Windows to Home Ownership
May 2015
Windows to Home Ownership 502 Deaderick Street Third Floor Nashville, TN 37243
Phone: 615-815-2180 Fax: 615-564-2700 Toll-Free 1-800-228-8432
SINGLE FAMILY HELP LINE 615-815-2100
Stay connected to THDA!
CONNECTING with you Katie Moore Community Outreach Liaison-East Tennessee
In our continued mission to support and serve our lending partners, the CONNECT Team recently embarked on a Training the Trainer course to become certified to teach our continuing education class to REALTORS. Debbie Reeves, our Director, currently teaches the class and this training will enable us to teach it more often and to be available more frequently when not just REALTORS need training opportunities. We hope you already know we offer training opportunities when you need them, via monthly webinars and through office visits. You may have noticed in these monthly articles that CONNECT does a lot more than meeting with REALTORS and lenders. We spend a good portion of our time with media, elected officials, nonprofits and generally making ourselves available to communities. Right now, for instance, we’re in search of good homeowner stories since this is Homeownership Month! If you have a THDA bor r ower willing to shar e (and br ag on you!) please email [email protected]. So if CONNECT does all of that, where is the time to do one-on-one and staff trainings for lenders? Well I’m glad you asked! Last month you were introduced to our NEW Customer Account Managers (CAM). Our CONNECT Team is thrilled to have the additional support this team offers. You will continue to see us around, visiting with you and CONNECTING (get it?) you with THDA staff relationships as you have need. Both the CONNECT and the CAM teams will be working hard to provide excellent customer service to our THDA lending partners. If we can assist you in any way, please contact any of us individually or me at [email protected].
THDA Celebrates at Nashville Ball Game Thanks to all who came out to celebrate at the new Nashville Sounds ball park!
Windows to Home Ownership Page 2
Monthly OA Rankings—May 31, 2015 Rank
Lender
# of Loans
Volume
1
MORTGAGE INVESTORS GROUP, INC
64
$ 6,667,444
2
FIRST COMMUNITY MORTGAGE
16
$ 1,961,951
3
PEOPLE’S HOME EQUITY
15
$ 2,017,863
4
FIRSTBANK
13
$ 1,677,447
5
SWBC MORTGAGE
10
$ 1,505,653
6
MOVEMENT MORTGAGE
10
$ 1,157,119
7
F & M BANK
9
$ 1,216,462
8
AMERICAN MORTGAGE SERVICE CO.
8
$
967,199
9
HIGHLANDS RESENDENTIAL MORTGAGE
7
$
907,142
10
COMMUNITY MORTGAGE
7
$
700,014
Our total application production for May was $34,071,427.
Year-to-Date OA Rankings through May 31, 2015 Rank
Lender
# of Loans
Volume
1
MORTGAGE INVESTORS GROUP, INC
190
$20,428,475
2
PEOPLE’S HOME EQUITY
70
$ 8,839,875
3
FIRST COMMUNITY MORTGAGE
49
$ 6,325,088
4
MOVEMENT MORTGAGE
33
$ 4,056,910
5
FIRSTBANK
32
$ 4,126,732
6
SWBC MORTGAGE
29
$ 3,957,963
7
F & M BANK
27
$ 3,653,206
8
MAGNA BANK
24
$ 2,449,264
9
PINNACLE NATIONAL BANK
22
$ 3,036,756
10
COMMUNITY MORTGAGE
22
$ 2,379,245
Our year-to-date total application production as of May 31, 2015 was $116,550,277.
Windows to Home Ownership Page 3
UNDERWRITING: REMINDER: The minimum FICO score is now 640.
CLOSING: FHA loans are required to have a signed obligation letter. These obligation letters are sent along with the
THDA commitment. Please have your borrowers sign this obligation letter and return it with your closing package. The form provided by THDA with your commitment is the one that has to be used. Please ensure the THDA Rider is recorded with the 1st Mortgage Deed of Trust (not the 2nd the Mortgage) Section C3 of the 2nd Deed of Trust needs to reflect the amount of the 1st loan amount, not the 2nd Mortgage.
