MFLCares Gives Back to Iowa Able Foundation

AMES, Iowa – Midwest Family Lending, a local mortgage company, has donated $2020 to The Iowa Able Foundation through its MFLCares program. The funds will be used to support the local non-profit's mission to help people of all abilities become financially independent.

“The Iowa Able Foundation is not only proud and honored to have been selected as the cause of the month for MFLCares in August, but we also greatly appreciate that Midwest Family Lending supports its team members giving of their time and talents to nonprofit organizations,” said Anna Magnusson, executive director of Iowa Able Foundation. “It means so much to our team that Midwest Family Lending is a partner in serving Iowans who need financial assistance to acquire the products and services required to achieve independence.”

Through MFLCares, Midwest Family Lending employees nominate and select one cause a month to support that is dear to their hearts. Kyle Guldenpfennig, CVLS, licensed mortgage loan originator with Midwest Family Lending, nominated Iowa Able Foundation. Kyle is the Foundation’s executive board secretary. He was looking to get involved in the community and a mutual friend connected him with Anna. He was inspired to join Iowa Able Foundation because of the impact his late aunt’s work as a special education teacher for preschoolers had on him.

“I nominated the Iowa Able Foundation for the MFLCares program because of the hard work and dedication I’ve seen demonstrated daily in moving the mission and its members forward to support people with all abilities in communities around the state,” Guldenpfennig said. “With a personal connection to someone who gave her life to supporting the disability community, I felt a strong urge to connect with and give back to those who need our support the most!"

The Iowa Able Foundation is a statewide non-profit organization that helps people of all abilities become financially independent by providing solutions to financial needs and empowering them to achieve their financial goals.
Throughout the past 25 years the Foundation has been dedicated to developing a highly effective model that moves Iowans from a place of financial insecurity to empowerment through its Financial Solutions and Financial Empowerment programs.

Iowa Able Foundation provides immediate, short-term financial relief. Its Financial Solutions program focuses on getting Iowans the immediate financial relief they need to achieve independence. The Foundation also helps Iowans achieve long-term financial stability. Its financial empowerment program focuses on helping Iowans gain the financial skills, knowledge and habits they need to maintain independence. Iowa Able coaches work one-on-one with Iowans to establish and follow personalized plans centered around long-term financial goals. Its model is specifically designed to benefit those who need it most.

The financial impact of COVID-19 has hit the disabled community particularly hard. Many Iowans with disabilities are not able to afford equipment that is essential for independent living, such as hearing aids, wheelchairs, vehicle or home modifications, prosthetics and more.

To ensure access to all, earlier this summer Iowa Able Foundation began piloting expanded loan options and lowered interest rates in Black Hawk, Polk and Story Counties. Those with the least ability to pay are given the lowest interest rates. Interest rates range from 0-4 percent for loan applicants who participate in the financial education program, which includes coaching services.

Expanded loan options mean more needs can be met. In addition to providing loans for disability-assistance equipment, loans are available to Iowans with disabilities for home or vehicle repair, vehicle purchase, service animals, educational needs, and equipment for self-employment.

“Everyone should care about what Iowa Able Foundation is doing because everyone knows someone who uses assisted technology – be it a hearing aid, wheelchair, etc.” Guldenpfennig said. “And none of us know what the future holds; we may need it too.”

MFLCares is a program of Midwest Family Lending, a local mortgage company committed to creating customers for life and to community impact. Check out the company's calendar to learn more about the great causes MFLCares has supported this year.

“The pandemic has only increased the need for our assistance,” Magnusson said. “Because Midwest Family Lending cares about our community, together we can increase access to financial resources to enrich the lives of Iowans who need our help.”

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About Midwest Family Lending
For nearly 25 years, Midwest Family Lending has been committed to making a positive impact within the communities it serves and to creating customers for life. Midwest Family Lending Corporation is locally owned and operated and has been helping people throughout Iowa, Nebraska and South Dakota achieve their housing goals since 1996. Whether it’s the purchase of a dream home, or the refinance for an existing home, Midwest Family Lending stands alone in customer service and options available. Offering the most innovative and flexible programs in the industry, its customers receive solutions that work specifically for their needs. The team of trusted and licensed mortgage professionals has extensive experience in Conventional, VA, USDA and FHA mortgage lending. This experience, coupled with honesty, integrity and a sincere desire to build a relationship with its customers has established Midwest Family Lending as a preferred mortgage lender. For more information, call 515-252-7107, or visit www.midwestfamilylending.com. To learn more about Midwest Family Lending’s impact in the community, please visit MFLCares.com. Midwest Family Lending is also on Facebook, Twitter and LinkedIn.