Change Lending Becomes a Member of the Federal Home Loan Bank of San Francisco
09 Mayo 2024 - 8:00AM
Business Wire
Change Lending, LLC (“Change”) proudly announces it has become a
member of the Federal Home Loan Bank (FHLB) of San Francisco as of
May 6, 2024. This milestone marks a significant step forward in
Change Lending's commitment to serving underbanked and underserved
borrowers and communities.
The FHLB of San Francisco is a vital financial institution
dedicated to providing reliable liquidity, funding, and support to
its member institutions. As a member, Change Lending gains access
to a diverse range of financial products and services that will
bolster its lending capacity and liquidity and allow it to better
serve its customers.
"Joining the Federal Home Loan Bank of San Francisco underscores
our dedication to empowering individuals and communities through
accessible and affordable home lending," said Carlos Salas, CEO of
Change Lending. "We are thrilled to collaborate with the FHLB of
San Francisco to enhance our offerings and advance our mission of
making homeownership dreams a reality."
Change Lending's membership in the FHLB of San Francisco aligns
with its strategic goals of fostering economic growth, promoting
homeownership, and supporting community development initiatives. By
leveraging the resources and expertise of the FHLB, Change Lending
aims to strengthen its position as a trusted partner in the
financial services industry.
Change Lending is a community development financial institution
certified by the United States Department of the Treasury. Change
focuses on making home loans to underserved, prime homeowners.
Since becoming a CDFI in 2018, Change Lending’s lending has focused
on Black, Latino, Filipino, Vietnamese, Disabled, and low-income
borrowers, and borrowers who reside in low-income communities.
Learn more about Change at www.TheChangeCompany.com.
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Lindsay Valdeon Lindsay.Valdeon@TheChangeCompany.com