Credit unions around the country have been using a mixture of increased borrower education, a wide variety of mortgage loan products and different loan strategies to help their members qualify for mortgages, industry executives explained.
One example of this trend is the 162,000-member, $1.41 million UW Credit Union, headquartered in Madison, Wis.
Having a wider variety of mortgage products helps credit unions assist members in overcoming their individual challenges when seeking a mortgage loan, according to two UW executives.
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