Welcome to HBEI Team Jayna Johnson Homebuyer Education Program Manager
Please join us in welcoming our newest Single Family staff member, Donna Neal. Donna joined our staff June 1st, as the Homebuyer Education Initiative Specialist. Prior to THDA, Donna was employed at Vanderbilt University Medical Center where she performed various job titles. She is new to the mortgage industry; however, her planning and organizational skills have already proven to be an asset to the Homebuyer Education team. Donna is active in her church, where she serves as the Director of Vacation Bible School. In her spare time, she enjoys hanging out with her husband of 25 years and their 2 sons. Donna is very excited for this new chapter of her life and we are thrilled to welcome her to THDA.
Lender Training Webinar-July CHANGE OF DATE for Training Webinar for July: First Tuesday in July, the 7th (instead of second Tuesday). Time will be the same, 10 a.m. until 12 p.m. Central. Register by emailing [email protected] with subject line: THDA Lender Webinar.
Windows to Home Ownership Page 4
Star Rewards Update 22 Perfect Loan Submissions
Frederica Maxwell, People’s Hom e Equity 19 Perfect Loan Submissions
Derek Ryder, M agna Bank 17 Perfect Loan Submissions
Candace Johnson, First Community 16 Perfect Loan Submissions
Joan Moore, Mortgage Investors Group Taylor Gobble, Southern Heritage Bank Leigh Anne Waldroop, M ortgage Investors
Top Honors Update THDA Top Loan Originators 13 Closed Loans: George Margrave, Mortgage Investors Group Chris White, Mortgage Investors Group Debbie Windisch, Mortgage Investors Group 11 Closed Loans: Kristin Abouelata, M ortgage Investors Group Juan Hansford, Platinum Financial Funding 10 Closed Loans: Craig Sanders, F & M Bank Chris Meagher, First Community Mortgage Nellie Howard, Mortgage Investors Group Michael Hampton, Peoples Hom e Equity Joe Womac, Southern Heritage Bank Greg Goodman, SWBC Mortgage THDA Top Selling Agents 5 Closed Loans: Tracey Bright 4 Closed Loans: Amy Kempt, Brenda Wilson Lowery, Jeramie Taber THDA Top Listing Agents 8 Closed Loans: Tony James 5 Closed Loans: Lynn Harrison, Steve Jones THDA Top Builders 27 Closed Loans: 3 Closed Loans:
Ole South Properties Regent Homes, Smithbilt Communities
Results for Star Rewards and Top Honors are based on accuracy of data submitted, for loans closed 10/1/14 to 5/31/15.
Windows to Home Ownership 502 Deaderick Street Third Floor Nashville, TN 37243
Phone: 615-815-2180 Fax: 615-564-2700 Toll-Free 1-800-228-8432
SINGLE FAMILY HELP LINE 615-815-2100
Stay connected to THDA!
CONNECTING with you Katie Moore Community Outreach Liaison-East Tennessee
In our continued mission to support and serve our lending partners, the CONNECT Team recently embarked on a Training the Trainer course to become certified to teach our continuing education class to REALTORS. Debbie Reeves, our Director, currently teaches the class and this training will enable us to teach it more often and to be available more frequently when not just REALTORS need training opportunities. We hope you already know we offer training opportunities when you need them, via monthly webinars and through office visits. You may have noticed in these monthly articles that CONNECT does a lot more than meeting with REALTORS and lenders. We spend a good portion of our time with media, elected officials, nonprofits and generally making ourselves available to communities. Right now, for instance, we’re in search of good homeowner stories since this is Homeownership Month! If you have a THDA bor r ower willing to shar e (and br ag on you!) please email [email protected]. So if CONNECT does all of that, where is the time to do one-on-one and staff trainings for lenders? Well I’m glad you asked! Last month you were introduced to our NEW Customer Account Managers (CAM). Our CONNECT Team is thrilled to have the additional support this team offers. You will continue to see us around, visiting with you and CONNECTING (get it?) you with THDA staff relationships as you have need. Both the CONNECT and the CAM teams will be working hard to provide excellent customer service to our THDA lending partners. If we can assist you in any way, please contact any of us individually or me at [email protected].
THDA Celebrates at Nashville Ball Game Thanks to all who came out to celebrate at the new Nashville Sounds ball park!
Windows to Home Ownership Page 2
Monthly OA Rankings—May 31, 2015 Rank
Lender
# of Loans
Volume
1
MORTGAGE INVESTORS GROUP, INC
64
$ 6,667,444
2
FIRST COMMUNITY MORTGAGE
16
$ 1,961,951
3
PEOPLE’S HOME EQUITY
15
$ 2,017,863
4
FIRSTBANK
13
$ 1,677,447
5
SWBC MORTGAGE
10
$ 1,505,653
6
MOVEMENT MORTGAGE
10
$ 1,157,119
7
F & M BANK
9
$ 1,216,462
8
AMERICAN MORTGAGE SERVICE CO.
