First Century Bank launches Internet lending division

GAINESVILLE - First Century Bank has announced the launch of its new online lending division, CenturyPoint Mortgage.

CenturyPoint Mortgage is an Internet-based lender with offices located in Atlanta. CenturyPoint will serve borrowers in all 50 states and the District of Columbia, offering loans for purchase or refinancing of primary homes, second homes and investment property, as well as home equity loans. The company will also offer reverse mortgages, which unlock home equity, providing access to cash for senior Americans without requiring the sale of their home.

Would-be borrowers can search rates and apply for a mortgage online through CenturyPoint's mortgage website at www.CenturyPointMortgage.com. The Web site contains detailed information about loan products, as well as educational information about mortgages, home buying and consumer credit.

"We're excited about this opportunity to expand our reach to borrowers throughout the country," said R. Allen Smith, president and chief executive officer of First Century Bank, formerly the National Bank of Gainesville. "The hometown service our local customers have enjoyed for years will be a hallmark of our service to borrowers from coast to coast."

Local borrowers will be able to apply in person at First Century Bank, while still accessing the rates offered online by CenturyPoint Mortgage. CenturyPoint Mortgage can be reached toll free at 877-998-9900.

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On the Net:

http://www.myfirstcenturybank.com