Iowa Finance Authority and Farmers Trust & Savings Bank announce preferred loan officers

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Rita Hoffman and Ryan Davelaar, Farmers Bank real estate lenders. (Photo submitted)

Rita Hoffman and Ryan Davelaar, Farmers Bank real estate lenders. (Photo submitted)

Submitted press release

The Iowa Finance Authority (IFA) announced that both Farmers Bank real estate lenders, Rita Hoffman and Ryan Davelaar, were among a total of 42 lenders and Realtors to earn IFA’s 2018 Preferred Partner designation. IFA Preferred Partners are experts for Iowa home buyers seeking assistance with the homeownership process and are expertly trained in IFA mortgage and down payment assistance programs.

IFA offers affordable mortgage and down payment assistance programs for eligible home buyers through a seamless process with a network of hundreds of valued Participating Lenders across the state. Local lenders assisted 2,300 Iowans in purchasing a home using IFA programs in fiscal year 2017.

All IFA Participating Lenders serve as a trusted resource for home buyers in their area. IFA Preferred Partners have received additional in‐depth training and have committed to meeting various requirements including assisting a minimum number of home buyers through IFA programs each year.

In addition, IFA jointly administers the Military Homeownership Assistance Program in partnership with the Iowa Department of Veterans Affairs. This program offers eligible service members and veterans a $5,000 down payment assistance grant.

“These 36 mortgage lenders and six Realtors have gone the extra mile to receive advanced training on IFA’s unique homeownership programs and have an outstanding record of customer service,” said IFA Executive Director Dave Jamison. “I encourage any first‐time or repeat home buyer to give one of our partners a call for assistance on their homeownership journey. IFA looks forward to  advancing the quality of life of many Iowa home buyers in the coming year in partnership with these Preferred Partners.”

Home buyers interested in learning more about homeownership programs available to them, including eligibility information and application process should contact a Preferred Partner.

More information about IFA’s programs is available at

Iowa lenders and real estate agents in good standing with IFA are eligible to take the annual Preferred Partner training at the HousingIowa Conference each September.

This article was originally published by Lakes Business News.

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