About us
35+
years of mortgage
industry experience
who we are
Restoring the
American Dream
of Homeownership
We are a group of Mortgage, Real Estate and Securities professionals, each with over 35 years of industry experience, which has helped us to build a revolutionary product that will restore the American Dream of Homeownership for millions of underserved first-time homebuyers.
HomeDiv is setting a new standard in the mortgage industry with the first innovative product to come along in decades. Now underserved first-time homebuyers have the HomeDiv advantage.
benefits for borrowers
why choose us
Buying a home is usually the largest
purchase one will ever make - and most buyers will buy the most expensive house they can afford. That investment generally reflects the majority of a families' assets - which the mortgage reprents the majority of their liabilities. Now imagine if you invested 70% of your wealth in just one stock.
Home Diversification is similar to investing in an index of stocks instead of the stock in a single company, by spreading your investment risk across a National Index of home prices.
Home Diversification protects both borrower and lender with a virtually risk-free option to traditional mortgage products.
Benefits for Credit Unions
Compete with
the
Big
Dogs
Enhanced Member Value
Credit Unions can offer their members a unique housing security solution
Improved Member Retention
Providing Home Diversification builds long-term loyalty
Expand Membership Base
Program attracts First-Time Homebuyers; a younger demographic for Credit Unions
New Revenue Stream
Credit Unions and Community Banks can gain additional fee-based revenue
No Credit Risk
Lenders can keep their traditional Mortgage Operations intact
Regulatory Capital Relief
Solid third-party guarantee reduces loan loss reserves providing regulatory capital relief
$ t
Covered by PMI
m
Borrowers in 2023
%
PMI Market Share
$ k
Avg Loan Amount
from the experts
What experts say
about Home Diversification
Home Diversification Mortgages aim to make homeownership more accessible, particularly for underserved groups such as minorities and low-income families. Borrowers can save an average of $100–$160 per month compared to traditional mortgages
Michael G. Ware
Economist
The Home Diversification mortgages allow for low or zero down payments without requiring Private Mortgage Insurance (PMI), which is typically mandated for loans with less than 20% down payment
Mike Hardson
Realtor
The product incorporates a proprietary "home diversification model" that provides equity protection to homeowners. This model helps mitigate risks associated with fluctuations in home values, offering financial stability
Judith White
Real Estate Attorney