HomeLoanCenter.com Offering Discounts to Help the Victims of the Wildfires

Irvine, Calif., October 31, 2003 - HomeLoanCenter.com, the leading online full spectrum mortgage lender today announced a discount of up to five thousand dollars off closing fees on a purchase of a new home for the Southern California fire victims.

Irvine, Calif., October 31, 2003 - HomeLoanCenter.com, the leading online full spectrum mortgage lender today announced a discount of up to five thousand dollars off closing fees on a purchase of a new home for the Southern California fire victims.

Southern California has given so much to HomeLoanCenter.com and its employees, that it is our privilege and duty during this time of tragedy to find a way to give back," said Anthony Hsieh, CEO and founder of HomeLoanCenter.com. This is the least we can offer to California fire victims in the aftermath of this tragic disaster."

The new home purchase program for the wildfire victims will be a cash credit towards escrow to be used to offset closing costs of the home purchase. The program will be open and available to all wildfire victims until May 2004. The discount will be made at the point of sale upon verification (insurance claim, FEMA documentation, recent bill containing address and zip code) that the borrower lived in the area affected by the wild fires.

For more information on HomeLoanCenter.coms home purchase program for the wildfire victims please call 1-800-CENTER or visit us at www.HomeLoanCenter.com.

About HomeLoanCenter.com

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.coms call center or web site. CHLOE is HomeLoanCenter.coms 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

Corporate Contact:
Jason Jepson
HomeLoanCenter.com
949-885-3523
jason.jepson@homeloancenter.com