Latino Veterans recruited to aid home buyers in Colorado

“There are great demands to have bilinguals enter the mortgage banking industry. More Hispanics are buying homes and many times because of the language barrier, they are not receiving the information they need to purchase that home.

In order to bring attention to this problem, the Mortgage Bakers Association (MBA), Freddie Mac, a coalition of Hispanic groups and the real estate banking industry started a program for Hispanics in the military called “The Welcome Home Program.”

Welcome Home provides free, web-based mortgage banking training for Latino men and women transitioning from the US Armed Forces, veterans and family members of both groups. The training is a first step in a campaign to increase the number of bilingual Hispanic Americans in the mortgage banking profession to meet the demand from the increase in Latinos’ buying homes. The Welcome Home program also helps put trained participants in contact with mortgage banking companies that may have job openings.”

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