PrimeLending Makes $100K Donation to Help Families of Critically Ill, Injured Children

Opens Doors is a non-profit organization run by the Mortgage Bankers Association that assists families with a critically ill or injured child by making their mortgage payment.

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Provider: 
Business Wire, Inc.
Retrieved on: 
Wednesday, October 2, 2019
Information
Tags: 
Construction & Property, Finance, Professional services, Philanthropy, Foundation, Residential Building & Real Estate, Affordable housing, Federal assistance in the United States, United States Department of Housing and Urban Development, Banking in the United States, Mortgage Bankers Association, Economy of the United States, HOME Investment Partnerships Program, Housing, Economy, PrimeLending, MBA Opens Doors Foundation
Geotags: 
Texas, United States
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Organisation: 
PRIMELENDING, MBA OPENS DOORS FOUNDATION
Summary
Key Points: 
  • Opens Doors is a non-profit organization run by the Mortgage Bankers Association that assists families with a critically ill or injured child by making their mortgage payment.
  • Were so proud to be associated with the MBA Opens Doors Foundation, an organization that provides tangible relief to families dealing with extraordinary circumstances, said Todd Salmans, Chairman and CEO of PrimeLending.
  • Opens Doors is currently able to pass 100 percent of the donations it receives on to families in need of assistance.
  • The Foundations two initiatives assist families with critically ill or injured children by providing mortgage or rental assistance grants to help them keep their homes in the face of significant medical expenses.


National residential mortgage lender PrimeLending, a PlainsCapital Company and subsidiary of Hilltop Holdings Inc. (NYSE: HTH), has made a $100,000 donation to the MBA Opens Doors Foundation in Washington, D.C. Opens Doors is a non-profit organization run by the Mortgage Bankers Association that assists families with a critically ill or injured child by making their mortgage payment.

“We’re so proud to be associated with the MBA Opens Doors Foundation, an organization that provides tangible relief to families dealing with extraordinary circumstances,” said Todd Salmans, Chairman and CEO of PrimeLending. “Our participation is representative of the caring nature of all our employees and reflects our core purpose, to have a profound and positive impact on the lives of all we serve.”

For most families, the fear of losing a home is second only to the sense of panic that comes with the need to care for a loved one who is suffering from a major illness – especially if they are a child. The MBA Opens Doors Foundation was developed as an industry association model for utilizing both expertise and resources to help individuals and families facing housing challenges associated with the significant cost of care for a seriously ill child.

Opens Doors is currently able to pass 100 percent of the donations it receives on to families in need of assistance. The foundation’s ongoing relationship with Washington, D.C.’s Children’s National Medical System, Children’s Hospital Colorado, Cook Children’s, Texas Children’s, Children’s Hospital Los Angeles, Lucile Packard Children’s Hospital Stanford, Akron Children’s Hospital, Massachusetts General Hospital for Children, and Boston Children’s provide a network of care facilities to help identify potential grant recipients.

The MBA Opens Doors Foundation is a 501(c)(3) organization and all contributions are tax deductible. For more information about the Foundation or to make a donation, please go to www.mbaopensdoors.org.

About PrimeLending

PrimeLending, a PlainsCapital Company, is a national home lender combining personal guidance and local expertise with fast service, more choices and the flexibility to meet homeowners’ unique needs. We’re relentlessly focused on empowering our customers to boldly pursue their homeownership goals, whether they’re looking to buy, refinance or renovate a home. The PrimeLending team works alongside our customers in all 50 states, helping them make smart home financing decisions and have a rewarding experience along the way. Delivering on this promise for more than 30 years, we’re proud to consistently earn a 96% customer satisfaction rating1. PrimeLending is a wholly owned subsidiary of PlainsCapital Bank, which in turn is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH). More information at PrimeLending.com. Equal Housing Lender.

About MBA Opens Doors Foundation

The MBA Opens Doors Foundation was launched in October 2011, with an initial start-up contribution of $50,000 for the Mortgage Bankers Association and with MBA covering all administrative costs of the Foundation. The Foundation’s two initiatives assist families with critically ill or injured children by providing mortgage or rental assistance grants to help them keep their homes in the face of significant medical expenses. Having begun by serving families in the Washington, D.C. area. MBA Opens Doors has established a sound operational framework that will enable the Foundation to expand across the United States. Learn more at www.mbaopensdoors.org.

1 Survey administered and managed by an independent third party following loan closing. 96% satisfaction rating refers to the rating our customers give our loan officers. Our loan officers have received a 96% Customer Satisfaction Rating.

All loans subject to credit approval. Rates and fees subject to change. Mortgage financing provided by PrimeLending, a PlainsCapital Company. Equal Housing Lender.

© 2019 PrimeLending, a PlainsCapital Company. (NMLS: 13649).

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Copyright Business Wire 2019