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Minority-owned small business lender Lendistry to offer home loans in Georgia 

by John Yellig

Lendistry, a minority-owned small business lender, is now offering mortgages in Georgia through its new Lendistry Home Loans (LHL) unit. 

LHL will offer conventional purchase and refinance loans, as well as loans for non-traditional borrowers, including streamlined FHA loans and VA Interest Rate Reduction Refinance Loans.  

“Lendistry Home Loans will offer the kind of technology-enabled, customer-centered experience that small business owners have enjoyed with Lendistry to first-time home buyers and borrowers looking to refinance or invest in property,” LHL Managing Director Drew Collins said in a press release. “Across the board, we are here to help our customers succeed financially.” 

Lendistry has loaned over $400 million to small businesses in Georgia, with the majority of loans going to minority- and women-owned businesses, the company said, adding that its nonprofit unit, The Center by Lendistry, collaborated with local organizations to launch the BeltLine Business Ventures accelerator in Atlanta last year.  

“It’s a challenging time in the housing market right now, so I see no better time to offer an alternative to homebuyers who need a responsible, equitable lender who understands their communities,” said Lendistry CEO Everett Sands, who is now LHL’s CEO as well. “Together, Lendistry Home Loans and Lendistry will be a holistic capital source for underserved borrowers in the two most impactful pathways to closing the wealth gap: business ownership and homeownership.” 

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