Congresswoman Debbie Lesko Assists Sun City Residents with FHA-Insured Loans
Sun City, Arizona, October 16, 2018
For many homeowners, Federal Housing Authority (FHA)-insured loans offer low down payments and refinancing options with federally-backed mortgages. But in Sun City, home buyers and owners were continually denied FHA-insured loans.
In January 2017, the Recreation Centers of Sun City (RCSC) requested the U.S. Department of Housing and Urban Development (HUD), which oversees the FHA, to change the application policy regarding preservation fees on property transfers for Sun City residents. The FHA was not approving loans for applicants in Sun City for purchases, refinancing, or reverse mortgages, which was negatively impacting the seniors in the community.
“When RCSC contacted my office back in May 2018, we immediately reached out to officials at HUD/FHA to review their policy on loan applications in Sun City,” said Congresswoman Debbie Lesko (AZ-08). “This community is made of retirees, many on fixed incomes, and should have equal access to FHA loans. I am so pleased that residents of Sun City, whether in single family homes or condominiums, will be able to apply for FHA-insured loans and that my office was able to expediate and resolve this case favorably. I will always stand up for my constituents.”
“Although the RCSC Board of Directors has been repeatedly criticized for staying on path to this resolve, in the end it has provided the very best results for Sun City AZ,” said Recreation Centers of Sun City. “RCSC Assistant General Manager Chris Herring championed this process and did a superb job. RCSC would also like to thank U.S. Representative Debbie Lesko and her team for helping to get this resolution out of Washington DC.”
From stopping predatory solar leases, to ensuring golf carts could be driven on the roads, Congresswoman Lesko has a long history of standing up for residents of Sun City as their state senator. Now in Congress, she was able to help the RCSC navigate the Department of Housing and Urban Development.
“These are the types of issues I will continue to fight for on behalf of my constituents,” said Lesko.