Habitat Homeowner Celebrates Paying Off Her Mortgage Early By Shredding Replica of Mortgage Paperwork
Posted on April 29th, 2018
CASPER, WY - In March 2018, Lisa Hughes became the first homeowner to pay off a Habitat for Humanity mortgage in the Natrona County area.
April 27th was a historical moment in the Habitat office as the first Habitat homeowner to pay their mortgage in full was celebrated. Supporters of Lisa Hughes, including Mary England, Habitat for Humanity Board Member at the time of mortgage origination and Lisa’s Homeownership Partner, were in attendance to cheer Lisa on as she shredded a copy of her original mortgage paperwork.
WCDA, purchaser of the mortgage loan from Habitat, presented Lisa with a framed print, No Place Like Home, commissioned by a talented Wyoming artist.
Rocky Mountain Title Agency, who prepared her closing documents, brought Lisa a copy of the settlement statement from her closing back in 2000, as well as a lovely house plant.
Additionally, Sarah Thayer, Lisa’s neighbor, friend, and Habitat homeowner, was in attendance and is also nearing a full payoff of her mortgage.
57 year old Lisa Hughes applied to the Homeownership Program in 1997 and waited three years for her Habitat home to be completed in 2000. Single mother of two boys, Lisa wanted her children to grow up with a place to call home. The business owner, substitute teacher, and avid gardener owned one of the first homes in Bar Nunn. She recalls the days she had a sprawling view and when the suburb was very quiet, and still is, but now with many more young families in the neighborhood.
When applying to the Habitat program, Lisa thought there was no way that she would be selected. Shocked by her approval to partner with Habitat to build her own home, Lisa said yes immediately to the house, sight and floor plan unseen. With no prior construction experience, she recalls having no clue what she was getting into and what the home would look like but is thrilled with the open floor plan and wouldn’t change a thing about the 3 bedroom home. Lisa elaborates on the benefits of having a smaller house, less cleaning and the well-insulated home keeps the heating and electrical bills to a minimum each month.
Occasionally, Lisa contemplates moving out of state now that her boys are grown, but declares she wouldn’t move to another house in Casper. One of her proudest accomplishments is having her two sons attend the University of Wyoming, with her youngest son earning a full ride academic scholarship.
With the financial freedom of no longer having a monthly mortgage payment, Lisa is looking forward to home improvement projects and purchasing a hot tub.