Kilbourn home

JustChoice Lending is for All Families in Appalachia

Fahe’s vision for Appalachia is that everyone – no matter background or income level – should experience financial stability. That’s why our mortgage division, JustChoice Lending (JCL), offers products for anyone.  While Fahe and our Membership Network provide opportunities for thousands of low-income families, they are not the only people whom we serve.  Bob and… Read More>

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… Read More>

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… Read More>

A Quick Comparison of FHA and Conventional Loans

In the past we have discussed USDA 502 Direct loans on this blog and how this product is a great option for rural families with lower incomes.  However, our commitment to creating prosperous neighborhoods and successful homeowners in Appalachia extends to families of all income levels.  Two types of loans that higher earning households often… Read More>

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… Read More>

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… Read More>

Heather Powell and Family

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… Read More>