Welcome to the Home of the Community Mortgage
Welcome to the Home of the Community Mortgage
I have been working with Chi Do for many years now and she has been a great partner. She and her team are always available and always have answers for my team. When they do not, they will always get back to us in a timely fashion to help us originate more loans. Chi also produces at a high level which means she gets to talk to other brokers and always has new and fresh ideas for her partners. I would highly recommend Chi!
John D. | Equinox Home Financing
With volatile income from her business, Luz couldn’t provide the income documentation necessary to qualify for a traditional mortgage. Her monthly and annual income volatility was exacerbated by the fact that her business is an “all-cash” business; her taxable income did not necessarily reflect her cash flow and ability to make monthly mortgage payments. With almost four years of reserves after close, a 30% down payment, and a prime credit score of 763, this savvy business owner qualified for a Community Mortgage to buy her new home.
Luz | Small-Business Owner with Irregular Income
I have been working with Chi Do for more than 2 years as our Account Executive for Change Wholesale. During that time, I have been thoroughly impressed with not only her product knowledge but her availability and responsiveness. 9 out of 10 times I call I get her on the phone and most of the time my emails have a response within 15 minutes. Keep in mind that I only send her my difficult files and she usually only gets about 1 loan a month from this office. This means I’m not making her rich, but she still takes the time treat me (and my staff) like we are the most important account she has. This speaks volumes about her service levels and her character. I highly recommend Chi Do as an AE to anyone and everyone.
Paul S. | Allied First Bank
As a real estate professional, Juan can generate tax losses from items such as accelerated depreciation and other tax incentives; thus, his taxable income has been negative in recent periods and/or below his GAAP income. Due to his tax-efficient business, he has not been able to get a traditional bank loan and had taken out a 10% hard money loan to acquire his new house. With a 50% down payment, ability to pay the 10% interest rate on the hard money loan, and history of successful homeownership, Juan and Mondie received a Community Mortgage loan that enabled them to upgrade their home while reducing their overall interest expense.
Juan & Mondi | Looking to Tap Trapped Home Equity
As an Industry Veteran of 23+ years, I’ve learned that it’s important to work with people you can trust, especially in a tough market. Chi Do is exceptional. She has the knowledge base and accuracy needed to address any scenario or situation. Her follow-through is excellent, and her team is one of the best in the industry. Chi is one of the best in the business.
Mike T. | Landmark Mortgage Capital
A renter for 10 years, Jian had recently sold his established business and was kept on as a consultant with significant compensation. He was ready to fulfill his dream of buying a home with more than 30% down to put toward the purchase. Due to the fact that he was recently self-employed as a consultant – to his own former business – Jian was not able to qualify with traditional lenders due to his lack of a two-year history in his new job. Because of Jian’s prime credit score of 753, 30% down payment, and his lucrative consulting role with the business he had just sold, we were able to help him realize his dream of homeownership with a Community Mortgage.
Jian | Recently Self-employed Consultant
Chi and her team have been wonderful to work with. We first started working with Chi and the Change team in 2020 and they have been our go-to resource for tough deals and investor programs. I highly recommend working with Chi and Change, and I look forward to our continued success in years to come.
Enzo M. | M5 Financial
Because Cierra recently went back to work after a six-month hiatus, she wasn’t able to show the two consecutive years of employment history required to qualify for a traditional mortgage, according to the Ability to Repay (ATR) rules under Dodd Frank. With Cierra’s 58 months of reserves after closing, a 30% down payment for the new home, her prime credit score of 762, and her new job, we were able to provide Cierra with a Community Mortgage loan for her and her daughter’s new home.
Cierra | Recent Inheritance & Gap Employment History
My clients’ success in buying a home is directly related to those I chose to do business with. I only work with AE’s who care, follow up and who go the extra mile. I’ve been a top producer for decades, so when I met Chi Do, I knew she was something special. I have high standards & expectations; she was not afraid, so our first deal closed smoothly. The subsequent deals did the same and I will not let her go!
Our industry changes but it’s the people that make the difference. Putting the clients’ needs first and foremost is my primary concern! Chi Do does just that, timely, professional, experienced, knowledgeable, and best of all – she’s a pure joy to work with on transactions!
Glenn B. | Guaranteed Rate
Change Wholesale has a range of products as diverse as your borrowers to help you serve more people than your competitors. As a CDFI, we create our own portfolio of products and guidelines that are exempt from complex underwriting rules and regulatory restrictions. Instead, we make smart credit decisions and use leading-edge technology to increase the number of loans you can close.
Less hassle. More closings. That’s the Change Wholesale advantage.
Submit a Loan
Price Out a Scenario
Bank Statement Desk
Training Videos & Guides
How-to: Upload a Loan
This video demonstrates how to upload a new loan.
How-to: Lock a Loan
This video demonstrates how to lock a loan.
How-to: Request a Lock Extension
This video demonstrates how to request a lock extension.
How-to: Order an Appraisal
This video demonstrates how to order an appraisal.
How-to: Submit a COC
This video demonstrates how to submit a COC.
How-to: Request a CD
This video demonstrates how to request a CD.
How-to: Request Adverse Action
This video demonstrates how to request adverse action.
How-to: Use Quick Pricer
This video demonstrates how to use the quick pricer.
Marketing Tools & Resources
Change In the Media
Market Thoughts & Industry News
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