Raquel Borras- Contributing to the Increase of Homeownership for Hispanics

 Raquel Borras recently joined the First Home Mortgage team with one main focus in mind- providing for the Hispanic community.  Being of Hispanic decent, she feels it is her obligation to help increase home purchases within the Hispanic population and help more Hispanic people build their career in the mortgage industry.  She firmly believes this community just wants to be treated with both understanding and respect; that they want to feel like they have the same opportunity as anyone else to buy a home.  Even if they are unable due to cash, credit issues, etc.,  Hispanic residents want someone to educate them on the home buying process so that they, too, can own their dream home.

For many years, the Hispanic community was targeted in a negative way.  Raquel wants to demolish that stigma and restore their faith.  According to the 2016 National Association of Hispanic Real Estate Professionals (NAHREP), Hispanics will account for 52% of new homeowners, with nearly six-in-ten categorized as Millennials or younger.  As a whole, hispanics are more youthful than any other U.S. demographic. Hispanics are projected to represent nearly 60% of homeownership gains in the next 15 years.  They have achieved a net gain of 1,103,000 homeowners, going from 6,198,000 in 2010 to 7,301,000 in 2016.   The number of total Hispanic households grew by 330,000 in 2016 which accounts for 38% of total U.S. household formation growth making them no longer a minority group.

Raquel lives by the golden rule: to always be kind.  In everything she does, she does it with honesty and integrity.  This is why she will make such a great asset to the First Home team.  Not only will she help increase homeownership in the Hispanic community, but she will help bring more diversity to the First Home Mortgage workplace.

For more information on the Hispanic community or to say, “welcome to the team!” see below:

Raquel Borras VP of Business Development- Emerging Markets
NMLS ID: 1415097
O (703) 443 1150 ext. 3433
C (703) 434 0727
1602 Village Market Blvd. Suite 330, Leesburg, VA 20175

Home Design Application Must-Haves

Did you buy a home and need inspiration to decorate it? Or, do you currently own a home and need an interior update?  These smartphone apps are perfect for you!  They help inspire home improvement, all in the palm of your hand.  These apps are smartphone Android and iOS friendly, at a minimal fee or no price at all.  If you are looking to buy in the near future and need help getting started, contact a First Home Mortgage Loan Officer for more information.  Once your dream home is yours, you can put these apps to the test.

Zillow Digs

Zillow currently provides a price estimate on the majority of real estate in America.  Their website provides an online, searchable database easily accessible to all.  They now offer an app for home improvement and design.  It allows you to choose an array of interior projects that matches your price point.  Zillow digs also provides advice from real designers and allows you to share with others on social media.


This app allows for you to view 1,500 different shades of Sherman-Williams’ paint inventory and will allow you to apply it to any of its virtual sample rooms.  Not only do you get to see how different colors look in different rooms, it will also analyze colors of any photo on your smartphone and inform you of what shade of paint it is.


Houzz contains more than 5 million high resolution home images that are tagged and organized according to style, room and location. You can search your favorite looks and save them in an “idea book” to later refer to when needed.  It also includes real-life design consultants that you can share and request ideas from.

Other top home designing applications that you can download are Homestyler Interior Design, Curate, Like That Décor and Furniture, MagicPlan, MyPantone, BrightNest and Home Design 3D Gold.

Love the ideas you find on these applications but need the finances to do them? First Home Mortgage offers Renovation loans for home improvements.  Contact a First Home Mortgage Loan Officer now to learn more. Click Here

Connect With Us