Continuing what the credit union says is an ongoing trend, the $1.3 billion Truliant Federal Credit Union closed 32% more mortgages this past June than it closed in June of 2008.
The credit union attributed its members' mortgage demand to its philosophy that that any decision the credit union makes must be beneficial to the members.
"June was a busy month to say the least," said Troy Martens, vice president of consumer and real estate lending for Truliant.
"Our mortgage department has been very busy in light of the current economy and I think that can be contributed to two main factors: we have very competitive rates and our members know that our goal is to put them in a loan that they can actually afford."
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