The Change Company

About The Change Company

The Change Company CDFI, LLC is dedicated to providing equal access to financial services, empowering Americans to pursue their dreams by eliminating the wealth gap and bringing social and racial equity to homeownership and financial tools. As a certified Community Development Financial Institution, their mission focuses on community development and supporting underserved communities.

Products & Services

Change Home Mortgage:Mortgage services aimed at helping individuals, especially from underserved communities, secure loans for homeownership.

Change Wholesale:Wholesale mortgage services for broader distribution to support homeownership.

xChange:A digital marketplace for prime impact loans, enabling banks, insurance companies, and investors to buy attractive loans and build balance sheets.

Street Smart Valuations:Appraisal services to support accurate property valuations for mortgage processes.

Community Mortgage Program:A unique loan program designed for self-employed individuals and others with non-conventional income sources, facilitating home purchases and refinancing.

Specialties

Community Development Financial Institution (CDFI) Affordable Homeownership Social and Racial Equity in Financial Services Prime Impact Loans Mortgage Lending for Underserved Communities

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Securitization T: - FT: Securitization	A: 307000000 MR: - FA: $307 million FAN: 307000000	D: 2023-05-25 FD: 2023-05-25	1 investors

Securitization Latest

2023-05-25

$307.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

A

Antonio Villaraigosa

Chairman

C

Chris Gardner

Board Director

S

Steven Sugarman

Founder

T

Thedora Nickel

Director, Executive Director

J

Jeff Seabold

Board Director

C

Carlos Salas

Director, President

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