At Clearinghouse CDFI we believe in providing equal access to credit in neighborhoods of all income levels and for all ethnic groups. We spend the time and energy required to find creditworthy borrowers whose projects create assets in the community. These borrowers, because of their unique circumstances, are sometimes rejected or not even considered by traditional lenders.
Community development lending must be profitable in order to be sustained. As with conventional lenders, we carefully evaluate each applicant's ability to repay the loan. Unlike traditional lenders, we do not have predefined loan programs. We analyze each loan application individually. Every loan we make benefits the community in a measurable way.
Loans up to $3 million (real estate based)
- Acquisition
- Construction/Rehabilitation
- Refinance
Specializing In
- Multi-family affordable housing
- Facilities (churches, day-care centers, etc.)
- Loans to non-profits
- Small businesses
- Commercial loans
- Community revitalization/economic development
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