Home Finance of America Closes 40,000th Mortgage

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Home Finance of America, a national leader in low rate home mortgage lending to qualified borrowers, celebrates the closing of their 40,000th loan.

Home Finance of America

Home Finance of America

It has been extremely rewarding to work for a company that has always kept the customer’s interest at the core of its business objectives.

Since 1993 Home Finance of America has helped thousands of American families each year secure a low rate mortgage on their home. In 2012 Home Finance of America proudly celebrated the closing of their 40,000th mortgage transaction, a tremendous achievement in a challenging mortgage industry that has seen many ups and downs over the past two decades. Home Finance of America is a national mortgage lender headquartered in Plymouth Meeting Pennsylvania with active licenses to originate home mortgages in 19 US states as of December, 31, 2012. Home Finance of America’s NMLS number is 1077.

Home Finance of America can attribute success in 2012 and 40,000 closings over two decades to a number of reasons. While a significant number of similar mortgage lenders were unable to survive the subprime lending crises of 2008 Home Finance of America astonishingly was virtually unscathed by the crises. Since its founding, the company and its principals have committed to responsible lending and conservative underwriting practices that not only insure financial stability and consistency for the organization but for the US housing market as a whole. In addition to steering clear of subprime lending in the mid 2000s, Home Finance of America historically, and to this day, only offers an array of mortgage products and programs that place borrowers in sustainable and financially beneficial scenarios over the life of their mortgage. Fran Kelly, Vice President says "The subprime market was lucrative for many mortgage companies who did not have the borrower’s best interest at heart. I’m proud to say that HFA never entered that arena and stayed true to its’ original mission which is to provide qualified borrowers with the lowest possible interest rate and best loan program to suit their needs.”

Returning customers are also a key contributing factor to Home Finance of America’s success over the past two decades. Home Finance of America was one of the first mortgage lenders to decide not to increase compensation to their loan officers by closing loans at higher rates and closing costs. This revolutionary compensation model motivates loan officers to keep their clients’ financial interest at heart. Home Finance of America proudly flaunts their 99% customer satisfaction rate based on surveys completed by their clients at settlement. Currently, Home Finance of America holds an A+ Rating with the Better Business Bureau as a result of an extraordinarily low complaint volume and fair and honest advertising and business practices.

Patrick Finley, Vice President who has been with the Home Finance of America for over 12 years says “It has been extremely rewarding to work for a company that has always kept the customer’s interest at the core of its business objectives. This fundamental value is one that I, my coworkers, and my staff have always taken great pride in.”

More information about Home Finance of America’s loan programs and interest rates can be found on the company’s website at https://www.hfamerica.com/todays-rates.asp.

About Home Finance of America:

Home Finance of America is a direct mortgage lender locks low rates for borrowers at the time of the application. Home Finance of America currently holds an A+ rating with the Better Business Bureau.

Home Finance of America is headquartered in Plymouth Meeting, PA. The company has specialized in originating low rate residential loans to qualified borrowers since 1993. They are a national leader in online mortgage lending.

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Fran Kelly
Home Finance of America
1(800)358-5626 102
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