January 27, 2017
(Austin)— In partnership with a network of dedicated mortgage loan officers in Texas, the Texas State Affordable Housing Corporation (TSAHC) helped 1,791 Texas families purchase a home in 2016 through the Homes for Texas Heroes and Home Sweet Texas Home Loan Programs. These low-to-moderate income families were able to qualify for a low fixed interest rate mortgage loan, a grant for down payment assistance and/or an annual federal tax credit to help purchase a home.
In total, TSAHC’s programs provided $209 million in mortgage loans and $8.9 million in down payment assistance grants to home buyers in 2016. Additionally, 595 of the 1,791 families assisted were able to access a federal tax credit specifically for first-time buyers that saves them up to $2,000 each year on their income taxes.
TSAHC recently honored the top three loan officers for helping families purchase a home with its home buyer programs:
Kim Lewis with Mortgage Financial Services, LLC assisted 49 home buyers in 2016, originating more than $7 million in mortgage loans. Ms. Lewis has been the top TSAHC loan officer eight years in a row.
Stacy Schriever with NTFN, Inc. dba Premier Nationwide Lending assisted 33 home buyers in 2016, originating more than $4.9 million in mortgage loans. This is the first year that Ms. Schriever has been recognized as a top TSAHC loan officer.
Connie Tharp with Hometrust Mortgage assisted 29 home buyers in 2016, originating more than $4 million in mortgage loans. This is Ms. Tharp’s first year to receive an award as a top TSAHC loan officer.
“Our participating loan officers play an essential role in helping Texas families apply for TSAHC’s home buyer programs,” said David Long, TSAHC President. “We want to express our appreciation to all of the loan officers and mortgage companies who used TSAHC’s programs to provide Texas families with an affordable path to homeownership.”
TSAHC would also like to acknowledge the top mortgage companies who participated in TSAHC’s home buyer programs in 2016:
PrimeLending: assisted 206 home buyers, totaling more than $27.4 million in mortgage loans
Everett Financial, dba Supreme Lending: assisted 192 home buyers, totaling more than $28.3 million in mortgage loans
Cornerstone Home Lending, Inc.: assisted 146 home buyers, totaling more than $20.3 million in mortgage loans
Complete information on TSAHC’s home buyer programs, including an eligibility quiz for home buyers, can be found by visiting www.readytobuyatexashome.com.