Homeownership Interest Rate for November 19, 2017:
4.00% (APR: 4.480%)

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August 16, 2017
The West Virginia Housing Development Fund is proud to announce the promotion of two long-time employees.   Crystal Toney will be...
August 9, 2017
CROSS LANES – As of Monday, there is one less blighted, dangerous building in Kanawha County.   It took about 20 minutes for a large...
June 1, 2017
Most know the West Virginia Housing Development Fund through our home-buying programs. One in 10 West Virginia homebuyers have entrusted us...
April 25, 2017
The West Virginia Housing Development Fund’s Board of Directors has approved a loan to the Kanawha County Commission to help take down...
April 18, 2017
  Erica L. Boggess has been named Executive Director of the West Virginia Housing Development Fund.     Boggess, who has...
March 30, 2017
A message to our customers:   Here at the Fund, we are proud of what we do. We are honored by the fact that so many West Virginians...
February 14, 2017
We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2016 Annual Report. This is an important record of...
January 26, 2017
  The West Virginia Housing Development Fund is excited to welcome Governor Jim Justice and Agriculture Commissioner Kent Leonhardt...
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...

Fund Hosts Training for Lending Partners

Attendees from across the state participate.

 

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.