Industry News

Metrocities forms another real estate partnership

RE/MAX Coastal Properties and Metrocities create San Diego Coast Mortgage

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The trend of mortgage and real estate brokerage partnerships continues with the latest joint venture between Metrocities Mortgage and RE/MAX Coastal Properties. The venture will be called San Diego Coast Mortgage, the two companies said Thursday. RE/MAX Coastal, a member of RE/MAX of California and Hawaii, Inc.'s network, and residential lender Metrocities, said the alliance will serve home purchasers in the Mission Beach, Pacific Beach, Ocean Beach and Point Loma communities and clients throughout the franchise realty firm. RE/MAX of California and Hawaii, Inc.'s network includes more than 400 offices and more than 11,000 associates. The new relationship will supplement the list of ancillary services available at RE/MAX Coastal Properties, offering home buyers "one-stop" real estate services and lending capabilities, including both traditional and innovative loan programs, the companies said. These programs include interest-only loans. "As the recipient of the CustomerSat ACE Award fo...