The 98,000-member, $1.13 billion Partners Federal Credit Union says it inked a deal with the housing finance CUSO CU Realty Services in order to help it service what it calls a coming surge in demand for purchase money housing loans.

So-called purchase money loans are mortgage loans which go to purchase a new home versus housing loans that are refinanced.  Many credit unions share the goal of increasing the percentage of purchase money loans in their housing finance program.

The Burbank, Calif., credit union serves the employees of the Walt Disney Company and their families around the country, including at Disney World in Florida.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 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 Management
Lending
Marketing