The Lenders Giving Borrowers 2nd Potential Loans

Brenda Woods did want to move n’t and then leave the yard she had tended for 40 years. However the roof had been falling in. Along with her bank wouldn’t provide her and her husband Larry that loan to purchase an alternative house.

Brenda’s nevertheless tending her garden, however, by way of a second-chance loan from the brand brand New Hampshire Community Loan Fund-a Community developing standard bank (CDFI). It let the Woods exchange their property with a brand new, safe, affordable, energy-efficient manufactured house.

Almost 700 families financed domiciles through the grouped Community Loan Fund, which won a $5.5 million honor through the Wells Fargo UPCOMING Awards for chance Finance. Read the rest of this entry »