MADISON, Wis. – CUNA's Center for Personal Finance has come out with two new statement stuffers for credit unions to send to members that explain how to determine an affordable mortgage loan and discuss the availability of small business loans from credit unions. “How Much House” explains how interest rates and loan terms affect affordability when buying a home. It also shows the factors lenders use in determining the monthly payment amount a member can afford. The second brochure, “Business Loans Help Realize Your Dreams” explains the credit union advantage and credit unions' ability to offer small business loans to members. It also shows the steps involved in attaining a business loans, explains what members should include in their business plans, prepares them to meet with a lender, and lists what the member should bring with them when applying for a business loan.

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.