Metrocities Mortgage, a national direct lender and mortgage broker based in Sherman Oaks, Calif., has opened a branch office at 333 Westchester Ave. in White Plains. The company has leased 3,500 square feet of space until 2011.
Metrocities is a subsidiary of Prospect Mortgage, backed by Sterling Partners, a private equity fund with nearly $4 billion of capital under management. The company’s branch manager in White Plains is Donald Arace, former vice president at New York Mortgage Co. with 22 years of lending experience in Westchester County.
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