Lender turns loans into charitable donation

HCS Funding of Agoura Hills, a full service independent mortgage banker and broker owned by lending giant, United Pacific Mortgage, has reached a contractual agreement with the charitable Web-portal, CauseYouCare.com, to offer residential mortgages that now 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.

At the closing of each loan with HCS Funding, the size of a donation is determined by the size of the respective loan purchased by the borrower.

CauseYouCare is a unique organization that brings donors, businesses and nonprofit organizations together through a Web-portal established for the benefit of nonprofit organizations.

To learn more about CauseYouCare and the benefits it can provide, please visit www.causeyoucare.com.