ESL Federal Credit Union Recognized with Freddie Mac’s Home Possible RISE AwardSM for Second Consecutive Year
The award honors mortgage lenders that have demonstrated outstanding work with Home Possible® Mortgages for low-to-moderate income home buyers.
ROCHESTER, N.Y., July 22, 2024—Freddie Mac recently announced ESL Federal Credit Union as one of the winners for its prestigious Home Possible RISE AwardsSM. Now in its seventh year, the RISE (Recognizing Individuals for Sustained Excellence) awards celebrate Freddie Mac’s top clients who excel in providing Home Possible® mortgages to low-to-moderate income home buyers.
This year, ESL earned the Home Possible Rise Award for Greatest Volume, which recognizes honorees that have a large impact on affordable lending in their communities. ESL is among the top companies that produced and/or aggregated the greatest number of Home Possible mortgages in the past year. In 2023, ESL secured 84 Home Possible loans throughout the community.
"This award reaffirms our commitment to providing affordable and accesible mortgage lending products to homebuyers throughout Greater Rochester,” said Jim Miller, Vice President/Director of Mortgage Lending at ESL Federal Credit Union. “We’re pleased to offer a variety of solutions and resources that can help our members achieve their goals in their homebuying journey.”
The Home Possible mortgage offerings provide affordable, flexible solutions that empower lenders to help buyers achieve their homeownership goals.
The complete list of award winners can be found by visiting www.freddiemac.com/docs/rise-awards-winner-page.pdf.
About ESL
With more than 100 years of locally owned history, ESL Federal Credit Union serves as a full-service financial institution to more than 425,000 members and 16,600 businesses. Founded in 1920, the company provides personal banking, business banking, mortgage services, and wealth management services through its locally based 24-branch network; telephone, mobile, and online banking; and live chat center.
The Rochester-based financial institution employs approximately 950 people in the Greater Rochester area and holds more than $9.2 billion in assets. Since 1996, ESL has paid out 29 consecutive Owners’ Dividends to its members, totaling more than $290 million. Since the creation of its Community Impact initiative in 2018, ESL has re-invested more than $100 million in grants throughout the community. The company has appeared on Great Places to Work® lists since 2010. ESL Federal Credit Union is headquartered at 225 Chestnut Street in Rochester and can be found online at www.esl.org.
About Freddie Mac
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, investors, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog.