Top 1% Loan Originators in the Country for 2017 – Mortgage Executive Magazine

2017 was a big year for First Home Mortgage Corporation.  The Mortgage Executive Magazine compiled a list of The Nations Top 1% of Mortgage Originators.  Included in this comprehensive list is 37 of First Home’s very own Loan Originators.

WOW!

To be eligible for such an achievement, each Loan Originator was required to produce a minimum of $30 million in 2017.  These leading mortgage professionals continually dedicated their time and energy and worked extremely hard to make sure their clients received the utmost service throughout the 2017 year.

A BIG CONGRATULATIONS goes to:

Darran Anthony, Marc Aymard, Anne Borghesani, Neil Bourdelaise, Heather Devoto, Derek Evans, Michael Farrell, Karen Dulmage, Carolyn Flitcroft, Jeffrey Halbert, Alex Jaffe, Ann Kavadas-Flaherty, Tammi Lewis, Robert O’Connell, Peter O’Donnell, Michael Nadeau, Tony Olmert, James Moran, Ayaz Rahemanji, Ryan Paquin, Gary Pierpont, Bill Payne, Todd Pede, Timothy Reinhart, Evelyn Perez, Jeffrey Richards, Darren Rickwood, John Savastano, Salvatore Savastano, Bruce Rosenberger, Jake Ryon, Michael Taylor, Gabe Tuvek, Kari Story, Scott Story, David Strassner and David Toaff.

 

Congratulations top Loan Originators of First Home Mortgage Corporation!

Raquel Borras- Contributing to the Increase of Homeownership for Hispanics

 Raquel Borras recently joined the First Home Mortgage team with one main focus in mind- providing for the Hispanic community.  Being of Hispanic decent, she feels it is her obligation to help increase home purchases within the Hispanic population and help more Hispanic people build their career in the mortgage industry.  She firmly believes this community just wants to be treated with both understanding and respect; that they want to feel like they have the same opportunity as anyone else to buy a home.  Even if they are unable due to cash, credit issues, etc.,  Hispanic residents want someone to educate them on the home buying process so that they, too, can own their dream home.

For many years, the Hispanic community was targeted in a negative way.  Raquel wants to demolish that stigma and restore their faith.  According to the 2016 National Association of Hispanic Real Estate Professionals (NAHREP), Hispanics will account for 52% of new homeowners, with nearly six-in-ten categorized as Millennials or younger.  As a whole, hispanics are more youthful than any other U.S. demographic. Hispanics are projected to represent nearly 60% of homeownership gains in the next 15 years.  They have achieved a net gain of 1,103,000 homeowners, going from 6,198,000 in 2010 to 7,301,000 in 2016.   The number of total Hispanic households grew by 330,000 in 2016 which accounts for 38% of total U.S. household formation growth making them no longer a minority group.

Raquel lives by the golden rule: to always be kind.  In everything she does, she does it with honesty and integrity.  This is why she will make such a great asset to the First Home team.  Not only will she help increase homeownership in the Hispanic community, but she will help bring more diversity to the First Home Mortgage workplace.

For more information on the Hispanic community or to say, “welcome to the team!” see below:

Raquel Borras VP of Business Development- Emerging Markets
rborras@firsthome.com
NMLS ID: 1415097
O (703) 443 1150 ext. 3433
C (703) 434 0727
1602 Village Market Blvd. Suite 330, Leesburg, VA 20175

First Home Mortgage Corporation is back at it again!

The Scotsman Guide has released its 5th annual Top Mortgage Lenders of 2016.  First Home Mortgage has been ranked 43rd in Top Overall Volume and 25th in Top Retail Volume in the nation.

Scotsman Guide, the leading resource for Mortgage Originators, will release their list of the country’s Top Mortgage Lending Companies in their June 2017 residential edition.

To be eligible for such an achievement, First Home Mortgage needed to have the top loan volume from mortgages on one- to four-unit residential properties within the United States.  First Home has exceeded these qualifications to be one of the top-producing, best Lenders of the country.

Congratulations First Home Mortgage Corporation and its phenomenal employees who made this achievement happen!

 

Update: Scotsman Guide officially released their online rankings.  To see all of the rankings and results, click here!

The Scotsman Guide Top Originators of 2016

The Scotsman Guide is one of the leading resources for Mortgage Originators.  Every year for the past eight years, the Scotsman Guide calculates the highest producing Loan Originators for each calendar year.  To be included in the Scotsman Guide Top Originators of 2016, Loan Originators must have had at least $40 Million in loan volume or 100 closed home loans.

According to Rania Efthemes, Editor in Chief of the Scotsman Guide Media, the top 500 Originators ranked on the 2016 Top Dollar Volume list closed 169,983 loans at a total volume of $59.8 Billion.  That is approximately $9 Billion more than 2015, and over 20,000 more loans that had closed. Amazing!

With this in mind, I am proud to announce that First Home Mortgage Corporation’s Alex Jaffe and Ryan Paquin were among the 500 Loan Originators named for Top Dollar Volume of 2016.  This is quite an achievement in this ever-changing industry.  Congratulations Alex and Ryan!

In addition, James Moran was listed as one of the top 25 Loan Originators in USDA volume (niche category).  Niches are rankings of Originators based on dollar volumes of loans financed by the Federal Housing Administration (FHA), the U.S. Department of Veteran Affairs (VA), and the U.S. Department of Agriculture (USDA).  These top 25 Loan Originators of the 2016 USDA volume list closed a  total of $219.5 Million in mortgages.  Congratulations James!

