WOBURN, Mass. – Credit unions that use MortgageClick’s Web-based platform to provide members with mortgage services now have access to a new home equity feature of the platform. The new home equity component provides a customized program that allows both members and staff to originate credit lines and loans over the Internet. Home equity loans can be offered in conjunction with first mortgages or as a stand-alone feature. Loan decisions are based on the CU’s lending parameters and can be any combination of loan-to-value, FICO score, and underwriting ratios. MortgageClick’s Web platform, powered by Prime Alliance technology, also offers a cross-sell function that automatically runs first mortgage approvals against the CU’s home equity criteria.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


© 2023 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.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.