San Diego, CA (PRWEB)
June 22, 2017
The National Association of Hispanic Real Estate Professionals® (NAHREP®), in association with Radian Guarantee, released its third annual Top 250 Latino Mortgage Originators Report recognizing the top producing Latino mortgage professionals across the United States. The report ranks individual originators based on both number and dollar volume of transactions. For the third consecutive year, Wells Fargo led the way as the company with the most honorees, followed by New American Funding and Quicken Loans.
While Hispanics are projected to represent more than 50 percent of U.S. homeownership gains over the next 15 years, only four percent of mortgage industry professionals identify as Hispanic, according to the 2016 State of Hispanic Homeownership Report®, a publication of NAHREP and the Hispanic Wealth Project™ (HWP™). With 88 percent of honorees identifying as bilingual, the Top 250 report recognizes individuals whose cultural skill sets provide an invaluable resource to the largest and fastest growing segment of new homebuyers nationwide. Their accomplishments underscore the need for substantially more culturally competent professionals within the mortgage banking industry.
“A highly skilled loan originator can make a complex and intimidating process much easier for everyone involved,” said Leo Pareja, NAHREP President. “NAHREP applauds the accomplishments of the Top 250 Latino Mortgage Originators for making home buying an attainable goal for a sometimes underserved market.”
The Top 250 Latino Mortgage Originators Report was compiled through a self-nomination process reflecting total transactions closed during the 2016 calendar year, then validated by NAHREP through the nominees’…