Trending Topics

My Home Story: A Home That’s Worth the Hassle

June 10, 2015 | By

June is American Housing Month, and to celebrate we’re featuring your stories on renting, buying, or refinancing your home. If you’d like to participate, tweet us a short story and a photo of your home by using the #TheHomeStoryAHM hashtag.

Tom and Heidi Roemmele fell in love with the first house they looked at, a nice home on a quiet street in West Boylston, MA.

Their real estate agent, Vanessa Epro, from Coldwell Banker Residential Brokerage in Leominster, recommended they contact Jacqui Keogh, a vice president and senior loan officer at Salem Five Mortgage, after the Roemmeles had a bad experience with another lender.

Keogh, in turn, recommended a MassHousing Mortgage, and soon they were moving quickly through the process. State housing finance agencies (HFAs) like MassHousing and local HFAs (which you can find with an Internet search for your area) may be a great resource for homebuyer education and down payment assistance.

“Jacqui was very straightforward, and she got the process started,” says Tom Roemmele. “There was great communication between Jacqui and Vanessa. The loan process was fairly simple.”

But just before the loan’s closing, a significant snag emerged. The home had a Massachusetts affordable housing deed rider (it had been built under Chapter 40B, the state’s affordable housing law). Even though the Roemmeles qualified to buy the home with the rider, there would be some delay in getting them approved.

To make matters worse, the lease on the Roemmeles’ apartment was due to expire, and they were worried they would have to find another apartment to rent until they could close on their new house.

“We have three young children so you can imagine that it was very stressful,” says Roemmele.

But Keogh and Epro knew they could count on MassHousing to help resolve the late-breaking complication. MassHousing worked directly with the state Department of Housing and Community Development and Fannie Mae, the publisher of The Home Story, to get the deed rider approved. The Roemmeles were able to close on their home just a few days later than originally planned.

“We’re very thankful that the right people got involved in this and that they cared so much about a single loan,”  says Roemmele. “Everyone was fantastic. It went far beyond the normal home-buying process.”

Now the family is enjoying their home, and the couple’s children could not be happier.

“They love it,” Roemmele says. “We were able to get a cat because we are out of the apartment, and they are just loving it. They love the schools, and they can ride their bikes on the street because we live in a quiet neighborhood. We are all very happy to be in our own house.”

Photo: Mike Ritter, Ritterbin Photography

comments

COMMENTING POLICY

 

We appreciate and encourage lively discussions on our websites’ content. While we value openness and diverse points of view, all comments should be appropriate for people of all ages and backgrounds. We do not tolerate and will remove any comment that does not meet standards of decency and respect, including, but not limited to, posts that:

  • are indecent, hateful, obscene, defamatory, vulgar, threatening, libelous, profane, harassing, abusive, or otherwise inappropriate
  • contain terms that are offensive to any group based on gender, race, ethnicity, nationality, religion, or sexual orientation
  • promote or endorse a product, service, or vendor
  • are excessively repetitive, constitute “SPAM” or solicitation, or otherwise prevent a constructive dialogue for others
  • are factually erroneous or misleading
  • threaten the privacy rights of another person
  • infringe on intellectual property and proprietary rights of another, or the publication of which would violate the same
  • violate any laws or regulations

We reserve complete discretion to block or remove comments, or disable access privilege to users who do not comply with this policy. The fact that a comment is left on our website does not indicate Fannie Mae’s endorsement or support for the content of the comment.

Fannie Mae does not commit to reviewing all information and materials submitted by users of the website for consideration or publication by Fannie Mae (“User Generated Contents”). Personal information contained in User Generated Contents is subject to Fannie Mae’s Privacy Statement available here. Fannie Mae shall have otherwise no liability or obligation with respect to User Generated Contents and may freely copy, adapt, distribute, publish, or otherwise use User Generated Contents without any duty to account.

A Window Into Housing In America

Subscribe to our newsletter for each week's top stories. Enter your email address below to stay in the know.

Accessibility