January 2023 Lender News from AHFA

Top 1st Quarter Lender Results Revealed

Leading Lenders

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

Top Participating Lending Company

Guild Mortgage is our Top Participating Lending Company for the first quarter of FY23, closing the most home loans this quarter using our homeownership financing options. We asked Guild Mortgage lenders about their goals for the new year. Watch 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.

AHFA Banks on Financial Literacy for Kids

AHFA is seeking to partner with Alabama banks to add a children’s component to existing homebuyer education efforts.

 

“We saw a need in our state for basic financial literacy training for children,” said Carrie Hamaker, AHFA’s single-family administrator. “The earlier we can teach our kids about financial responsibility, the better equipped they’ll be to develop good habits and make informed spending decisions as adults.”

 

AHFA is offering the kids’ sessions in conjunction with Alabama banks who participate in its Step Up program, which offers down payment assistance for homeowners earning less than $130,600. Designed for children ages 6 and up and subject to availability, the classes are designed to complement banks’ adult homebuyer education courses, first-time homebuyer seminars, and other community outreach events.

 

AHFA has created coloring books, kid-friendly giveaways, interactive online games, and short videos explaining the differences between needs and wants, how to count U.S. coins, good savings habits, and more. Also in the works is a partnership with the U.S. Space & Rocket Center in Huntsville to present a field trip for children.

 

“Our classes so far have been very well-received,” said Hamaker. “Our message is that ‘you’re never too young and it’s never too late’ to learn financial literacy.”

 

Sample videos and other resources can be viewed at ahfa.com/ahfa-kids. For further information on co-hosting a class or event with AHFA, please call Carrie Hamaker at 334-244-9200.

'Homeownership should not be a fantasy':

AHFA Q&A with FY22 Leading Lender Harris Baker

See AHFA’s 2022 Lender of the Year Harris Baker outline his plans for a repeat win and advice for potential homebuyers. In the last fiscal year, Baker closed the most mortgage loans and was instrumental in leading loanDepot to become AHFA’s top-producing mortgage lending company for the year as well.

New Participating Lender


AHFA is pleased to welcome Lennar Mortgage, LLC as a participating lender in the Step Up and MCC programs.

Holiday Office Closing


The AHFA offices will be closed on Monday, February 20 in observance of Presidents' Day.

Alabama Housing Finance Authority | www.AHFA.com
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