American Capital Financial Services Extends its Mortgage Loan and Real Estate Offerings to the East Coast

American Capital Financial Services Extends its Mortgage Loan and Real Estate Offerings to the East Coast. Appoints Ron Agasar, a seasoned lending-professional with 30 years in the Mortgage Banking business, to Head the Effort.

Sacramento, CA (PRWEB) March 12, 2005 -- Appoints Ron Agasar, a seasoned lending-professional with 30 years in the Mortgage Banking business, to Head the Effort. American Capital Financial Services, a privately-held Real Estate, Mortgage Loans and Homeowners Insurance company, has announced the opening of several East Coast Offices. This expansion is part of a nationwide rollout, based on the success and steady-managed growth experienced in the California markets.

Our very unique offerings have worked extremely well in California, and coupled with our Real Estate and Mortgage dual opportunities, we expect very rapid success here in the East Coast as well as other markets that we plan to enter", says Rod Wong, President and CEO.

With new locations already present in Miami and Las Vegas, the immediate East Coast locations include Mercer County, NJ and Bucks County, PA. Additional expansion is slated for the Bergen, Essex and Burlington Counties in NJ and Montgomery and Philadelphia Counties in PA. This is the first step in an growth plan that will see American Capital, the parent company of AmCap Realty, expanding from New England to the Carolinas. Evidence of this growth was noted by the finance periodical, Inc. 500, which heralded American Capitals impressive 521% growth rate in the Fall 2004 edition of Americas Fastest Growing Privately-Held Companies.

Ron Agasar, Senior Vice President and Division Manager, will be directing the East Coast offices. Ron has held various management roles with several major national mortgage banking companies, including Colonial Mortgage Service Company, (the predecessor to GMAC Mortgage), Chase Manhattan Mortgage and CTX Mortgage, a division of Centex Corporation. Rons responsibilities dealt with starting entire mortgage regions from scratch, ultimately growing them to $2 billion+ multi-branch, multi-state operations.

Ron is a licensed New Jersey Mortgage Banker and a Pennsylvania Certified Mortgage Banker. He is currently the 2005 President of the Mortgage Bankers Association of Greater Philadelphia, as well as a member of the Board of Governors of the Pennsylvania Mortgage Bankers Association. Ron is also the First Vice President of the Mortgage Bankers Association of New Jersey and will become its President in 2006.

"The non-bureaucratic, entrepreneurial environment coupled with the very creative compensation plan that American Capital brings to the East Coast will become a magnet for the best talent in both the Mortgage and Real Estate industries", says Ron Agasar, as he starts on developing his team.

Rod S. Wong, a Peruvian immigrant of Chinese ancestry, originally founded American Capital as a mortgage loan originator focused on serving the booming Asian and Hispanic real estate market. Much of American Capitals success can be credited to the companys determination to serve minority markets, as evidenced by American Capitals commitment to hire multilingual employees with diverse backgrounds. This focus attracted the attention of Sacramento Hispanic magazine, which in a 2004 profile, lauded Wong, as helping people achieve the American Dream". The feature also noted that Wong had, on many occasions, helped with down payment assistance out of his own pocket. In March 2004, the company expanded its operations to include real estate and property sales, insurance and securities. This expansion allows American Capital to provide its clients with one-stop-shopping, a system designed to meet all customer needs.

American Capital Financial Services
1501 Sports Drive
Sacramento, CA 95834

Contact: Letty Cortez, Marketing Manager
lcortez@americancapital.org
Phone:    (916) 239-6272 Ext. 326
Fax:   (916) 239-6274
www.goamcap.net
www.amcaprealty.com
www.amcaploans.com

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