Huntington Bank Receives Ohio Housing Finance Agency’s Most Valuable Player Award
The Ohio Housing Finance Agency (OHFA) named Huntington Bank its most valuable player in recognition of the bank’s significant increase in lending within the program from 2013 to 2014 fiscal year, OHFA recently announced. Huntington closed $12.1 million in loans with OHFA for low- to moderate-income families. This represents a five-fold increase in production, making the dream of homeownership a reality for many families.
Additionally, Huntington was awarded OHFA’s grand slam award for closing the most Grants for Grads loans, which equated to $4.1 million – more than any other participating lender in the 2013 to 2014 fiscal year.
“Huntington understands our mission to help low- to moderate-income Ohioans purchase homes. We appreciate their partnership to provide opportunities through financing quality and affordable housing,” said Douglas Garver, OHFA Executive Director. “Their efforts to build specialized teams to facilitate this program is impressive. It is a clear indication of their commitment to the communities they serve.”
“We’re very proud to receive these awards,” said Jay Plum who heads Huntington’s home lending unit. “They represent our commitment to helping families achieve their dream of homeownership. Working with the Ohio Housing Finance Agency is just one of the ways we help low- to moderate-income families purchase a home. Across our footprint, we look for opportunities to make housing available and affordable for all.”
Huntington has been working with OHFA for a number of years, and in 2013 the bank kicked off a pilot to train and certify Huntington colleagues in the program. With the training in place, OHFA loan production has increased seven fold. Huntington now has 75 OHFA trained and certified loan officers, six OHFA certified processors, three certified underwriters and three certified closers. Additionally, Marcy Ash, Huntington functional coordinator, has become certified as a continued education (CE) instructor through the Ohio Division of Real Estate and is actively providing realtors with CE credit and informational training sessions on OHFA programs.
Consumers who are interested in learning more about how Huntington might help them with OHFA programs can contact our Mortgage Direct team at (800) 562-6871, or come by one of our branch and ask to speak with a mortgage loan officer.
Since its creation, OHFA has made affordable mortgage loans to more than 145,000 Ohioans and facilitated the creation of more than 100,000 affordable rental housing units.
Huntington Bancshares Incorporated is a $64 billion asset regional bank holding company headquartered in Columbus, Ohio. The Huntington National Bank, founded in 1866, and its affiliates provide full-service commercial, small business, and consumer banking services; mortgage banking services; treasury management and foreign exchange services; equipment leasing; wealth and investment management services; trust services; brokerage services; customized insurance brokerage and service programs; and other financial products and services. The principal markets for these services are Huntington’s six-state retail banking franchise: Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky. The primary distribution channels include a banking network of more than 700 traditional branches and convenience branches located in grocery stores and retirement centers, and through an array of alternative distribution channels including internet and mobile banking, telephone banking, and more than 1,400 ATMs. Through automotive dealership relationships within its six-state retail banking franchise area and selected other Midwest and New England states, Huntington also provides commercial banking services to the automotive dealers and retail automobile financing for dealer customers.
The Huntington National Bank is an Equal Housing Lender and Member FDIC. The logo mark and Huntington(R) are federally registered service marks of Huntington Bancshares Incorporated.
About the Ohio Housing Finance Agency
OHFA is a self-supporting quasi-public agency governed by an eleven-member board. The Agency uses federal and state resources to provide housing opportunities for families and individuals through programs designed to develop, preserve and sustain affordable housing throughout the state of Ohio. OHFA is also the administrator of the state’s foreclosure prevention program, Save the Dream Ohio.
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