8
$
967,199
9
HIGHLANDS RESENDENTIAL MORTGAGE
7
$
907,142
10
COMMUNITY MORTGAGE
7
$
700,014
Our total application production for May was $34,071,427.
Year-to-Date OA Rankings through May 31, 2015 Rank
Lender
# of Loans
Volume
1
MORTGAGE INVESTORS GROUP, INC
190
$20,428,475
2
PEOPLE’S HOME EQUITY
70
$ 8,839,875
3
FIRST COMMUNITY MORTGAGE
49
$ 6,325,088
4
MOVEMENT MORTGAGE
33
$ 4,056,910
5
FIRSTBANK
32
$ 4,126,732
6
SWBC MORTGAGE
29
$ 3,957,963
7
F & M BANK
27
$ 3,653,206
8
MAGNA BANK
24
$ 2,449,264
9
PINNACLE NATIONAL BANK
22
$ 3,036,756
10
COMMUNITY MORTGAGE
22
$ 2,379,245
Our year-to-date total application production as of May 31, 2015 was $116,550,277.
Windows to Home Ownership Page 3
UNDERWRITING: REMINDER: The minimum FICO score is now 640.
CLOSING: FHA loans are required to have a signed obligation letter. These obligation letters are sent along with the
THDA commitment. Please have your borrowers sign this obligation letter and return it with your closing package. The form provided by THDA with your commitment is the one that has to be used. Please ensure the THDA Rider is recorded with the 1st Mortgage Deed of Trust (not the 2nd the Mortgage) Section C3 of the 2nd Deed of Trust needs to reflect the amount of the 1st loan amount, not the 2nd Mortgage.
Welcome to HBEI Team Jayna Johnson Homebuyer Education Program Manager
Please join us in welcoming our newest Single Family staff member, Donna Neal. Donna joined our staff June 1st, as the Homebuyer Education Initiative Specialist. Prior to THDA, Donna was employed at Vanderbilt University Medical Center where she performed various job titles. She is new to the mortgage industry; however, her planning and organizational skills have already proven to be an asset to the Homebuyer Education team. Donna is active in her church, where she serves as the Director of Vacation Bible School. In her spare time, she enjoys hanging out with her husband of 25 years and their 2 sons. Donna is very excited for this new chapter of her life and we are thrilled to welcome her to THDA.
Lender Training Webinar-July CHANGE OF DATE for Training Webinar for July: First Tuesday in July, the 7th (instead of second Tuesday). Time will be the same, 10 a.m. until 12 p.m. Central. Register by emailing [email protected] with subject line: THDA Lender Webinar.
Windows to Home Ownership Page 4
Star Rewards Update 22 Perfect Loan Submissions
Frederica Maxwell, People’s Hom e Equity 19 Perfect Loan Submissions
Derek Ryder, M agna Bank 17 Perfect Loan Submissions
Candace Johnson, First Community 16 Perfect Loan Submissions
Joan Moore, Mortgage Investors Group Taylor Gobble, Southern Heritage Bank Leigh Anne Waldroop, M ortgage Investors
Top Honors Update THDA Top Loan Originators 13 Closed Loans: George Margrave, Mortgage Investors Group Chris White, Mortgage Investors Group Debbie Windisch, Mortgage Investors Group 11 Closed Loans: Kristin Abouelata, M ortgage Investors Group Juan Hansford, Platinum Financial Funding 10 Closed Loans: Craig Sanders, F & M Bank Chris Meagher, First Community Mortgage Nellie Howard, Mortgage Investors Group Michael Hampton, Peoples Hom e Equity Joe Womac, Southern Heritage Bank Greg Goodman, SWBC Mortgage THDA Top Selling Agents 5 Closed Loans: Tracey Bright 4 Closed Loans: Amy Kempt, Brenda Wilson Lowery, Jeramie Taber THDA Top Listing Agents 8 Closed Loans: Tony James 5 Closed Loans: Lynn Harrison, Steve Jones THDA Top Builders 27 Closed Loans: 3 Closed Loans:
Ole South Properties Regent Homes, Smithbilt Communities
Results for Star Rewards and Top Honors are based on accuracy of data submitted, for loans closed 10/1/14 to 5/31/15.
