James B. Nutter & Company Celebrates 50 Years of FHA

It was July 22, 1957 when James B. Nutter Senior got the word that HUD had approved the local Kansas City, Missouri mortgage banking company as a Federal Housing Administration (FHA) lender. Since that day, the national mortgage banking firm has become a top FHA performer, endorsing 141,195 FHA loans for a total mortgage amount of over $11.6 billion dollars.

Regional Director Macie Houston, James B. Nutter & Company Vice President Mark Kessel and Deputy Regional Director Gene Lipscomb stand outside the James B. Nutter & Company Headquarters building in Kansas City, Missouri as they prepare to tour the "Nutterville" complex.

In honor of the 50 year anniversary as a successful FHA approved lender, the company celebrated by hosting a barbeque at its headquarters office located in the historic Westport area of Kansas City, Missouri. The celebration was complete with FHA balloons and a red, white and blue cake commemorating the spirit and commitment by both FHA and James B. Nutter & Company to strengthen America's communities by helping people become homeowners.

HUD's Regional Director Macie Houston, who is responsible for HUD programs in Iowa, Kansas, Missouri and Nebraska, was on hand to recognize Jim Nutter, Sr. and congratulate the entire company for its outstanding work in the community and across the nation.

FHA - which is a part of HUD - insures mortgage loans. With federal backing, lenders can offer homebuyers a better deal:

• Low down payments
• Low closing costs
• Easy credit qualifying