Center for Financial Advancement

A solution to the mortgage industry's diversity challenge

The face of the typical homebuyer is changing. People of color will account for four of five of the newly created households over the next decade. The mortgage finance industry will be particularly challenged by this sea-change in demographics.  To keep pace, mortgage lenders must attract and retain young, skilled, and diverse talent.

"Diversity is critical to the future success of the mortgage industry.  Not only does it strengthen our companies, but it helps us to reach out to an increasingly diverse customer base."    Jeffrey Schummer, VP Education Business Development, Mortgage Bankers Association

The Center for Financial Advancement ™ (CFA) helps the industry to solve this critical need.  We partner with, recruit, train and place students from Historically Black Colleges and Universities (HBCUs) to intern in partnering mortgage and real estate companies.  Participating CFA Scholars are exposed to credit, money management, and homeownership in order to become a savvy consumer and future homeowner.

Diversify your team. Grow your business. Become a Partner.

  • Gain market share and greater brand recognition in African American communities
  • Attract a pipeline of minority interns and potential permanent hires
  • Cultivate a workforce that mirrors homebuyers of today and tomorrow
  • Have a better-prepared pipeline of millennial buyers and owners of colors
  • Get CRA credits
  • Benefit from a powerful marketing and public relations plans that will:
  • Reach more than 2 million families nationwide through positive press, university alumni, and local outreach
  • Produce more than 3 million social media impressions using Facebook, Twitter, Instagram and the CFA website

Explore partnership opportunities today!
For more information contact:
Gwendolyn Garnett
Program Director
855.493.4002 or 301.891.8405

CFA Sponsor Partners

Apply to become a CFA Scholar 

Fisk Students Apply & Click Here

FT. Valley Students Apply & Click Here

Bowie State Students Apply & Click Here 

NC Central Students Apply & Click Here


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