Doral Mortgage Partners with San Juan Board of Realtors

Doral Mortgage, part of Doral Bank, has just announced the partnership with San Juan Board of Realtors. Doral Mortgage has reaffirmed its commitment to its members and has announced its support to continued education programs.

At the oath ceremony, 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. The event was attended by realtors, members of the M-Loan, Doral Mortgage, representatives of the Builders Association and others.

Santos Alvarado discussed his support of Doral and said, “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.”

Mendez said that it “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”.