A new survey of homeownership across the U.S. reveals that the number of Hispanics who choose to own a home is still steadily on the rise, though last year’s growth slowing down to a more sustainable rate of increase when compared to years previous.

According to Fox News Latino, the recently-published State of Hispanic Homeownership Report shows that 54,000 Hispanics became homeowners in 2014, compared to a 347,000 increase in 2012. Approximately 45.4% of Hispanics now own a home.

Even more impressive? In the years from 2000 to 2014, Hispanics represented 50% of the country’s net growth of overall owner households. From 2010 to 2020, the Urban Institute predicts this percentage will rise to 55.5%.

“(The study) also suggests that even higher Hispanic homeownership growth could be achieved under a stronger economy and policies that expand credit to lower- and middle-income Hispanics,” the Hispanic Homeownership Report adds.

Buying a pre-existing home is overwhelmingly the most popular choice for individuals in the real estate market, with 45% of home buyers choosing an existing home. When buying a new home, 28% of buyers prefer to buy from a home builder; 27% would rather custom-build their home on their own land.

A significant portion of Hispanics who are becoming homeowners are immigrants. According to the St. Louis Post-Dispatch, 50% of Hispanic homeowners will be immigrants by 2020. These people face a unique set of circumstances and challenges while buying a home that U.S. citizens don’t experience.

While there are no legal barriers or residency requirements that prevent foreign nationals from buying property or owning homes on U.S. soil — even undocumented immigrants can technically purchase a house — it can be difficult for immigrants to get financing for a home purchase.

“These folks have a much harder time obtaining financing,” Jason Madiedo, president of Las Vegas-based Alterra Home Loans, explained. “Many immigrants tend to be credit-adverse, which limits their options.”

However, once potential homeowners locate the right lending company that is considerate of cultural nuances and their unique financial situation, it can be surprisingly easy for Hispanics to get the financing needed to own a home in the U.S. — the land of opportunity.