Detroit Home Mortgage Names New Program Director

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Krysta Pate has been appointed program director at Detroit Home Mortgage, an initiative designed to make home buying in the city more accessible.

Previously, Pate was at the Detroit Land Bank Authority where she worked with community partners, banks, homebuyer counseling agencies, real estate agents, and government agencies. She is also a member of the national task force charged with improving mortgage conditions in Detroit.

Pate started her career in retail banking as a mortgage loan officer for Bank of America. She also held positions as lead broker at Charter School Development Corp., aiding charter schools in obtaining working capital loans, and director of residential financing at Home Renewal Systems LLC, where she developed key neighborhood revitalization strategies for nearly 20 municipalities.

Pate of Detroit, earned her bachelor’s in public administration and community development from Central Michigan University.