2023 Home Possible RISE Awards®
Freddie Mac is honored to announce the winners of the 2023 Home Possible RISE Awards®. Now in its sixth year, the annual RISE (Recognizing Individuals for Sustained Excellence) award program recognizes top producers of the Freddie Mac Home Possible® mortgage who are helping to make homeownership a reality for very low- to moderate-income borrowers.
“We’re proud to partner with these dedicated organizations and showcase the positive impact they’re making in their communities by helping more homebuyers finance their dream of home,” said Danny Gardner, Freddie Mac Single-Family Senior Vice President, Mission and Community Engagement.
The 2023 RISE Award winners represent the top originators from national to local organizations who are committed to assisting homeowners in overcoming affordability challenges and making the dream of homeownership a reality for so many.
"As a company, we believe in the power of homeownership to transform lives and communities, and the Home Possible mortgage is a key tool in making that a reality. One of my favorite features of Home Possible is the flexibility it offers to borrowers, including low down payment options and the ability to use gifted funds for down payments and closing costs," said Deborah Sturges, CEO & Founder of Hallmark Home Mortgage, a 2023 winner for Greatest Volume.
Freddie Mac purchased over 77,000 Home Possible and HFA Advantage mortgage loans in 2022. In addition, it has made homeownership possible for more than 760,000 families through $150.4 billion in Home Possible and HFA Advantage mortgages since 2015.
To be eligible for the RISE Award, lenders must be active Freddie Mac Sellers. Brokers and correspondents must deliver Home Possible loans through active Sellers. We review data from the prior year (2022) and take the top producers in each category.
Stay up to date on the latest information for the RISE Awards by visiting our webpage.
About Home Possible® and HFA Advantage®
Home Possible offers qualified very low- to low-income borrowers a low, 3% down payment financing option. Many types of down payment sources are acceptable with Home Possible®, including family, employer-assistance programs, secondary financing and sweat equity. Learn more about Home Possible benefits by visiting our webpage.
HFA Advantage is a conventional mortgage product available exclusively to housing finance agencies (HFAs) seeking strategic solutions to diversify their product offerings and portfolio mix while expanding homeownership responsibly. HFA Advantage supports first-time homebuyers, repeat buyers and borrowers seeking “no cash-out” refinances. Learn more about HFA Advantage benefits by visiting our webpage.