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Austin, Feb. 19, 2019 (GLOBE NEWSWIRE) -- The Texas State Affordable Housing Corporation (TSAHC) helped 9,425 Texas families purchase a home in 2018 thanks to partnerships with a network of dedicated mortgage companies and loan officers. TSAHC’s home buyer programs, known as the Homes for Texas Heroes and Home Sweet Texas Home Loan Programs, provide fixed-rate mortgage loans, down payment assistance, and federal mortgage interest tax credits that can make purchasing a home more affordable for low and moderate-income families.
In total, TSAHC provided more than $1.4 billion in mortgage loans and $54 million in down payment assistance to home buyers in 2018. Additionally, 2,324 of the 9,425 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 three loan officers who helped the most families purchase a home with TSAHC’s home buyer programs in 2018. With more than 2,200 loan officers originating at least one loan in 2018, this is a remarkable achievement.
Stacy Lynn Schriever with NTFN, Inc. dba Premier Nationwide Lending assisted 97 home buyers in 2018, originating more than $16.5 million in mortgage loans. This is the third consecutive year that Ms. Schriever has been recognized as a top three TSAHC loan officer.
Jordan O’Brien with Cardinal Financial Company assisted 82 home buyers in 2018, originating more than $14.9 million in mortgage loans. This is Mr. O’Brien’s first year to receive an award as a top three TSAHC loan officer.
Eric Armendariz with Everett Financial, Inc. dba Supreme Lending assisted 72 home buyers in 2018, originating more than $12.4 million in mortgage loans. This is Mr. Armendariz’s first year to receive an award as a top three TSAHC loan officer.
To view photos of the top loan officers, visit www.tsahc.org/news/article/2018-top-lenders
“TSAHC’s home buyer programs assisted 40% more home buyers in 2018 than in the previous year, and we attribute much of this accomplishment to our dedicated network of participating loan officers” said David Long, TSAHC President. “Loan officers play a major role in guiding Texans through the process of buying a home, and we want to thank all of the loan officers and mortgage companies who used TSAHC’s programs in 2018 to provide Texas families with an affordable path to homeownership.”
TSAHC would also like to acknowledge the top three mortgage companies who participated in TSAHC’s home buyer programs in 2018:
Everett Financial, Inc. dba Supreme Lending: assisted 970 home buyers for a total of $170 million in mortgage loans.
Fairway Independent Mortgage Corporation: assisted 677 home buyers for a total of $111 million in mortgage loans.
Guild Mortgage Company: assisted 617 home buyers for a total of $101 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.
About Texas State Affordable Housing Corporation
The Texas State Affordable Housing Corporation (TSAHC) is a statewide non-profit organization created by the Texas Legislature whose mission is to serve the housing needs of low-income Texans and other underserved populations who do not have comparable housing options through conventional financial channels. For more information, p lease visit www.tsahc.org.
Michael Wilt Texas State Affordable Housing Corporation 5123342157 email@example.com