100 Percent Financing Option Paves Way to Homeownership, Regardless of Credit Challenges

SAN FRANCISCO – May 1, 2006 -- Bryco Funding Inc., an innovative leader in flexible and personalized lending solutions has launched an 80/20 loan program that will enable more people to pursue the “American Dream” of homeownership. The program empowers current renters to achieve homeownership comfortably even with median income and credit obstacles.

The 80/20 program allows borrowers to take out a first mortgage on 80 percent of the purchase price of the home and a second mortgage on the remaining 20 percent. Many potential homebuyers lack the savings for a traditional cash down payment, and the 80/20 program gives these individuals the option of purchasing their first home with little or no money down.

Bryco’s chief lending officer Ali Vafai stated, “We are excited to offer this revolutionary program as a new, attractive option for home buyers. The 80/20 program allows prospective home buyers to reduce out of pocket expenses, avoid paying Private Mortgage Insurance, receive possible tax deductions and take the first step toward financing their dream home.”

As a direct lender, Bryco offers the most flexible guidelines in the industry:
• No Verification of Rent (VOR)
• No Payment Shock
• 100 percent Cumulative Loan to Value (CLTV)
• 1 Day Out of Bankruptcy
• Stated Income/Stated Asset for Self Employed Borrowers
• 6 percent Seller Concessions
• 50.49 percent Debt to Income Ration (DTI)
• 40 Year or Interest Only Available
• 580 FICO Full Doc/640 Stated Income

For more information about Bryco’s personalized home ownership options please visit us at our Web site http://www.brycofunding.com.

About Bryco Funding Inc.
Bryco Funding Inc., headquartered in the heart of San Francisco’s financial district, leads the national mortgage industry with a focus on personalized customer service and lending flexibility. A direct lender, Bryco matches competitive loan programs with the widest array of homeowner needs on the market. Bryco’s mission is to fulfill customers’ expectations of homeownership and financial freedom across the United States from origination to close via a fast, hassle-free loan process. Bryco stands staunchly behind its motto: Loans. Not Limitations.™ For more information about Bryco, please visit http://www.brycofunding.com.

Media Contact: Chelsea Brown
Phone Number: 415.321.3367
E-mail: ChelseaBrown@brycofunding.com