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MECHANICSBURG, Pa. — As an avenue to provide credit unions access to business loans for sale, Members 1st Federal Credit Union has launched a new loan participation Web site.

Through the site participants will be able to download all of Members 1st’s due diligence information as well as view a list of loans for sale. Each loan record will also include a description of the loan, original loan date, terms, amount available to purchase and yield to participant. From that list, users will be able to request loan packages to view. They will then be given access to download the entire loan file for complete underwriting.

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