THDA Single Family Update
Rhonda Ronnow,
Director of Loan Operations
HHF-DPA Loan Applications Hit 1000
On August 15th, THDA received the 1000th loan application for the HHF-DPA program, which offers $15,000 in assistance to borrowers in designated zip codes. In anticipation, a prize was offered to the submitting loan officer and processor via the Great Choice TN facebook group.
Congratulations to
Tammy Barr and
Neva Huddleston of
Supreme Lending for submitting that 1000th loan application and winning the THDA coaster set. THDA Loan Operations staff celebrated with an Ice Cream party and enjoyed the day building amazing sundaes!
If you are not a part of our Facebook group created for lending and real estate professionals, please join us today! It's a great place to ask a question, share a topic, and get the inside scoop on all things Great Choice. Look up "
Great Choice TN" on Facebook or
click here.
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- Nontraditional credit files are eligible for THDA financing. Since the borrower does not have a credit score, they will need to provide 3 alternative credit tradelines. The debt ratio is reduced to 36% as well as the borrower must have liquid assets in the bank in amount of 2 months PITIA plus any funds needed to close.
- Want to know if a specific address is in a targeted county, a designated HHF-DPA zip code, or a targeted census tract? Use the interactive map on the website! Color coding makes it easy to see eligible areas. Use the zoom feature to get more details. Enter a specific address in the search bar. To find the map, go to the Lenders and Servicers page and scroll to the bottom for the link. Go directly to the map by clicking here.
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Who is Making a Difference?
Jayna Johnson
Homebuyer Education Manager
ATTENTION LENDERS AND REALTORS
:
Do you work with a fabulous educator to meet your clients' needs
for Homebuyer Education?
Every year at the Governor's Housing Conference, THDA recognizes the outstanding achievements of our partners by presenting the Tennessee's Best Awards.
Your help is needed to recognize a deserving housing education provider for the
Vicki George Award of Excellence. Please take a moment to MAKE A DIFFERENCE in the life of an outstanding Homebuyer Education Provider for the way they make a difference in the lives of THDA borrowers every day!
We've made it super easy for you -- just 2 steps:
1. Click
here and complete the short nomination form. Save the document
on your computer.
Please submit soon, the deadline is August 30th.
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REALTOR ZONE
Debbie Reeves
Real Estate Industry Advisor
__________________________________
"Great Choice Mortgage Programs" - Course #7571
4 Hour CE Class for Realtors
Instructor: Debbie Reeves
Register Through Area REALTOR® Association
Sept. 1, 2017 Memphis Area Assn. of REALTORS® 9AM - 1PM Memphis
Oct. 11, 2017 River Counties Assn. of REALTORS® 9AM - 1PM Cleveland
Oct. 17, 2017 Sumner Assn. of REALTORS® 9AM - 1PM Hendersonville
Oct. 19, 2017 Middle TN Assn. of REALTORS® 9AM - 1PM Manchester
Oct. 27, 2017 Clarksville Assn. of REALTORS® 12AM - 4PM Clarksville
Dec. 4, 2017 Greater Nashville REALTORS® 12PM - 4PM Nashville
Other REALTOR CE Education Venues, but not THDA CE Class
:
Sept. 13-16, 2017 TAR Annual Convention Memphis/Peabody
Sept. 28, 2017 GNR Convention Nashville/Music City Ctr.
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Counselor's Corner
Josh McKinney
HUD Housing Education Counseling Coordinator
In case you haven't melted yet, summer is here and it is HOT. Many of us escape to locales where we can cool our temperatures and our workload as a result, and the temptation to pack up everything run away as fast as possible can be strong. However, it's worth it to stop for just a moment and think about what you can do to make sure a crook doesn't use your home as a destination vacation while you're gone.
Here are some helpful home tips for when you head out of town:
- Ask a trusted neighbor to watch your home. Hopefully you've struck up a friendship with your neighbors; apart from being, well, the neighborly thing to do, there are many benefits to such a relationship.
- See if you can get the Post Office to hold your mail. The easiest way to do this is to go to holdmail.usps.com/holdmail. An overflowing mailbox is a huge signpost that your house ripe for the burgling.
- Here's the big one: the criminals we tangle with today are tech savvy. While on your fabulous vacation, we know that it is incredibly tempting to use your picture-taking Google-machine to post on Instaface, Twitbook, and Grammer (did I get those right?) that you are living it up on the beach for the next two weeks. However, this is exactly what the bad guys are looking for. Regardless of your privacy settings, it's impossible to secure all of your posts on social media for only the audiences you intend. It's best to resist the urge and dump all those photos and stories online once you get back. While we're at it, be careful with all of your social media posts; don't put anything out there that lets people know you are vulnerable in any way.
Home burglaries and vandalism are never your fault. Just make sure you aren't making it any easier! Following these tips will go a long way to keeping the crooks in the dark as to your vacation plans. Have a great summer!
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THDA ORIGINATING AGENT RANKINGS
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| STATEWIDE
Monthly OA Rankings - July 31, 2017
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|
Rank
|
Lender
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# of Loans
|
Volume
|
|
1
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MORTGAGE INVESTORS GROUP, INC
|
50
|
$ 5,044,506
|
|
2
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PEOPLES HOME EQUITY |
20
|
$ 2,721,271
|
|
3
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FIRST COMMUNITY MORTGAGE
|
17
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$ 2,836,259
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4
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EVERETT FINANCIAL INC
|
14
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$ 1,427,123
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5
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CALIBER HOME LOANS |
12
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$ 1,756,665
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6
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COMMUNITY MORTGAGE CO.
|
12
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$ 1,147,983
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|
7
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PINNACLE BANK |
11
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$ 1,621,174
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|
8
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MOVEMENT MORTGAGE |
7
|
$ 1,057,269
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|
9
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NEW PENN FINANCIAL
|
7
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$ 992,993
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|
10
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CMG MORTGAGE INC.
|
6
|
$ 923,705
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Our total application production for July is $37,571,452.
