JustChoice Lending Closes First Project Reinvest Loan

Johanna Hall-Rappolee has lived in apartments her entire life. Growing up she wanted to own a home so she could fit in with her friends and escape the treatment and stigma associated with living in lower-income apartments. As a single mother, Johanna’s dream of homeownership has only grown stronger out of a desire to give […]

By |July 6th, 2017|appalachia, Fahe, Housing, Loans|Comments Off on JustChoice Lending Closes First Project Reinvest Loan

Fahe Closes 1,000th 502 Direct Loan During Homeownership Month

June is National Homeownership Month and Fahe is celebrating in style because we have closed our ONE THOUSANDTH USDA 502 Direct Loan!  That’s 1,000 rural families that have received a home with a mortgage they can afford.

Our partnership with USDA is a beautiful example of a public/private partnership that really works. By coupling a great […]

By |June 26th, 2017|Fahe, Housing, Loans, USDA 502 Program Loan|Comments Off on Fahe Closes 1,000th 502 Direct Loan During Homeownership Month

Energy Efficient Home Owners Less Likely to Default

A study released by University of North Carolina at Chapel Hill Center for Community Capital College of Arts & Sciences and the Institute for Market Transformation (IMT) shows that the risk of mortgage default is one-third lower for energy-efficient, Energy Star-rated homes.  This is great news for Fahe and its Members because this information reinforces […]

By |March 28th, 2013|Loans|Comments Off on Energy Efficient Home Owners Less Likely to Default

Interview With Brad Finn of Fahe’s Loan Servicing Dept.

Loan Servicing

Fahe’s Loan Servicing Department is dedicated to providing high quality service to the homeowners and families we serve.  We are responsible lenders who care about the long-term success of our homeowners.  That commitment is apparent by our consistent low delinquency rates (currently 2.32%) that stay well below the industry average.  What’s special about that […]

By |March 13th, 2013|Loans|Comments Off on Interview With Brad Finn of Fahe’s Loan Servicing Dept.

FAHE Packages Its 100th USDA 502 Program Loan

Speaking to Heather Powell, one can tell she is a woman who is certain of what she wants. A disabled mother of three daughters, she found herself wanting more than just renting a house in rural Somerset, KY. The location was nice, the backyard was large, but she found herself paying more and more for […]

By |May 14th, 2012|Loans, USDA 502 Program Loan|Comments Off on FAHE Packages Its 100th USDA 502 Program Loan