X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

FORT WORTH, Texas — CU Members Mortgage, a leading provider of mortgage services to credit unions throughout the U.S., has expanded its portfolio of loan products to include reverse mortgages.

The new product will be available to all credit union members aged 62 years and older who want to use their home equity as a financial resource without the responsibility of making monthly mortgage payments associated with a traditional home equity loan. Funds from a reverse mortgage are tax free, and there are no income or credit qualifications. In addition, funds from a reverse mortgage do not affect a recipient’s Social Security benefits.

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?

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.