BMO Launches Spanish-Language Mortgage Application to Expand Access to Homeownership for Latino Families and Individuals

Lawndale News Chicago's Bilingual Newspaper - Business

BMO has launched its first Spanish-language mortgage application, available digitally or in branch, to meet clients where they are and expand homeownership access to Latino families and individuals. BMO is committed to delivering exceptional client experiences and to understanding each client’s individual needs and ambitions to help them achieve their financial goals. The new application empowers families and individuals across the diverse Latino community to manage the mortgage process in their preferred language – from first-time homebuyers to multigenerational Latino households, who often navigate complex financial decisions together. According to the latest BMO Real Financial Progress Index, nearly 7 in 10 Latinos report that owning a home is one of their most important lifetime financial goals. In 2024, Latino/Hispanic homeownership reached a record high in the U.S., with 9.8 million households and a net gain of 238,000 new homeowners, according to data from the National Association of Hispanic Real Estate Professionals (NAHREP). Start your journey today:

Home buyers can start their application online or connect with a Spanish-speaking mortgage specialist to explore their homeownership options.

Apply now: Apply for a Mortgage Online – BMO

Need help in Spanish? Find a Spanish-speaking mortgage specialist near you – BMO

For additional information, visit www.bmo.com

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