Movement Mortgage launches bilingual lending team, in-house ITIN product

• Movement Mortgage launched a national Diverse Lending Support Team (DLST) to aid loan officers in serving Spanish-speaking borrowers.
• The DLST offers bilingual staffing support, building on Movement's existing Spanish-language lending platform.
• Movement has brought its ITIN mortgage program in-house, replacing a broker process with its own lending professionals.
• The in-house ITIN product provides financing up to 85% loan-to-value for qualified borrowers lacking a Social Security number.

South Carolina-based Movement Mortgage has launched a national Diverse Lending Support Team (DLST) and an in-house Individual Taxpayer Identification Number (ITIN) mortgage product aimed at increasing access for Spanish-speaking homebuyers and those without Social Security numbers.

The DLST is a dedicated bilingual group designed to support loan officers working with Spanish-speaking borrowers, enhancing the company's existing Comunidad platform. Jeremy Berrios, Movement’s vice president of multicultural markets and strategic growth, stated that the investment aims to "create greater access, deliver a better experience and serve our communities with excellence."

For loan officers who do not speak Spanish, the DLST acts as an extension of their business, enabling them to originate loans they might not have previously been able to. Spanish-speaking loan officers can utilize the team for bilingual assistance and support staff, allowing them to focus on client relationships and production.

Movement has also brought its ITIN mortgage program in-house, replacing a complex and costly broker process with its own lending professionals. This product offers financing up to 85% loan-to-value for qualified borrowers who do not possess a Social Security number.

The company believes the combination of the centralized bilingual support team and the in-house ITIN product will streamline services for a growing market segment that has historically faced language and documentation barriers. The National Association of Hispanic Real Estate Professionals projects that Latino households will be a substantial driver of U.S. homeownership growth in the coming decades, underscoring the importance of language access and ITIN lending capabilities for lenders seeking to compete in these communities.