City National Bank Increases Ladder Up Home Loan Grant to as Much as $50,000 in Certain Los Angeles Markets
City National Bank Increases Ladder Up Home Loan Grant to as Much as $50,000 in Certain Los Angeles Markets
"Homeownership strengthens our communities and can help individuals and families ascend the ladder of financial success and generational wealth building," said One of the largest grants designed to help more Angelenos become homeowners
旨在帮助更多洛杉矶居民成为房主的最大资助之一
LOS ANGELES, Sept. 5, 2024 /PRNewswire/ -- City National Bank today announced it has increased its Ladder Up Home Loan Grant to as much as $50,000 in majority Black or Hispanic census tracts within the Los Angeles-Long Beach-Glendale, Calif., Metropolitan Statistical Area. The newly enhanced resource is designed to increase access to credit for individuals and families looking to purchase a home in eligible areas.
2024年9月5日，洛杉矶--市民国家银行今日宣布，在洛杉矶-长滩-格伦代尔市区内的黑人或西班牙裔普查区域，将其梯子上升贷款资助提高至最高5万美元。这种新的增强资源旨在增加个人和家庭在符合条件的地区购房的信贷准入。
The Ladder Up Home Loan Grant is part of a special purpose credit program (SPCP) that City National developed to help empower communities and bridge the housing affordability gap.
Through the SPCP, City National provides borrowers with grant assistance, a mortgage program, credit education and excellent service to help them navigate the homebuying process. Qualifying homebuyers may use the grant toward a down payment, closing costs or buying down the interest rate on their mortgage. In addition, with the Ladder Up Home Loan grant, mortgage insurance is not currently required regardless of the down payment amount.
梯子上升贷款资助是市民国家银行为帮助社区发展和弥合住房可负担性差距而推出的一种特殊目的信贷计划（SPCP）的一部分。
通过SPCP，市民国家银行为借款人提供资助、抵押贷款计划、信贷教育和优质服务，帮助他们顺利进行购房过程。符合条件的购房者可以将该资助用于首付款、购房成本或减低抵押贷款利率。此外，使用梯子上升贷款资助，无论首付款金额如何，都不需要购买抵押保险。
"Homeownership strengthens our communities and can help individuals and families ascend the ladder of financial success and generational wealth building," said David Cameron, head of Consumer Banking, City National Bank. "We are proud to offer one of the largest grants available to help more people in our community become homeowners."
市民国家银行消费银行部负责人大卫·卡梅隆表示：“拥有自己的住房会增强我们的社区，并帮助个人和家庭在财务成功和代际财富建设中攀登阶梯。我们很自豪地提供其中一个最大的资助，以帮助我们社区的更多人成为房主。”
In addition to the significant grant increase in certain areas of Los Angeles, City National also offers home loan grants of up to $20,000 in other qualifying geographies in Southern California, New Jersey and New York.
除了在洛杉矶的某些地区大幅增加的资助外，市民国家银行还在南加州、新泽西和纽约等合格地区提供高达2万美元的住房贷款资助。
About City National
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92 billion in assets as of July 31, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $101 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.
关于市民国家银行
市民国家银行是加拿大皇家银行的子公司，是洛杉矶总部最大的银行，截至2024年7月31日拥有920亿美元的资产。市民国家银行成立于1954年，在洛杉矶、橙县、圣地亚哥、旧金山湾区、纽约市、纳什维尔、亚特兰大、特拉华、拉斯维加斯、华盛顿特区和迈阿密等特定市场提供个性化的银行、投资和信托服务。此外，该公司及其投资子公司管理或管理着1010亿美元的客户投资资产。市民国家银行致力于强化社区，仅在2023年，该公司就向支持其所服务的社区的非营利组织捐赠了1100多万美元。
For more information about City National, visit the company's website at cnb.com.
有关City National的更多信息，请访问该公司的网站cnb.com。
*City National Bank does business in Miami and the state of Florida as CN Bank.
城市国家银行在迈阿密和佛罗里达州以CN银行的名义开展业务。
SOURCE City National Corp.
来源：City National Corp。
