Movement launches bilingual lending team, in-house ITIN product

South Carolina- based Movement Mortgage has launched a national Diverse Lending Support Team and an in-house Individual Taxpayer Identification Number (ITIN) mortgage product to serve more Spanish-speaking homebuyers. The Diverse Lending Support Team (DLST) is a dedicated bilingual group that supports loan officers working with Spanish-speaking borrowers, the company said in its announcement. “Language should never be a barrier to opportunity,” Jeremy Berrios, Movement’s vice president, multicultural markets and strategic growth, said in a statement. “This investment will help us create greater access, deliver a better experience and serve our communities with excellence.”The team builds on Comunidad, Movement’s Spanish-language lending platform introduced in 2016, which covers the full mortgage process. The new team adds staff capacity on top of that infrastructure. For LOs who do not speak Spanish, DLST functions as an extension of their business, enabling them to originate loans they may not have been able to do previously. Spanish-speaking LOs can use DLST for bilingual assistants and support staff, helping manage files so they can focus on relationships and production. Movemen...