Building a Brighter Future

Finding a new home for his family was supposed to be a bright spot for Clark Psalmonds and his family during a challenging year. Unfortunately, the loan officers at several financial institutions did not see the opportunity in the same light. When he did not receive the mortgage financing needed to purchase a new house in a new neighborhood, his realtor referred him to HOPE. Clark immediately felt at home at HOPE and recalled the support from staff throughout the loan process. “I liked the interaction with actual people rather than an automated recording” says Clark. He qualified for a mortgage through HOPE’s Affordable Housing Program, a mortgage that does not require a down payment or mortgage insurance and that is able to consider nontraditional forms of credit during the underwriting process. “When it seems like you can’t make it, always have hope.” Clark was happy to purchase a new home and looks forward to building community in their new neighborhood.