BLOOMINGTON, Ill., June 16, 2011 /PRNewswire/ — Mortgage Services III, LLC (MSI) of Bloomington, IL is pleased to announce the expansion of its Home Loan Division through the acquisition of Pinnacle Home Mortgage Company, of Schaumburg, IL. The newly acquired team will be located at 718 E. Schaumburg Road, Schaumburg, IL 60194. This mortgage lending office will focus on home purchases as well as refinancing current mortgages through Conventional, FHA, VA, Jumbo and Reverse mortgage products.

Mark Young, President and CEO of Mortgage Services III, LLC commented, “I am extremely pleased that Bill McNamee and his staff have joined the MSI team. Pinnacle Home Mortgage Company has been a valued wholesale lending partner for years and will be a valued asset to the MSI Home Loan Team.”

Mr. McNamee’s vast knowledge of the mortgage business, unwavering focus on customer satisfaction and exceptional patience has made him a leader in his field. McNamee was the President of the Illinois Association of Mortgage Professionals (IAMP) 2006-2007 and Chairman of the IAMP Past Presidents Council 2008-2010. He has received several industry awards including IAMP Loan Officer of the Year in 1999, 2008 & 2009. In addition to the individual awards, Pinnacle Home Mortgage was named IAMP Broker of the Year in 2000 & 2003. They have been featured in Crain’s Chicago Business, USA Today, The New York Times, The Chicago Tribune and The Daily Herald.

About Mortgage Services III, LLC

Mortgage Services III, LLC National Headquarters is located in Bloomington, IL. MSI has sales and operations platforms in Batavia, IL; Chicago, IL (Clark Street, Lincoln Ave. and Milwaukee Ave.); Oakbrook Terrace, IL; Sycamore, IL; Warrenville, IL; Indianapolis, IN; Urbandale, IA; Kansas City, MO; Brookfield/Milwaukee, WI and Washington DC.

MSI offers multiple established channels including a Retail Home Loan Division, a National Wholesale Lending Division, a National Correspondent Lending Division, as well as a Reverse Mortgage Division.

Mortgage Services III, LLC, a wholly owned subsidiary of First State Bank Member FDIC, is committed to providing the highest quality service and personal care to all of its clients. Visit us at: http://www.mortgageservices3.com

SOURCE Mortgage Services III, LLC