AUSTIN, Texas, March 1, 2013 /PRNewswire-USNewswire/ -- In partnership with outstanding mortgage lenders across the state, the Texas State Affordable Housing Corporation (TSAHC) was able to help 1,738 families purchase a home in 2012. That equates to over $200 million in mortgage loans originated by lenders in Texas. These low-to-moderate income families were able to qualify for a low fixed interest mortgage loan, a grant for down payment assistance and/or an annual federal tax credit to help purchase a home.
TSAHC recently honored the top three lenders helping families purchase a home with TSAHC's homebuyer programs:
Kim Lewis with NTFN, Inc./Premier Nationwide Lending originated 136 loans in 2012 totaling over $15.8 million in mortgage loans. Ms. Lewis has been the top TSAHC lender four years in a row.
Nancy Moreland with Brookhollow Mortgage Services, a division of Cornerstone Mortgage Company, originated 36 loans in 2012 totaling over $4.8 million in mortgage loans. This is the first time Ms. Moreland has received an award from TSAHC.
Norma Guerrero-Cowes with DHI Mortgage Company, Ltd. originated 26 loans in 2012 totaling over $3.8 million in mortgage loans. Ms. Guerrero-Cowes also won this award in 2010.
"We want to express our appreciation to all of the lenders who participate in our homebuyer programs," said David Long, President of the Texas State Affordable Housing Corporation. "Lenders play an essential role in helping TSAHC assist these families who are ready to realize their dream of homeownership."
TSAHC would also like to acknowledge the top mortgage companies who participated in TSAHC's homebuyer programs in 2012.
Cornerstone Mortgage Company: $47,680,782 in mortgage loans originated
DHI Mortgage Company, Ltd.: $19,099,122 in mortgage loans originated
NTFN, Inc. dba Premier Nationwide Lending: $16,643,328 in mortgage loans originated
Complete information on TSAHC's homebuyer programs can be found by visiting www.tsahc.org.
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, please visit www.tsahc.org.
Contact: Janie Taylor (512) 477.3563
SOURCE Texas State Affordable Housing Corporation