NeighborWorks Capital Partners with CPC Mortgage Company

Share This Post

NeighborWorks Capital is excited to announce a new lending agreement with CPC Mortgage Company, the only nonprofit lender that Freddie Mac and Fannie Mae have approved to originate and service multifamily loans. Through this agreement, NeighborWorks Capital and CPC Mortgage now offer Freddie Mac, Fannie Mae, and FHA loan products to members of the NeighborWorks America network with low and transparent fees and transaction costs. 

“This new product offering is just the beginning of our plans to offer additional products and services to the members of the NeighborWorks America network,” says Jim Peffley, NeighborWorks Capital’s CEO since September 2022.  “The nearly 250 members of the NeighborWorks America network are powerful catalysts for locally-driven community advancement, and the NeighborWorks Capital team is committed to supporting their equitable and inclusive work.”

CPC Mortgage is a first-of-its-kind cooperative of impact-driven, nonprofit mortgage lenders and investors.  CPC Mortgage’s revenues support its mission-aligned members’ work to create a positive social impact through investments in housing and community development. 

To learn more, contact Steve Peelor, Chief Lending Officer, at speelor@neighborworkscapital.org or 240-595-1561.

Subscribe To Our Newsletter

Stay up to date with NeighborWorks Capital

More To Explore

Chief of Consulting

The Chief of Consulting (CC) is a member of the senior management team and has overall responsibility for the startup and buildout of a consulting business focused on the affordable housing and community development industry. The CC will need to be an entrepreneur at heart but also be able to work as part of a team. The CC is a critical strategic partner for the Chief Executive Officer (CEO) and will report directly to the CEO.

Read More »