Have you ever heard of The Affordable Housing Loan Program? Are you familiar with NexBank? Do you know what Habitat For Humanity and Dallas Neighborhood Homes really does for the community? These are all questions that can and will be answered over the next few years. This is the perfect business model for helping struggling individuals with mortgage support. The Affordable Housing Loan Program will help the struggling lower income areas of Southern Dallas by removing families from poverty stricken areas into a nice new home of their own. Of course this is no easy feat and some much needed financial support is needed and that’s where the region’s premier banking institution comes into play.
Receiving affordable mortgage coverage can be difficult in these poor economic times and most banks aren’t in the lending mood. Fortunately, NexBank has risen to the challenge and will be providing over $50 Million of support that’s strictly for loans. Yes! $50 Million of it’s own hard earned dollar bills will surely go toward creating new homeownerships. Being so successful in a savage business, NexBank has an estimated $3.5 Billion of assets backing it up and is willing to share a bit for a great cause.
The famous homebuilder Habitat For Humanity and the prominent non-profit mortgage provider Dallas Neighborhood Homes are also teaming up with NexBank to see this through to the end. Now individuals or families will get the support, knowledge, guidance, and counseling to make a successful transition. This might be one of the business trios ever developed and it’s for a great cause. Stay tuned because the City of Dallas is about to set new trends in mortgage financing.