Our story goes back to 1941. The attack on Pearl Harbor turned public opinion against all Japanese living in the United States, even against the Nisei (American born Japanese). Within just a few months after the outbreak of war, President Roosevelt's Executive Order #9066 dated February 19, 1942, moved all Japanese from the Pacific Coast to one of ten hastily built relocation camps in the inland states.
When they were finally released from the camps in 1945, anti-Japanese sentiment was still strong. Homeless in their own country, they were broke and without a source of credit. The housing shortage in Southern California was very severe in post war Los Angeles. Housing and job discrimination was pervasive. It was almost impossible to rent living quarters and few had enough money to buy a home.
In 1945, among those who were temporarily housed at the Centenary Methodist Church, a group banded together and started a Tanomoshi Club which was a neighborhood aid program based on mutual trust and compassion for the welfare of the group. Each Tanomoshi Club member contributed an equal share into a monthly "pot" and at its monthly meetings; any member in need of a financial loan would make a bid for the month's pot.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
The drum of the realization of the promise is beating, we are sweeping the road to the sky. Your joy is here today, what remains for tomorrow? The armies of the day have chased the army of the night...
NMLS 1795154