As a consumer lending executive/senior leader at some of the country's leading lenders for the past 30 years, Lenny has managed and led teams and individuals through the ever changing environment of consumer lending as a business line leader, divisional, and regional manager.He has been able to utilize and leverage his banking and mortgage leadership experience in sale growth, sales strategies, and business development to increase productivity and market growth while maintaining integrity and a quality customer experience. Lenny has a successful track record in that space combined with his passion, experience, and knowledge as a leader with community and affordable lending positions him perfectly to lead at an organization at the highest level.
A new mortgage program aims to close the gap in homeownership rates between white and Black Americans, and Oakland is among nearly a dozen pilot markets.
U.S. Bank's Access Home Loan program geared toward first-time homebuyers, but being new to the housing market isn't required. It will provide a credit of up to $5,000 to cover closing costs, down-payment assistance of up to $12,500 and down payments as low as 3% of the purchase price.
Facing high interest rates and home prices, some buyers have only a small down payment to offer. But they still have plenty of options.
If we can introduce this type of information with the help of the Junior Achievement, we have a way in which we can get to these young people very early. So then they’re not new to this and as they begin to grow and mature it becomes normal.