Homeownership Interest Rate for December 9, 2016:
4% (APR: 4.48%)

Header Menu

December 6, 2016
The West Virginia Housing Development Fund is proud to announce a new video designed to help our partners across the lending and banking...
October 6, 2016
          Standard & Poor’s Rating Service has once again affirmed West Virginia Housing...
August 25, 2016
  To assist those affected by flooding in towns and communities across our state, the West Virginia Housing Development Fund...
August 10, 2016
Borrowers can pay mortgage, check balance from smart phone or tablet    Now there’s an easy, secure way to access your...
June 28, 2016
Our thoughts are with everyone affected by the recent flooding and high water. This has been a challenging time.   We would...
June 23, 2016
CHARLESTON – The West Virginia Housing Development Fund is excited to announce a new initiative that will help our state’s low-income...
May 18, 2016
    We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2015 Annual Report. This is an...
March 22, 2016
Program vital for West Virginia   CHARLESTON – The West Virginia Housing Development Fund is taking time in 2016 to celebrate 30...
December 17, 2015
Changes are coming!   At the West Virginia Housing Development Fund, we do all we can to make certain our customers come first....
November 4, 2015
Shamblin works with state chapter and local affiliate   Patti Shamblin, the Director of Loan Origination for the West Virginia...

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.