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Equity · Advocacy · Excellence

The alliance closing the homeownership gap.

BMPA equips Black mortgage professionals — and every teammate in the lending process — with the training, technology, and advocacy to help more families reach the closing table.

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BMPA members and community 80+ years combined expertise
Wholesale & Retail Loan OfficersMortgage BrokersProcessors & ClosersReal Estate AgentsTitle & Insurance PartnersIndustry Leaders Wholesale & Retail Loan OfficersMortgage BrokersProcessors & ClosersReal Estate AgentsTitle & Insurance PartnersIndustry Leaders
Press Release · October 7, 2026

BMPA applauds UWM's removal of its minimum credit score overlay on agency loans.

UWM's Fannie Mae, Freddie Mac, FHA, VA and USDA loans will no longer carry a UWM-imposed minimum credit score — eligibility will be determined through automated underwriting under agency guidelines. Watch the latest BMPA Housing Headlines, then read the full statement.

Read the Press Release

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Who Can Join

All mortgage professionals who share our mission are welcome. We do not discriminate.

Wholesale & Retail Loan Officers Mortgage Brokers Processors & Closers Real Estate Agents & Brokers Title & Insurance Partners Industry Leaders & Partners
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Why BMPA

A niche built on relevance and results.

Niche Focused

BMPA is specifically focused on serving Black mortgage professionals and every teammate in the mortgage process — a clear value proposition that sets us apart from other industry organizations.

Cultural Relevance

We foster strong community ties by addressing the unique challenges and opportunities faced by Black professionals in the mortgage industry.

Industry Expertise

Aligned with experienced leaders, BMPA delivers high-quality resources, networking, and advocacy. Our Executive Leadership Team brings a combined 80+ years of proven success.

BMPA members at the Minority Homeownership Conference
BMPA members networking BMPA members in conversation
Why We Exist

The data speaks for itself.

These disparities underscore why BMPA exists — to drive change and advance equitable homeownership.

Exhibit 01

Homeownership Rates

45% Black household homeownership, Q2 2022 — versus 75% for White households, a 30-point gap unchanged for three decades.

Source · NAR, "A Snapshot on Race and Homebuying in America"

Exhibit 02

Mortgage Denial Rates

1.8–2.5× Black applicants are up to 2.5 times as likely to be denied a mortgage as White applicants with similar characteristics; Latino borrowers roughly 1.5 times.

Source · HUD, "Unequal Burden: Income and Racial Disparities in Subprime Lending"

Exhibit 03

Historical Context

The Black–White homeownership gap is wider today than during the era of legally sanctioned redlining — underscoring the enduring impact of systemic barriers.

Source · U.S. Census, "Homeownership by Race and Ethnicity of Householder"

↓ Urban.org Report ↓ State Race Data ↓ HUD Unequal Burden ↓ 2024 NAR Snapshot ↓ NAHB Rates by Race ↓ Subprime Chart Data
BMPA in the News & Media

The movement, in motion.

BMPA Executive Team at the U.S. Capitol, April 2026

BMPA on Capitol Hill

Read how BMPA leadership met with Members of Congress from both parties to advance real, actionable solutions for closing the homeownership gap.

Chicago to Host MHC 26

BMPA officially announced the Minority Homeownership Conference 2026, set for March 19–20 at Wind Creek Chicago Southland.

Students Entering the Industry

How students preparing for careers in real estate, mortgage, finance, and business can place themselves where professionals gather.

Join the Alliance

This is more than an alliance. It's a movement.

Bring your expertise to a community advancing equity, ethics, and professional growth across the mortgage industry.

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