Local government agencies are permanent stakeholders in their neighborhoods. Now they can access new solutions to housing problems with a range of collaborative options:

• Refer borrowers to Responsible Homeownership (R-HOME) authorized lenders who can provide:
• An automated process that instantly combines R-HOME loan products with local government subsidies and grants.
• Refinance products to assist borrowers already trapped in inappropriate mortgage products.
• First mortgage products with sustainable loan products at competitive rates
• First mortgage products without prepayment penalties or excessive costs and fees.
• Provide eligibility guidelines to R-HOME so its automated underwriting system can match and refer program eligible borrowers to local housing program subsidies and grants.
• Directly access R-HOME loan products and Fulfillment Services for an efficient, cost-effective process without capital investment.

Access to the latest technology has played a significant role in the evolution of the mortgage banking industry. The expanding availability of the R-HOME platform to more nonprofits and to local governments can help them better serve a broader range of constituents.