Way to go Loan Originators of First Home Mortgage Corporation.  Let’s continue to dominate and have a phenomenal 2017!

For the entire list of the Scotsman Guide Top Originators of 2016, click here.

Mortgage Executive Magazine- Top Originators from First Home Mortgage Corporation

A BIG CONGRATULATIONS goes to First Home Mortgage Corporation’s top-producing Loan Officers of 2016.  These 50 individuals are among the top 1% Mortgage Originators of America, according to Mortgage Executive Magazine.  To qualify for this achievement, each Loan Officer was required to produce a minimum of $30 Million in 2016.  First Home Mortgage Corporation is proud to announce that 49% of the First Home Mortgage sales team were named among these top 1% Mortgage Originators.   FHMC was named 7th out of 123 companies that were surveyed as having the highest number of top 1% Loan Originators.

These remarkable, hard-working Loan Officers are:

Alexander Jaffe, Ryan Paquin, Scott Story, Marc Aymard, Peter O’Donnell, Heather Devoto, Michael Farrell, Darran Anthony, Derek Evans, Kari Story, James Moran, Gabe Tuvek, Bruce Rosenberger, Anne Borghesani, Carolyn Flitcroft, Tony Olmert, Neil Bourdelaise, Karen Dulmage, Todd Pede, Michael Nadeau, Salvatore Savastano, Ayaz, Rahemanji, Christopher Jordan, Gary Pierpont, David Toaff, David Strassner, Paul Nagel, Robert Mercer, Michael Taylor, Timothy Reinhart, John Savastano, Jake Ryon, Robert Schurr, Bill Payne, Jeffrey Halbert, David Licciardi, Meghan McDonald, Derek Schwarz, Darren Rickwood, Michael Archer, Sean Pierpont, Ann Flaherty, Jeffrey Douglas, Robert O’Connell, Evelyn Perez, Tony Pandolfo, David Black, Bruce Meyers, Travis Vollmerhausen

A second CONGRATULATIONS goes to Alex Jaffe who has been named one of the “Top 200 Mortgage Originators” by Mortgage Executive Magazine.

Congratulations Alex and the top Loan Officers of First Home Mortgage Corporation!

First Home Mortgage Wins the Baltimore 2016 Top Workplace Award

Last night, First Home Mortgage accepted the 2016 Top Workplace honor from The Baltimore Sun. The Top Workplaces lists are based solely on the results of an employee feedback survey which reflects organizational health and workplace improvement. Several aspects of workplace culture were measured, including Alignment, Execution, and Connection, just to name a few.

“The Top Workplaces award is not a popularity contest. And oftentimes, people assume it’s all about fancy perks and benefits.” says Doug Claffey, CEO of WorkplaceDynamics. “But to be a Top Workplace, organizations must meet our strict standards for organizational health. And who better to ask about work life than the people who live the culture every day—the employees. Time and time again, our research has proven that what’s most important to them is a strong belief in where the organization is headed, how it’s going to get there, and the feeling that everyone is in it together. Claffey adds, “Without this sense of connection, an organization doesn’t have a shot at being named a Top Workplace.”

Over the past 26 years, First Home Mortgage has expanded to 19 states and the District of Columbia, offering home financing services, but employees feel like the Baltimore-based company provides them with a comfortable home. First Home endeavors to care for its employees, matching charitable contributions, encouraging idea sharing, offering training, rewarding top performers, and sponsoring games and other events that build camaraderie so “employees feel they can take a break from the demands of work and simply enjoy themselves”.

First Home Mortgage will continue to create the best work environment for employees, not only within Baltimore locations, but throughout all of their branches. The goal is to create fulfilling careers which will benefit the professionals at First Home as well as the clients who are served by First Home.

View the company feature by The Baltimore Sun here.

Pictured above: Gina Tubertini Loefflad, Director of Training, hosting a training session with Loan Officers. 

How Credit Scores Affect Mortgage Rates

Obtaining a low mortgage interest rate can help you save money on the price of your home. While many people try to compare lenders to secure the best possible rate, one of the main determinants of a mortgage rate is your credit score. Borrowers with higher scores are more likely to receive a lower rate than those with lower credit scores. Most lenders view a potential home buyer with a high credit score as more dependable and less likely to default on mortgage payments.

What is considered a “high” score?

The highest score a person can have is 850. However, it’s unusual for someone to have a perfect credit score. Most home buyers should aim for a score of 720 and above to qualify for good mortgage rate. If your credit score goes below 620 it can be difficult, though possible, to get a mortgage as well as a favorable rate. For an approximate breakdown, here is a range of how credit scores are judged:

Excellent = 720 and above
Good = 660 –719
Fair = 620 – 659
Poor = 619 and below

Can I still obtain a loan with a low credit score?

If you know your credit score isn’t stellar, it doesn’t necessarily mean you cannot qualify for a mortgage. For example, an FHA loan is a popular loan type among first-time homebuyers which accepts less than excellent credit scores. When you begin the mortgage process, your Loan Officer will order a credit report and you can start to explore your options in more detail.

Finding your credit score

A credit report can come from three different reporting bureaus: Equifax, Experian, and TransUnion. These reports require some background information and security questions, then deliver an outline of your credit history. However, if you’re interested in simply retrieving the number, you can easily view your FICO credit score, through your credit card company or online. It’s important check your credit score in order to determine whether you should improve it before applying for a loan. Speak with your Loan Officer about when you’re looking to buy and what you can do to in the meantime to increase your credit score.

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