Problem
Minorities are denied mortgages at double the rate—sometimes more!—of other borrowing populations. The barriers can be fixed, but are not being addressed.
Minorities are denied mortgages at double the rate—sometimes more!—of other borrowing populations. The barriers can be fixed, but are not being addressed.
Solution
Champion Lender is addressing the loan gap with a two-sided solution. HOME stands for Home Ownership & Mortgage Education; it is a dual-platform, total home buying/refinancing solution that reduces denials in underwriting.
Champion Lender removes barriers for borrowers and reduces inefficiencies for lenders.
Champion Lender is addressing the loan gap with a two-sided solution. HOME stands for Home Ownership & Mortgage Education; it is a dual-platform, total home buying/refinancing solution that reduces denials in underwriting.
Champion Lender removes barriers for borrowers and reduces inefficiencies for lenders.
Achievements
- All-in-one platform that guides first time home buyers through the process
- Providing solutions for buyers, lenders, and brokers
- Helped 500+ home owners that would have been denied mortgages
- Marginalized communities bought 12% of the 5.64M homes sold in 2020
- 86 mortgage partners as of Feb 2022
- $5.4M gross revenue in 2021