Transforming the Home-Buying Experience

October 24, 2024

Lender Owes Rave Review to First Step Program

Hundreds of lucky homebuyers will save thousands over the life of their new First Step mortgages secured just this year. But they would miss out on these lower-than-market interest rates and down payment assistance without the lenders and Realtors who show them the program's advantages.

One of these advocates is Gabe Crain, a mortgage loan originator with First Federal Mortgage. Crain credits AHFA's First Step program with helping him provide “an exceptional experience” for a home-buying family of five in Pelham.

“By leveraging AHFA's First Step product, I successfully secured an ideal mortgage solution for the borrower,” Gabe explained. “This program was instrumental in helping this family achieve their homeownership dream, showcasing the tangible benefits AHFA offers to Alabama residents.”

The borrower agreed, saying, “What truly stood out was his ability to find an amazing mortgage product that I didn't realize I would qualify for.”

Loan closings like this earned First Federal Mortgage a win as AHFA’s Top Participating Lender for the third quarter of 2024. Crain credits AHFA programs with transforming his process with potential home buyers.

“Our ability to effectively navigate and utilize AHFA's programs is a testament to the strong partnership we've cultivated with AHFA,” he explained. “We look forward to continuing our successful partnership and helping more families.”