Low- and moderate-income members of the $1.2 billion UW Credit Union now have an additional option for getting a mortgage, one which might enable them to obtain a loan underwritten and sold by the credit union.
The $1.2 billion UW Credit Union has announced that it will add a Fannie Mae sponsored mortgage product to its list of loans available to members.
Just a few weeks into his new job as vice president of mortgage lending for the $1.3 billion Community First Credit Union,
Credit union mortgage lenders came off a record breaking year in 2009, but industry executives fear 2010 may not see the same sorts of gains.
Members Cooperative Credit Union is now offering Federal Housing Administration and Veterans Administration loans to its members.