AmeriFirst Home Mortgage
has announced a partnership with the Ohio Housing Finance Agency (OHFA)
. The partnership enables OHFA to introduce a new loan product to its customers: The standard 203(k) renovation loan which helps homebuyers and homeowners renovate fixer-uppers into their dream homes. Under the agreement, AmeriFirst will be the master servicer of all 203(k) renovation loans originated by Ohio lenders who work with OHFA. As one of the top ten 203(k) lenders in the nation, AmeriFirst was selected by OHFA because of its expertise in originating and servicing renovation loans.
“We are excited to invest in the long term economic prosperity of the Ohio region through this new partnership with OHFA,” said Dave Gahm, AmeriFirst Home Mortgage Co-Founder and Chief Executive Officer. “New and existing homeowners who invest in and improve their properties are also helping to revitalize and stabilize their neighborhoods. This renovation loan product is a means to help homeowners build sustainable communities, one house at a time.”
AmeriFirst is in the process of training lenders to originate 203(k) loans to make them available to residents in their Ohio communities.
OHFA partners with lenders, credit unions and mortgage companies across the state to offer loans to qualified buyers and has helped thousands of low-and moderate-income Ohioans purchase homes.