soon," added Ruger.

We want to build very close relationships with a network of real estate and builder business partners who serve prospective homebuyers. We want to expand our business channels, and to offer origination services and specialty mortgage products directly through these real estate and builder professionals in Utah and surrounding states," said Roberts.

About Loanology
Loanology is a privately held mortgage company headquartered in Salt Lake City, UT. Licensed and doing business in Utah, Idaho, Wyoming, Colorado and Texas, Loanology will expand into at least five other states by year-end. The company is owned and operated by Chet Ruger, Scott Roberts and Linda Miller who have extensive mortgage background with over 20 years in the mortgage industry and Edward Blake, Tony Ketterling, and Randy Cochrane, all from RE/MAX Advantage who bring value-added level of expertise from their years in real estate.

For more information about Loanology or mortgage loan information, call 801-506-2250 or go to www.loanology.biz.