1st United Bank appoints Leader Mortgage Inc. correspondent residential mortgage lender

Business Wire, Jan 11, 1996

BOCA RATON, Fla.--(BUSINESS WIRE)--Jan. 11, 1996--1st United Bank and Leader Mortgage Inc. are pleased to announce they have finalized an agreement to originate residential mortgages for all of 1st United Bank's branches which are located in Broward, Palm Beach, Martin and Brevard counties.

1st United Bank is headquartered at 980 N. Federal Highway in Boca Raton. The bank has 27 branches with assets of more than $450 million, making it one of the largest and strongest community banks in Florida.

"We are extremely delighted and proud to have been chosen by 1st United Bank's management and board of directors to handle their customers' residential mortgage needs. 1st United Bank and Leader Mortgage share the same philosophies of `our customers are our most important asset,'" stated Rick Mili and Mary Kay McHenry, principals of Leader Mortgage Inc.

Leader Mortgage will service 1st United with loan officers willing to meet at any location convenient to the customer, state of the art computerization and unequaled customer service giving their clients the professional attention and very competitive pricing for residential first and second mortgages that Leader Mortgage has been delivering to all its clients for the past 14 years.

From the first time home buyer to the affluent mega-jumbo borrower, Leader Mortgage can provide the loan at a very competitive rate with fast, hassle-free closings. They offer conventional, FHA, VA, jumbo and mega-jumbo products along with non-conforming loans for those who cannot qualify under normal guidelines.

CONTACT: 1st United Bank, Boca Raton

Ward Kellogg, Sr. Vice President, Sr. Loan Officer

407/392-4000