FAIRBORN, Ohio - Wright-Patt Financial Group Ltd., a wholly-owned mortgage CUSO of Wright-Patt Credit Union recently signed a wholesale mortgage loan origination agreement with Middletown Hospital Credit Union. Under the terms of the agreement, MHCU will take mortgage loan applications from its members and the CUSO in turn will handle the loan processing, underwriting, and coordination of closings. WPFG will also service the loans. Loans will be originated for sale on the secondary market, as well as for MHCU's loan portfolio. MHCU has $6 million in assets and more than 1,800 members in the Butler County area.
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From the May-07, 2003 issue of Credit Union Times Magazine • Subscribe!
Wright-Patt Financial Group Signs New Loan Origination Client
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