Skip to main content

Mortgage Lending Impact

May 11th, 2015   

In 2014, HOPE closed nearly $16 million in mortgages – largely to low-income, minority and first time homebuyers. Ninety-seven percent of mortgages were to low-income families, minority homebuyers or first-time homebuyers. Seventy-three percent of homebuyers that received a HOPE mortgage in 2014 were low-income, 73% were minorities and 90% were first-time homebuyers.