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2022 IMPACT PRIORITIES
ORLANDO, FL — the 27 percentage point homeownership gap between African American and Caucasian families in 1960 worsened to 30 ppts in 2017, after improving near the end of the 20th century.¹ Discrimination, economic inequality, and the housing crisis eroded access to one of the biggest wealth creation engines in America.
Home Lending Pal is a borrower-centric mortgage marketplace that has social good engrained into the core of its mission. Its marketplace offers tech-driven, personalized advice that helps borrowers make a plan, get prepared, and work towards achieving their homeownership goals, with an emphasis on removing bias for minority groups and millennials.
Higher mortgage denial rate for Black borrowers²
Of Home Lending Pal users to-date through public beta
Of Home Lending Pal revenues donated charities fostering financial inclusion
Bryan Young | Co-Founder and CEO
Steve Better | Co-Founder and COO
Frank Pollock | Chief Marketing Officer
Commonwealth harnesses entrepreneurial talent to create more opportunities for everyone to flourish.
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