Managing Loan Processing Seamlessly

Processing a mortgage loan includes gathering and maintaining the file of information about a member’s lending transaction, including the credit report, appraisal, title search, flood verification, verification of employment and assets. During this step, myCUmortgage processes the mortgage loan and conducts the underwriting for the loan decision entirely with a web-based system.

Our partnership with Prime Alliance Solutions helps process loans online using a secure co-branded website. As a result, it takes us significantly less time to process mortgage loans compared to other providers. Additionally, our online communication is paperless; therefore we don’t have overnight shipping costs or additional paperwork costs to process loans. That’s a significant savings for you and your members.

myCUmortgage has several mortgage solutions that can be customized for your credit union’s mortgage needs. To learn more about a mortgage solution that works best for your credit union, contact one of our experts today.

CUOne

You originate and we do the rest.

CU One allows your staff to take mortgage applications from your members using our co-branded website. We process, underwrite and close loans for you, taking care of secondary market requirements as necessary. You receive increased revenue on the transaction and lower fees for your members. To learn more about this mortgage solution, please contact one of our experts today.

CUTwo

We empower your lending department.

CU Two empowers your staff to originate and process applications within your lending department using our co-branded website. Additionally, you’re eligible to offer FHA loans to members using CU Two. We underwrite and close the loan for you. Unlike other providers, you may choose to keep and service loans in your own portfolio. Or, we can help you manage secondary market sales. You enjoy higher revenue opportunities with CU Two because our pricing reflects the cooperative values of a credit union. To learn more about this mortgage solution, please contact one of our experts today.

CUThree

Maximize technology and earn more money.

CU Three enables you to manage the entire mortgage chain from origination and processing on all loans and underwrite your own portfolio loans. We provide our co-branded mortgage website and manage secondary market underwriting and sales activities. With CU Three, you earn the maximum revenue stream. To learn more about this mortgage solution, please contact one of our experts today.