February 12, 2014
Doral Mortgage joins efforts with San Juan Board of Realtors
Reaffirms commitment to the real estate sector

In its commitment to the field of Real Estate, Doral Mortgage announced the partnership with San Juan Board of Realtors. During the oath ceremony of the new board of the Association, Doral Mortgage reaffirmed its commitment to the members. They announced their support to the continued education program, addressed to professionals of the Board of Realtors, among other initiatives.

With an audience of realtors, representatives of the Builders Association, members of the M-Loan, Doral Mortgage and other mortgage industry associations in the country, Jesús F. Méndez, Operations EVP of Doral Bank Puerto Rico, took the oath of Eduardo Santos Alvarado, the new president of the San Juan Board of Realtors.

Framed in the slogan "New era, new market," the incoming president spoke about the opportunities in this emerging market. Santos Alvarado also acknowledged the support of Doral and noted, "It's important to work together to achieve the goals we all have in the mortgage market. Our present is challenging, therefore, it's important to know the existing opportunities to provide successful solutions to consumers in a responsible manner and that's what we are looking for with our partnership with Doral."

The Doral Bank executive had a moment with the audience and said that "is essential to establish such partnerships in times of economic change, emphasizing that Doral has always distinguished itself by extending services of opportunities and alternatives for citizens in programs that aimed at the acquisition of homes. With programs such as HARP (Home Affordable Program Refinance) and FHA Streamline, they have allowed families to refinance their mortgage at a lower interest rate even at a time when the value of the property has been affected, allowing a significant financial relief for these families". Méndez and his team reaffirmed the commitment of Doral with brokers and members of the mortgage industry.

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