AMARILLO, Texas – Amarillo Community FCU reached an agreement with Irwin Mortgage Corp. for the residential mortgage lender to facilitate mortgages for the $90.5 million credit union. Irwin Mortgage will have a trained mortgage professional on-site at Amarillo Community FCU's main office. The company will originate mortgages and service them with a non-solicitation guarantee that gives the credit union the option to own the mortgages and keep them in their portfolio. As of March, Amarillo Community FCU had $3.2 million in its first mortgage loan portfolio. The credit union has more than 27,000 members.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.