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Mission: The mission of tchfh lending, inc. Is to help those underserved by the traditional mortgage industry attain homeownership through its affordable mortgage program
Programs: Tchfh lending, inc. Is a wholly-owned subsidiary of twin cities habitat for humanity; together the two organizations work in partnership to make decent, affordable homeownership possible for low and moderate income households across the twin cities seven-county metro. Tchfh lending, inc. Originates affordable mortgages, services residential mortgage loans, and provides down payment and closing cost assistance. Its primary program is to finance residential mortgages to a target market of low-income homebuyers for the purchase of a habitat-built home, a move-in ready home or a home in need of additional rehab. The organization was incorporated in fy16 and originated 30 mortgage loans in fy17.
tchfh lending, inc. Services residential mortgages it originates and services existing loans previously originated by its parent entity, twin cities habitat for humanity, inc. The organization serviced 895 loans in fy17.
tchfh lending, inc. Provides down payment and closing cost assistance to eligible low-income homebuyers and facilitates third-party down payment assistance programs and subordinate loans. Down payment and closing cost assistance awarded to 30 homebuyers in fy17.