BEDFORD, N.H. – February 28, 2011 – (RealEstateRama) — New Hampshire Housing Finance Authority recently named its “Top 10” participating lenders for 2010. Together, these lenders closed 81% of the loans extended to low- and moderate-income first-time home buyers through the agency’s Single Family Mortgage Program.
The Single Family Mortgage Program provides affordable mortgage financing with low, fixed interest rates, low down payment requirements, and cash assistance grants. To qualify for the program, borrowers must meet certain income limits and purchase price limits.
“The lenders we’ve named have gone above and beyond to help more than 527 first-time buyers safely realize their dreams of home ownership,” said Liz Lamoureux, managing director of Home Ownership at New Hampshire Housing. “The Authority appreciates their hard work and is pleased to continue working with these lenders to serve buyers striving to purchase their first homes.”
Top 10 Lenders (in order by number of loans closed):
1) Residential Mortgage Services, Inc.
2) Merrimack Mortgage Company, Inc.
3) Wells Fargo Home Mortgage
4) NE Moves Mortgage Corp.
5) Regency Mortgage Corp.
6) Bank of America, N.A.
7) Connecticut River Bank
8) RBS Citizens Bank, N.A.
9) Schaefer Mortgage
10) Mortgage Network, Inc.
For more information about the Singly Family Mortgage Program and how to apply, contact New Hampshire Housing’s Home Ownership Division at 1-800-649-0470.
New Hampshire Housing Finance Authority is a self-supporting, public benefit corporation that operates a number of programs designed to assist low- and moderate-income persons with obtaining housing. Since its inception, New Hampshire Housing has helped more than 38,000 families purchase their own homes and has been instrumental in financing the creation of more than 14,000 multi-family housing units. More information about its programs can be found on the agency’s website at www.nhhfa.org .
Contact:
Jane Law
Phone: (603) 310-9255