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| STATEWIDE
Year-to-Date OA Rankings through July 31, 2017
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|
Rank
|
Lender
|
# of Loans
|
Volume
|
|
1
|
MORTGAGE INVESTORS GROUP
|
372
|
$39,677,042
|
|
2
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PEOPLE'S HOME EQUITY
|
128
|
$16,707,159
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|
3
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FIRST COMMUNITY MORTGAGE
|
112
|
$17,023,953
|
|
4
|
COMMUNITY MORTGAGE |
70
|
$ 7,429,563
|
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5
|
EVERETT FINANCIAL INC |
66
|
$ 7,993,451
|
|
6
|
CALIBER HOME LOANS |
53
|
$ 7,458,379
|
|
7
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PINNACLE BANK
|
53
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$ 7,226,355
|
|
8
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FIRSTBANK |
48
|
$ 6,923,384
|
|
9
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SWBC MORTGAGE CORP
|
46
|
$ 7,206,916
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|
10
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CMG MORTGAGE INC |
46
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$ 6,973,496
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Our total application production through July is $239,226,703.
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| EAST TN REGION
OA Rankings through July 31, 2017
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|
Rank
|
Lender
|
# of Loans
|
Volume
|
|
1
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MORTGAGE INVESTORS GROUP
|
300
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$30,875,654
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2
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PEOPLES HOME EQUITY
|
63
|
$ 6,606,181
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3
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FIRST CITIZENS NATIONAL
|
26
|
$ 2,619,602
|
|
4
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MOVEMENT MORTGAGE
|
23
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$ 2,511,583
|
|
5
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PLATINUM FINANCIAL FUNDING |
22
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$ 2,576,084
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| MIDDLE TN REGION
OA Rankings through July 31, 2017
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|
Rank
|
Lender
|
# of Loans
|
Volume
|
|
1
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FIRST COMMUNITY MORTGAGE
|
83
|
$14,117,990
|
|
2
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PEOPLE'S HOME EQUITY
|
64
|
$10,006,717
|
|
3
|
SWBC MORTGAGE |
46
|
$ 7,206,916
|
|
4
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CMG MORTGAGE
|
41
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$ 6,410,014
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5
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FIRSTBANK
|
36
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$ 5,662,565
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| WEST TN REGION
OA Rankings through July 31, 2017
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|
Bank
|
Lender
|
# of Loans
|
Volume
|
|
1
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COMMUNITY MORTGAGE
|
67
|
$7,062,787
|
|
2
|
MORTGAGE INVESTORS GROUP |
40
|
$4,201,099
|
|
3
|
EVERETT FINANCIAL
|
35
|
$3,269,765
|
|
4
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PINNACLE BANK
|
26
|
$3,130,766
|
|
5
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SIMMONS FIRST NATIONAL BANK |
24
|
$2,038,955
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21 Perfect Loan Submissions
Connie Brewington, Platinum Financial
20 Perfect Loan Submissions
Frederica Maxwell, People's Home Equity
18 Perfect Loan Submissions
Taylor Gobble , First Citizens National Bank
13 Perfect Loan Submissions
Derek Ryder, Pinnacle Bank
7 Perfect Loan Submissions
Shelley Allen, Bank of Cleveland
Judy Shearin, Mortgage Investors Group
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THDA Top Loan Originators*
34 Closed Loans: Tammy Barr, Everett Financial
32 Closed Loans: Marissa French, People's Home Equity
26 Closed Loans: Carey Ann Cry,
CMG Mortgage Inc.
24 Closed Loans: Kim Swann, Mortgage Investors Group
19 Closed Loans: Brandy Deloach, First Community
Stacy Flynn
, Mortgage Investors Group
17 Closed Loans: Debbie Windisch, Mortgage Investors Group
*
Previous month totals were in error and did not include HHF-DPA totals.
THDA Top Selling Agents
7 Closed Loans : Grace Edrington, Amanda Cotton
6 Closed Loans : Joey Conner, Bernie Gallerani, Sarah Richards
5 Closed Loans: Allene Shannon, Michael Lewis, Jessica Lutz
4 Closed Loans: Page Turner, Derek Trainer, Crissy Sumner, Michael Swift,
Sei-Ondra Williams, Steve Gilbert, Adrian Wannamaker,
Anneke Wilkey, Josh Hisaw, Denise Marsh, Robert Garcia,
Ana Trujillo, Ryan Whiteside, Janessa Anderson
THDA Top Listing Agents
8 Closed Loans: Grace Edrington, Chuck Payne, Jodie Parrish
7 Closed Loans: John Donlon
6 Closed Loans: Kenton Young, Sarah Richards
5 Closed Loans: Lynn Harrison, Todd Haltom, Jim Tate, Jon Putt
THDA Top Builders
34 Closed Loans:
Ole South Properties
16 Closed Loans:
Ryan Homes
8 Closed Loans:
Clayton Homes, LGI Homes
Results for
Star Rewards and
Top Honors are based on accuracy of data
submitted,
for loans closed 10/1/16 to 07/31/17.
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If you have any questions or need additional information, please contact us
by email below or call the Single Family help desk at 615-815-2100.
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