Arrive Home has promoted two c-suite executives, the company announced in a press release.
Matt Pettit, co-founder and president, has been promoted to CEO, while Tai Christensen, co-founder and chief diversity and public relations officer, will replace him as president.
Arrive Home is a national affordable housing program that provides down payment assistance offerings and alternative credit solutions to underserved and minority communities.
Arrive says the change reflects the company’s growth since debuting in November 2022.
“We are thrilled with the progress we’ve made since launching last year, and are excited to introduce other credit solutions to the market in the coming months,” said Pettit.
Arrive offers a suite of products geared towards helping new borrowers buy a home, especially products for non-traditional and ITIN consumers. Borrowers who meet FHA guidelines can benefit from down payment assistance and an earned equity program to help them break into the housing market.
“Arrive Home has made huge strides toward its mission to help borrowers in underserved communities build generational wealth through homeownership,” noted Christensen. “As our team continues to grow, our mission remains the same: to make responsible homeownership more accessible to buyers by easing the production burdens on lenders nationwide.”
Pettit brings more than two decades of mortgage industry experience to the company. Prior to Arrive, he served as national sales manager at the Chenoa Fund by CBC Mortgage. He also served as Northwest Regional Corporate Board of Governors Chair for the National Association of Hispanic Real Estate Professionals.
Last year, he was named a 2023 Rising Star by HousingWire and a NextGen Leader by Progress in Lending.
Christensen hosts the California MBA’s podcast on Equity, Diversity, and Inclusion, and serves as Chair of the American Mortgage Diversity Council. She is also a board member for the non-profit Axis Lift 360, which works to provide the mortgage industry with a more diverse talent pool.
Christensen has won numerous awards and most recently was named a 2023 Woman of Influence by HousingWire.