Through a new partnership with Loans4Love, a socially responsible mortgage banking firm, the nation’s largest school-based after-school nonprofit organization, After-School All-Stars (ASAS), now provides the public and its supporters a new way to be philanthropic that combines the art of lending with the heart of giving. When prospective homeowners purchase or refinance a new or existing home loan with Loans4Love, they will be able to donate 25 percent of their 1 percent origination fee to ASAS, thereby helping to provide free after-school programs for at-risk youth.
“Loans4Love is a unique approach to giving,” said Teresa Chien, Director of Development of ASAS. “In tough economic times, people still want to be charitable and this partnership allows them to do that while they complete something they were going to do anyway. Fifteen years ago, vehicle donation programs were a groundbreaking and successful way for people to give. We believe Loans4Love will be the next revolutionary option.”
David Ludington, Loans4Love Founder and CEO, adds, “There is a real crisis in the life-changing challenges faced by too many of the young people in this country. ASAS is one of the most prominent leading lights in creating a solution. Not only do we want to ensure the best financing to fit each personal situation, but we also want to have a direct, positive impact in the communities where our customers call home.”
For more information or to start a loan for love, visit Loans4Love.com or call 1-800-757-0550 for a free consultation.
About After-School All-Stars
Founded by Governor Arnold Schwarzenegger in 1992, After-School All-Stars (afterschoolallstars.org) is the leading national provider of high quality, comprehensive, school-based after-school programs that include academic support, enrichment, and health and physical fitness activities. Assisting 80,000 at-risk youth a year, the organization’s mission is to keep children safe and help them achieve in school and in life. Currently, After-School All-Stars operates in 13 U.S. cities: Atlanta, Chicago, Columbus, Dallas, Hawaii, Las Vegas, Los Angeles, New York, Orlando, San Antonio, San Diego, San Jose and South Florida.
Loans4Love (Loans4Love.com) is a unique mortgage banking firm with a mission of operating as a referral network to connect borrowers who care about making a difference with local, like-minded, socially-responsible bankers who will donate a substantial amount of their commission to non-profit organizations. Loans4Love has created an innovative and progressive vehicle to address industry issues while simultaneously becoming part of the solution in times of market apprehension.