Homeownership Interest Rate for April 18, 2014: 4.50% (APR: 5.343%)

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April 18, 2014
The West Virginia Housing Development Fund has been recognized for assisting homeowners and helping to create a cleaner environment....
April 10, 2014
A Message for Current Customers:   The West Virginia Housing Development Fund is excited to announce a new line up of interactive...
March 12, 2014
A message from Erica Boggess, the West Virginia Housing Development Fund's Acting Executive Director:     We are proud to...
February 28, 2014
Building full of charm and character   After fire destroyed their home, Albert Priddy and his sister Charlotte Thomas were in the...
January 31, 2014
Both bring wealth of experience to new roles   The West Virginia Housing Development Fund is excited to announce the promotions of...
January 17, 2014
Founders Landing redeveloped with help from Fund program   HUNTINGTON – Kellie Weidenhammer hurt her back at work a few years ago...
November 21, 2013
A message from Erica Boggess, the Fund's Acting Executive Director:   The Fund is extremely pleased to announce that Bob Cary will...
November 19, 2013
Two-story residence one of a number of new homes in the area   GRAFTON –  The West Virginia Housing Development Fund is excited...
November 13, 2013
Complex named in honor of late Wayne County Commissioner     WAYNE – Ground was broken recently on a new senior housing...
October 29, 2013
Did you know that you can view your loan account information on our website?   You can also pay your loan payment on our website at...

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Fund Hosts Training for Lending Partners

Attendees from across the state participate.

For More Information, contact Patti Shamblin at (304) 391 8729

Mortgage lenders from banking and lending institutions across West Virginia recently attended a new lender training session hosted by the West Virginia Housing Development Fund. The focus of the training was to familiarize attendees with the Fund’s single-family lending programs and how those programs can help their client purchase a home.

Those in attendance were taken on a step-by-step journey through the Fund’s lending process. Topics included underwriting, requirements for the Mortgage Revenue Bond Program (MRB) and Secondary Market Program, how we distinguish targeted and non-targeted counties and house price and income limits.

Erica Boggess, the Fund’s Acting Executive Director, stated that these types of events give the organization a fantastic chance to work with some of our most important and valued partners.

“The lending community is a vital part of the Fund and we welcome the opportunity to help them better understand our programs and how they can use what we offer to assist their clients,” Boggess said. “Forming lasting and sustained partnerships with the lending community helps us to further our mission – helping West Virginians purchase a safe, affordable home.”

Patti Shamblin, the Fund’s Loan Origination Manager, stated that the training session gives our lending partners a better grasp on our underwriting procedures and lending guidelines.

“These session are valuable to everyone involved because it gives us a chance to take our lenders through a detailed and comprehensive review of our programs and it gives the Fund a chance to get the kind of feedback we need to enhance what we do and get qualifying families into the home of their dreams,” Shamblin said.

The session was held at the Fund’s office in Charleston. Employees from the following lending agencies attended:

Lender training

(Lending partners and Fund staff attended a recent training session at the Fund's office in 
 Charleston)

The West Virginia Housing Development Fund is the state's affordable mortgage finance agency.

The WVHDF was established to develop and improve the state's housing opportunities for residents.