As part of its commitment to the real estate sector, Doral Mortgage announced Wednesday its partnership with San Juan Board of Realtors, which includes supporting the trade group’s continued education program, among other initiatives.
Before a group of realtors, representatives of the Home Builders Association, members of the M-Loan, Doral Mortgage and other mortgage industry associations in the country, Jesús F. Méndez, operations executive vice president of Doral Bank Puerto Rico, took the oath from Eduardo Santos-Alvarado, the new president of the San Juan Board of Realtors.
Framed in the slogan “New era, new market,” the incoming president spoke about the opportunities in this emerging market.
Santos-Alvarado also acknowledged the support of Doral and noted, “It’s important to work together to achieve the goals we all have in the mortgage market. Our present is challenging, therefore, it’s important to know the existing opportunities to provide successful solutions to consumers in a responsible manner and that’s what we are looking for with our partnership with Doral.”
Meanwhile, the Doral Bank executive told the group “it is essential to establish such partnerships in times of economic change.”
He emphasized that Doral has always distinguished itself for extending services of opportunities and alternatives to citizens in programs that promote home buying. With programs such as HARP (Home Affordable Program Refinance) and FHA Streamline, the bank has allowed families to refinance their mortgage at a lower interest rate even at a time when the value of the property has been affected, allowing a significant financial relief for these families,” he said.
Méndez and his team also reaffirmed Doral’s commitment with brokers and members of the mortgage industry.