April 2023 Lender News from AHFA

Top 2nd Quarter Lender Results Revealed

Leading Lenders

The top Leading Lenders for the second quarter of FY23 are, in alphabetical order:


Top Participating Lending Company

Guild Mortgage is our Top Participating Lending Company for the second quarter of FY23, closing the most home loans this quarter using our homeownership financing options. We asked Guild Mortgage lenders to share their favorite financial literacy tip for homebuyers, in honor of Financial Literacy Month. Stay tuned to our social media channels for their answers.

Congratulations to these lenders! We appreciate them closing deals this quarter using AHFA programs to make homeownership more affordable for their customers.

Freddie Mac to Host Online Regional Symposium

Learn more about how you can work with AHFA and Freddie Mac to "make home possible" for lower-income families and populations in need.

 

You’re invited to join leaders from Freddie Mac and nationwide HFA representatives (including AHFA Single-Family Administrator Carrie Hamaker!) for an online panel discussion to cover:


  • Trends in equitable housing
  • Opportunities and challenges millennial homeowners face
  • Housing inventory levels in the eastern United States
  • Affordable lending products and solutions to help prospective homebuyers
  • Recognition of lenders who advance homeownership

Wednesday, April 19, 2023

10 a.m. – 12 p.m. ET

Cost: FREE

Register Now

Free Toolkit to Help Lenders Navigate HFA Programs

The new HFA1 Affordable Homeownership Lender Toolkit is a free online resource that will help lenders work more efficiently with AHFA and other state housing finance agencies to provide mortgage loans and down payment assistance to lower-income home buyers.

The toolkit was developed with members of the Mortgage Bankers Association and other industry stakeholders. As a result, a group of 13 HFAs, including AHFA, reduced or eliminated loan overlays, created a common loan delivery checklist to lessen operational differences, and aligned their affordable mortgage and down payment assistance requirements in numerous areas. These moves will save time and money throughout the mortgage process.


To access the free toolkit and download its materials, click HERE.

Let's Connect!

Are you a mortgage professional or Realtor and want to know more about AHFA programs? AHFA offers on-site training on our programs that covers borrower and property eligibility, processing, documentation, income calculations and more. 


To schedule an informational visit or training session, simply email Alana Beaugez at abeaugez@ahfa.com.

Stay Tuned: Kids' Art Contest Coming Soon! 

On June 1, AHFA will launch our 2023 Kids' Art Contest. The contest is designed to bring awareness to National Homeownership Month and is open to any child ages 5-12 in Alabama. We invite young artists to submit an original art piece that illustrates a lesson in financial literacy and features our mascot, Bud.


Watch for full contest details coming soon to https://www.ahfa.com/ahfa-kids and our social media channels.

Alabama Housing Finance Authority | www.AHFA.com
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