TSAHC Recognizes Top 2017 Lenders
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2017 was a tremendous year for TSAHC's homeownership programs. In partnership with a network of dedicated mortgage loan officers,
TSAHC helped 5,758 families purchase a home
last year. That's more than triple the number of families our homeownership programs assisted in 2016.
In total, our home buyer programs provided
$863 million
in mortgage loans and
$35 million in down payment assistance grants
in 2017 and helped 1,437 first-time home buyers obtain a federal tax credit worth up to $2,000 each year over the life of their mortgage.
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Each year TSAHC recognizes the three top-producing loan officers. With more than 1,453 loan officers originating at least one loan in 2017, this is a tremendous designation. This year's awards are presented to:
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NTFN, Inc. dba Premier Nationwide Lending
Ms. Schriever has been a top-producing loan officer in our home buyer programs two years in a row. In 2017, she originated
74 loans
, totaling more than
$12.5 million
. She is located in the Dallas/Fort Worth area and serves home buyers statewide.
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Right Start Mortgage
This is Ms. Smith's third year to receive an award as a top-producing loan officer. In 2017, she originated
53 loans
, totaling more than
$9.1 million
. She is located in the Dallas/Fort Worth area and serves home buyers statewide.
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PrimeLending
This is Ms. White's first year to receive an award as a top TSAHC loan officer. In 2017, she originated
50 loans
, totaling more than
$6.3 million
. She is located in Waco and can assist home buyers statewide.
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We also want to take a moment to recognize the top mortgage companies with the highest loan volume in 2017:
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680 Home Buyers
Served
$103.7 Million
in Loans Originated
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460 Home Buyers
Served
$67.4 Million
in Loans Originated
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420 Home Buyers
Served
$66.1 Million
in Loans Originated
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Our Website Has A New Look
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Check out our new website including these new features:
- Separate menus and website sections for Lenders, REALTORS®, Developers and Property Managers.
- A brand new News & More section that includes news & announcements, On the House blog posts, upcoming training opportunities and events.
- A simplified Home Buyers & Renters menu that better explains our program options. All website links removed from the menu can still be found on the Home Buyers & Renters landing page and in the green buttons on the side of each page.
We encourage you to update your bookmarks to our new website links.
We hope you will make full use of the new website features and that our website continues to be a useful resource. If you have any feedback or suggestions on the website, please email Katie Claflin at
[email protected]
.
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Public Comment Needed: 2018 Texas Foundations Fund
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The deadline to submit comments to Michael Wilt,
[email protected]
, is March 19, 2018 at 5:00 p.m.
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Register for Rural Housing
Preservation Academy Session 2
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The Academy kicked-off with Session 1 in January. Click
here
for a recap of that session. Session 2 entitled, "Overview of USDA Rural Development Transfer Process" will be held February 28 - March 1 in Temple, Texas. Click on the link below for more information on the academy and to register for Session 2 or any other session.
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Rural Rental Housing Preservation Academy
Brought to You By:
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Financial Support Provided By:
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February 23 in Dallas
- Finding Shelter: Affordability Squeeze in a Tight Housing Market sponsored by the Federal Reserve Bank of Dallas and the Real Estate Center at Texas A&M University
More Information and Registration
February 26 in Round Rock
- "Overcoming the Down Payment Hurdle" hosted by Williamson County Board of REALTORS
®
. The free, interactive session provides one credit of mandatory continuing education (CE) for REALTORS®.
More Information and Registration
February 28 - March 1
in Temple
- Rural Housing Preservation Academy, Session 2: Overview of USDA Rural Transfer Process
Event Page and Registration
March 4 - 6 in Galveston
- Empowering Texas Communities 2018 Conference hosted by the Texas Association of Community Development Corporations
More Information and Registration
March 14 in Spring Branch
- "Overcoming the Down Payment Hurdle" class hosted by Mortgage Solutions Financial. The free, interactive session provides one credit of mandatory continuing education (CE) for REALTORS®.
More Information and Registration
March 21 in Plano
- "Overcoming the Down Payment Hurdle" class hosted by Highlands Residential Mortgage. The free, interactive session provides one credit of mandatory continuing education (CE) for REALTORS®.
More Information and Registration
March 22 in Dallas
- "Overcoming the Down Payment Hurdle" hosted by American Financial Network. The free, interactive session provides one credit of mandatory continuing education (CE) for REALTORS®.
More Information and Registration
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Below are February 2018 excerpts from
On the House
, a blog TSAHC launched in 2014 on affordable housing topics. We invite you to drop by
On the House
as we explore important issues, provide an inside look into our programs, and share other valuable resources.
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Program Spotlight: The Texas Foundations Fund
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Through the Texas Foundations Fund, TSAHC partners with nonprofit organizations across Texas in support of housing services that meet the critical housing needs of very low-income households. To date TSAHC has invested more than $2.9 million to support critical home repairs and accessibility modifications, as well as supportive housing services.
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The Unexpected Fastest Growing Segment of the Housing Market
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A recent Urban Institute article covered five surprising things about the fastest growing segment of the housing market. But the biggest surprise may be the segment itself—single-family rental (SFR) housing. Since 2006, the SFR segment has grown from 31 percent to 35 percent of the country's rental market and outpaced growth in both single-family homeownership and multifamily rental housing during that time.
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How the New Tax Law Affects Texas Home Buyers
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The new Tax Cuts and Jobs Act took effect on January 1, 2018 and includes a few important changes to the tax code that may affect both new and existing homeowners. The new tax law caps the amount of deductible mortgage interest at a maximum mortgage amount of $750,000.
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