SOURCE: MoneyLine Lending Services

January 23, 2006 09:00 ET

Premier Valley Bank Partners With MoneyLine Lending Services to Roll Out New Home Loan Program

New Residential Mortgage Loan Program Offers Customers a Wider Variety of Products and Services With Guaranteed Competitive Rates, On-Time Closings, and Online Access

IRVINE, CA -- (MARKET WIRE) -- January 23, 2006 -- MoneyLine Lending Services, a specialized provider of end-to-end mortgage origination and fulfillment services, is pleased to announce that Premier Valley Bank, a full-service community bank in Central California and serving the Sierra, has partnered with MoneyLine to help the bank implement and launch a new residential mortgage lending program. Premier Valley Bank's mortgage program offers clients a complete line of competitive mortgage products and enhanced customer service tools.

Through the new program, Premier Valley Bank now delivers a full spectrum of residential mortgage loans, all with guaranteed best rates and guaranteed on-time closings. The bank is utilizing new, internal communication and online loan tracking tools so branch personnel can quickly track a loan's progress and provide customers with up-to-the-minute loan status. Also, for the first time, customers can initiate the loan process or make loan inquiries either online at www.premiervalleybank.com, at a branch location or via phone.

Premier Valley Bank implemented the new program to create a more efficient mortgage process that would give customers access to a wider variety of mortgage products. The bank selected MoneyLine's services because MoneyLine supports a versatile mortgage program with a relationship banking approach. It also selected MoneyLine because of their state-of-the-art online loan origination and tracking tools and support, which helped the bank establish an online home loan program. In addition, MoneyLine's ongoing training will ensure the bank's mortgage personnel can continually operate an efficient mortgage program that delivers exceptional service for customers.

"We are very pleased with our partnership with MoneyLine, which has an excellent reputation within the banking industry," said Bob Longatti, Senior Vice President, Lending Services, Premier Valley Bank. "At Premier Valley Bank customer service is extremely important to us and we have found that the partnership response mimics the service we currently provide our customers for our other products."

"We have established an exceptional partnership with Premier Valley Bank because they have a relationship banking approach, which is right in line with our mission," said Evan Gentry, president and CEO, MoneyLine Lending Services. "Together we are committed to a mortgage program that is competitive, efficient, and profitable so Premier Valley can build its valuable customer relationships."

About MoneyLine Lending Services

MoneyLine Lending Services is a specialized provider of end-to-end mortgage origination and fulfillment services. The Irvine, California-based company provides financial institutions and other mortgage lenders with private-label business process outsourcing (BPO) solutions designed to strengthen customer relationships. MoneyLine's services allow each client to operate a competitive, efficient and profitable mortgage program without the additional infrastructure costs typically associated with mortgage lending. Proprietary, state-of-the-art technology facilitates multiple origination channels and real-time tracking tools that simplify and enhance the mortgage process for client personnel and their customers. For more information, visit www.moneylinelending.com or call 800-837-8570.

About Premier Valley Bank

Premier Valley Bank is a full service bank known as "THE" Business and Professional Bank in Central California and "THE" Community Bank serving the Sierra. The Bank's Directors are Jerry E. Cook; Mateo F. De Soto, M.D.; Surinder P. Dhillon, M.D.; Linda F. East; Richard H. Lehman; Michael S. Mathiesen; J. Mike McGowan; Thomas G. Richards; and Joe Williams.

Contact Information

  • Contact:
    Evan Gentry
    President and CEO
    MoneyLine Lending Services
    800-837-8570
    Email Contact

    Helen Nazaroff
    AVP, Marketing Officer
    Premier Valley Bank
    559-256-6463
    Email Contact