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Credit Unions Underestimate Their Edge Against Other Mortgage Lenders

Expedite margin, share, risk and operational goals with the right analytical tools and market intelligence.

By Brandonn Dukes | August 13, 2021 at 09:00 AM
holding miniature house in hands Source: Shutterstock

Credit unions, propelled by the strength of first mortgages, managed to surpass $1.2 trillion for their total loan portfolio for the first time in April. But while they are gaining market share in the mortgage lending space, most are likely still falling far below their potential in their battle against banks and depositories.

Credit unions, which make up a small percentage of the total mortgage volume in the U.S., often underestimate their ability to seize market share from large mortgage lending institutions. In reality, they have more fighting power than they think.

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