Mortgage Lender Offers Charity Angle

Los Angeles-based HCS Funding, a full-service independent mortgage banker and broker owned by United Pacific Mortgage, has announced an agreement with the charitable Web-portal, CauseYouCare.com, to offer residential mortgages that feature a philanthropic component.Under the agreement, HCS Funding will donate a significant portion of its closing fee per transaction to any nonprofit organization designated by the borrower via CauseYouCare. Currently, nonprofit organizations receive donations of $250 for loans ranging from $100,000 to $333,700, $500 for loans of $333,701 to $650,000, $1,000 for loans of $650,001 to $3 million, and $5,000 for loans over $3 million. HCS Funding can be found online at http://www.hcsfunding.com, and CauseYouCare can be found at http://www.causeyoucare.com.