Young mortgage professionals only have until Feb. 14 to submit their entries
Homepoint is looking to attract a new generation of young mortgage professionals with its new scholarship program.
The company’s philanthropic arm, Homepoint Foundation, has opened applications for its first Homepoint Community Scholarship Program. The mortgage servicer will provide up to ten $6,000 scholarships to high school seniors, graduates, or college undergraduates who live in or near Ann Arbor, Mich.; Dallas, Texas; Chandler, Ariz.; and Clearwater, Fla. Homepoint will initially launch the program in these four areas – where it has corporate footprint, with plans to distribute the scholarship grants nationwide in the future.
“We’re excited to introduce the first-ever Homepoint Community Scholarship Program for students who are eager to make their mark in the business world,” said DeAndre Lipscomb, chief diversity and inclusion officer at Homepoint and president of the Homepoint Foundation. “We feel the mortgage industry would greatly benefit from an injection of new and diverse talent as lenders and agencies continue to address home affordability concerns throughout the country.”
Homepoint chief originations officer Lisa Patterson said the program aims to be the “first step towards developing a more structured pipeline connecting young talent to such a promising field.”
“The mortgage industry is a multi-trillion-dollar business that employs thousands of people throughout the country, yet it doesn’t have a dedicated academic path offered to students at the college and university level,” Patterson said.
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In addition to the scholarship money, recipients will get access to financial literacy support programs and career consultations. Homepoint noted that winners must be planning to enroll in full-time undergraduate study (with a focus in business, finance, accounting, economics or a related subject) at an accredited two- or four-year college, university, or vocational-technical school for the entire upcoming academic year.
Entries for the Homepoint Community Scholarship Program close at 4:00 pm EST on Feb. 14. To get a copy of the application form and for more information, visit learnmore.scholarsapply.org/homepoint.
