• HomeFinanceofAmerica

Since our founding in 1993, our mission at Home Finance of America is to provide the most qualified borrowers with the bargain home financing options that they deserve. Home Finance of America commits to upholding fair and honest business practices beginning the moment a perspective client first contacts our organization and throughout the entire mortgage process.

At Home Finance of America we price our mortgage products at abnormally low profit margins. In turn, for almost 20 years we've enjoyed the success of generating more business by offering the most competitive mortgage programs available. At Home Finance of America we see mortgages as commodities; smart customers will choose the best deal offered to them.

"Even in the most difficult economic times, people want to buy or refinance a home at the lowest rates. People used to look at the name of the mortgage lender, but a brand name is no longer enough" says HFA founder and CEO David Davitch. "People have learned that they can't always trust a name when they're making one of the most important investment decisions of their lives. When you compare apples to apples, you'll find that our rates will beat the big banks and other big name lenders almost every time. The names you thought were looking out for your best interest are not."

In a revolutionary industry concept, Home Finance of America's Loan Originators and sales staff would not be compensated on yield spread by steering borrowers towards higher rates and fees. This radical idea motivates Home Finance of America's Loan Originators to look out for our client's best interest. Not to push higher rates and fees and put more money in their own pockets.

After the subprime lending crises of 2008 Home Finance of America was only one of a few privately held mortgage lenders enjoying success. Unlike most mortgage lenders, HFA has never originated subprime loans or lent money without adequately documenting a borrower's income, assets and ability to repay the debt. "We were sharp enough and fair enough to recognize that subprime lending does not serve the customer's best interests," says CEO David Davitch. "We were there to provide the best possible solution to our customers' home mortgage needs."

Since 1993 Home Finance of America has grown from a small mortgage brokerage firm in the Philadelphia suburbs to one of the Top 10 Direct Online National Mortgage Lender's in the country. HFA currently holds mortgage lending licenses in over 20 states across the country and has funded over $15 billion in residential mortgages.

We are looking forward to making you part of our ever-growing extended family.