Bank / Credit Union

First Community Mortgage intros loan program for Hispanic people

September 17, 2021

First Community Mortgage, a subsidiary of First Community Bank of Tennessee, has launched HOLACASA, a home opportunity loan program for Hispanic people. The program uses non-traditional qualifiers for non-traditional workers who may be self-employed, work seasonally or have income from multiple jobs, according to a press release.

This bilingual program is open to foreign nationals and non-resident immigrant status with ITN/W7 U.S. tax return filings and the loans may be used for primary residences, second homes and investment properties.

"We are honored to be recognized as one of America's leading companies for Multicultural Market Outreach," Keith Canter, CEO of First Community Mortgage, said in the release. "Our expertise offers real estate professionals, including Realtors and brokers, a unique competitive advantage in the Hispanic market, the largest multicultural segment and second fastest growing ethnic group in the U.S."