FOR IMMEDIATE RELEASE

Primary Capital Mortgage, Now Accepting FHA Loans

Atlanta, August 1, 2007 - Primary Capital Mortgage, a leading residential mortgage company headquartered in Atlanta, Georgia, has recently begun processing FHA loans. After researching market demand for Federal Housing Administration loans, Primary Capital has elected to accommodate the requests of mortgage brokers nationwide. Offering new FHA loan opportunities will enable Primary Capital to broaden its extensive line of mortgage products while offering brokers more alternatives in meeting customer demands.

"I am pleased to announce Primary Capital will now be offering FHA loans in addition to our existing portfolio of attractive mortgage products. Our continued emphasis on customer service can only be enhanced by providing clients with a wide array of mortgage solutions," said George Phelps, Executive Managing Director of Primary Capital Mortgage.

For information on becoming a FHA approved sponsor, visit:
- www.pcmexpress.com // Click on FHA/VA Approval
- 1-877-690-1270
- info@primarycapital.com

Eligibility requirements and benefits related to FHA loans:

FHA loans are often ideal mortgage products suitable for a wide range of individual customer demands and eligibility concerns. U.S. citizenship is not required; however, the borrower must have ownership of a social security card. Credit, income and employment information must be verified to satisfy eligibility requirements, and FHA loans are only applicable to primary-residence properties. Bankruptcy and foreclosure do not necessarily disqualify a borrower's eligibility for loan approval.

FHA loans typically require only a 3% down payment, and gift funds are permitted (down payments do not have to be verified as the borrower's own money). Interest rates for FHA loans are equivalent to national rates for conventional mortgages. In addition, less stringent credit requirements provide borrowers with the opportunity to qualify for loan approval with less financial scrutiny than is commonly attached to other conventional loans. FHA loans offer fixed-rate mortgages, adjustable-rate mortgages (ARMs) and graduated-payment mortgages (GPMs), allowing the customer to select the product most suitable for their individual needs.

About George Phelps

George Phelps is the executive managing director and president of Primary Capital Mortgage. He began his leadership career at Allatoona Federal as SVP and Chief Lending Officer for Allatoona Federal and later became president and COO for Premier Lending Corporation, once Atlanta's third largest mortgage banking company. An advocate of the personal service only a smaller, entrepreneurial company can offer, George launched Primary Capital Mortgage in 2000. He credits his success to his super staff and senior managers, many of who have been with him from the start.

About the Company

Primary Capital Mortgage is a leading residential mortgage company headquartered in Atlanta. The company offers innovative products and services through three channels: wholesale lending, online mortgage program, and retail lending. Currently operating in 30 states, Primary Capital Mortgage closes over $2 billion in business annually. For more information, brokers are invited to visit www.pcmexpress.com and consumers can check out www.mortgage-in-motion.com.