Embrace Home Loans Celebrates 38 Years, Brings Back Charity Week

Embrace Home Loans is celebrating its 38th year of business with the return of Orange Week—a company-wide effort in which employees donate their time and energy to more than 50 local charities.

During Orange Week, individual departments and branches at Embrace choose non-profit organizations to support and volunteer hands-on work. This year, employees cleaned up beaches and cemeteries, created birthday boxes for hospitalized children, volunteered at animal rescues and painted historic ballparks, among other events.

“While we had to cancel Orange Week last year due to the pandemic, we’re back with a bang this year—and just in time,” said Embrace CEO Dennis Hardiman. “Although the nation has turned a corner on the coronavirus, many communities are still struggling and need help. To a person, our employees epitomize what it means to make a difference in the lives of others.”

Some of the charitable organizations and activities Embrace is supporting this week include Newport Blooms, Norman Bird Sanctuary, West Place Animal Sanctuary, Save The Bay, Miantonomi Park cleanup, Food Drive for MLK Center, Bramans Cemetery gravestone cleaning, Boots on the Ground, Operation Stand Down Rhode Island, Second Beach cleanup, The Chase Home, and more.

In addition to Orange Week, Embrace commits a percentage of its earnings to charity. Over the past decade, the company has given more than $25 million toward worthy causes. Employees can volunteer at an organization of their choice for up to 100 hours while still receiving pay, and the company will donate a dollar amount for each hour volunteered to the organization. Embrace also matches up to $2,500 in donations per employee each year.

Embrace continues to actively recruit loan officers, underwriters and loan processors to meet the growing demand for its mortgage products. The company originated more than $6 billion in mortgage loans in 2020, a company record and a 70% increase from 2019.