Real Estate & Home

Latino home purchase lending gap persists across California

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A new report by LatinoProsperity highlights persistent disparities in home purchase lending to Latino borrowers in California, where Latinos receive only 31% of home purchase loans despite comprising 37.7% of the adult population. The study reveals that traditional banks lag behind nonbank lenders in serving this demographic, underscoring a structural threat to Latino wealth building and intergenerational mobility.

Read the full article at HousingWire

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