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Expert Group, Inc. (OTC: EXPT) Surpasses 100 Million in Loan Originations
Tuesday May 20, 9:00 am ET
MIAMI, FL--(MARKET WIRE)--May 20, 2008 -- Expert Group, Inc. (Other OTC:EXPT.PK - News) We are extremely pleased to announce that since inception, we have surpassed 100 million in loan originations.
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Reaching this milestone at this juncture in the company's growth stage is monumental and eclipses our original projections and expectations. To put this into perspective, our first four months of 2008 saw an incredible increase in production, surpassing an enormous 38 million in loan originations. This represents an outstanding rate of growth unprecedented in the company's performance history.
We wish to thank our brokers for their outstanding work and contributions, which have directly influenced our ability to reach this mark as quickly as we have.
With our single best month in April, May is looking very strong as well, thus we are very confident going forward.
The reductions of the base interest rate and the discounted window rates have played a significant role in our current growth.
Additionally, we are rapidly growing our broker base due to our ongoing aggressive broker recruiting campaign. We at Expert are proud of the success we have had with the campaign to date, and are eager to continue into the future.
ABOUT EXPERT GROUP, INC.
Marketing a variety of financial products & services through: Expert Financing & Investments, Expert Group Title Services and Expert Credit Fix U.S.A. We are licensed by the Department of Financial Regulations & a member of the FAMB. Since inception, we have originated over 100 million in real estate loans.
ABOUT EXPERT FINANCING
Expert financing offers up-to-date loan programs tailored to fit all borrowers' needs. Our professional loan officers can help you find the best loan for your needs. We are a multi-national employer; we have representatives fluent in: Spanish, Russian, Portuguese, French, Italian, Hebrew and Creole. The company specializes in the following types of financing and loans: FHA, SBA, Fannie Mae, Freddie Mac, Jumbo Mortgages, Home Equity Credit Lines, Refinancing Loans, Foreign National Loans, No Income Verification Loans, Conventional and Non-Conventional Loans, Purchase or Leasing, Small Business Debentures, Commercial Property Credit Lines, Commercial Loans, Construction Loans, Residential/Commercial, Re-habilitation & New Construction Projects.
ABOUT EXPERT CREDIT FIX U.S.A.
We assist borrowers with less then perfect credit to fulfill their dream of home ownership. Our packages cover from minor credit issues like excess inquiries, to more challenging credit issues like bankruptcies, or even foreclosures. Our staff can customize your credit restoration service to best fit each borrower needs. Our experience WILL help borrowers to restore their credit to a level where lenders will grant them credit at a low interest rate.
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (I) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
Contact:
CONTACT INFO
Robert Rico
Email:
Robert@expertfinacing.net
Phone: 305-949-LOAN or 1-877-949-3700
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Source: Expert Group