With the price of housing continuing to rise today, some consumers may soon be priced out of owning a home. According to Redfin, places like Columbia, SC, home prices increased 24% in late 2019; Delray Beach, FL, prices went up by 21%; Detroit, MI, rose 17%; Pittsburgh, PA, up by 15%; Boise, ID, up 12%. […]
Affordable Housing Options Result of Changing Marketplace
CU Members Mortgage Vice President of Sales Keith Kasmire joined Mike Lawson at the Studio Lounge at CUES CEO/Exec Network 2019 to share his thoughts on affordable housing options that are on their way for 2020 including manufactured housing. Originally shared from CU Broadcast at https://vimeo.com/372004852.
Why Your CU Must Offer FHA Home Loans
Your mortgage pipeline might be in need of a lift as the industry shifts to a purchase market from a refinance market. FHA home loans can be a great option to help expand your reach and to be a more diversified lender to your members. FHA home loans are a necessity for originators because it […]
What’s Hot In CU Mortgage Lending Now
CU Members Mortgage Senior Vice President Steve Hewins joined Mike Lawson at the Studio Lounge to share what’s hot in credit union mortgage lending right now, along with how credit unions can gear up for the home buying season and the 2018 lending outlook. Originally shared from CU Broadcast at: https://www.cubroadcast.com/episodes/gac-interviews-cu-members-mortgages-steve-hewins-shares-whats-hot-in-mortgage-lending-today
Renovation Loans Become a Necessity after Hurricanes
Because of Hurricane Harvey and Irma, the latest home loan demand is focused around renovation. Home renovation loan products aren’t new to the industry and many exist, but one of the best to assist credit union members struggling through natural disasters such as Hurricane Harvey is Fannie Mae’s HomeStyle® mortgage. This particular home loan product […]