Summit Mortgage to Sponsor BMW Club Racing

Summit Loan Officer Eric Heinrich Will be Behind the Wheel for the BMW CCA

BOSTON, April, 12, 2007 – Summit Mortgage, a premier, private Boston-based mortgage banking firm, is pleased to announce an exciting sponsorship agreement with the BMW Car Club of America’s (CCA) club racing program. As a premier-level sponsor, Summit Mortgage will provide sponsorship support to BMW Club Racing, in addition to a generous contingency package to the roster of racers, which includes Summit Mortgage’s very own, Eric Heinrich.

“I am very happy to add Summit Mortgage to our growing list of sponsors,” noted David McIntyre, chairman of BMW CCA Club Racing. “Eric Heinrich is both a Summit Mortgage Loan Officer and a BMW Club Racer, so he is anxious to improve the visibility of himself and his company within the racer community as well as the BMW CCA itself.”

Heinrich is one of hundreds of registered racers eager to compete in BMW Club Racing’s circuit of events, which consists of 34 races at different venues throughout 2007.

“Summit Mortgage is honored to become a 2007 BMW CCA Club Racing Associate Sponsor,” said Rick Fedele, CEO of Summit Mortgage. “We’re excited to watch Eric’s progress in his fifth year in the club racing circuit and look forward to a long-term relationship with the CCA as the only mortgage company on the sponsorship roster.”

Admission to attend most races is free and the public is encouraged to sign up to attend BMW’s driving school program. To find a race near you, please visit the club racing program chedule on bmwccaclubracing.com.

About Summit Mortgage:

Boston-based Summit Mortgage, founded in 1996, is one of the largest privately held mortgage banking firms in Massachusetts. It closed more than $1.2 billion in mortgage loans in 2006. Summit operates nine branches in the Boston area, including three in the city and one each in Lexington, Needham, Norwell, South Easton, Swampscott, and Wakefield, and three in Florida in Boca Raton, Naples, and Palm Beach Gardens. Summit and its affiliates are licensed throughout New England as well as AZ, CA, CO, DC, MD, NC, NV, OR, SC, VA and WA. The company recently placed 103rd on the 2006 Inc. 500 list of the country’s fastest-growing private companies with 877 percent growth from 2002 to 2005.

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