BISMARCK, ND – North Dakota Housing Finance Agency (NDHFA) has been ranked as one of the Best Mortgage Companies to Work for by National Mortgage News for 2023.
“North Dakota Housing Finance Agency is honored to again be recognized as one of the Best Mortgage Companies to Work for,” said Dave Flohr, the agency’s executive director. “Our team does a fantastic job of serving and supporting our borrowers, helping to ensure that their homeownership journey is successful.” NDHFA was also ranked one of the Best Mortgage Companies to Work for in 2022.
Through its FirstHome™ program, NDHFA assists primarily first-time homebuyers in achieving homeownership by providing low-cost mortgages, and down payment and closing cost assistance. Single parents, veterans, and families with disabled or elderly household members can qualify for similar help through HomeAccess. The agency’s North Dakota Roots program assists households who require assistance to buy again or whose income exceeds the limits of the agency’s FirstHome program.
“I am proud of our team. They held the line during a challenging year. Inflationary increases and rising interest rates stressed household budgets and made it difficult for lower-income households to buy. None the less they persevered, the acquisition team helping 1,890 individuals and families to successfully purchase a home and our servicing team supporting more than 11,500 borrowers,” said Brandon Dettlaff, NDHFA Homeownership Division Director.
Parties interested in the agency’s programs will find information online, www.ndhfa.org, including contact information for the Participating Lenders who originate mortgage loans on NDHFA’s behalf and for FirstHome Certified Agents, real estate agents who have exhibited a commitment to assisting homebuyers who may benefit from the agency’s programs
National Mortgage News and Best Companies Group’s annual survey and awards program identifies, recognizes, and honors the best employers in the U.S. mortgage industry. This year’s list included 50 companies who were identified as the winners with the final rankings reveled in a special report published in National Mortgage News on March 9, 2023.
“It’s been a tough time for everyone in the housing finance ecosystem, but these top ranked companies have proven that it’s possible to be strategically agile while remaining supportive to your employees,” said Heidi Patalano, editor-in-chief of National Mortgage News at Arizent. “In the face of industry consolidation and broader economic uncertainties, these lenders were particularly admirable in showing how much they value their greatest assets — the people that work for them.”
Companies from across the United States entered a two-part survey process to determine the National Mortgage News’ Best Mortgage Companies to Work for. The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems, and demographics. The second part consisted of an employee survey to measure the employee experience. The combined scores determined the top companies and the final ranking.
NDHFA’s mission is to make housing affordable for all North Dakotans. Over the past 40 years, more than 50,000 individuals and families have benefited from the affordable home financing provided by the state agency.
The North Dakota Industrial Commission, consisting of Governor Doug Burgum as chairman, Agriculture Commissioner Doug Goehring and Attorney General Drew H. Wrigley, oversees the agency.