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 […]
Let’s Talk Products: USDA Home Loans
When your members are financing a home it’s important that your credit union offers all the options members could need. The more home loan products available, the higher possibility to not only ensure a closed loan, but it allows you to truly be able to provide the best product possible for your members’ financial situation. A […]
Understanding FHA Home Loans
FHA loans are providing new opportunities to potential homeowners across the country. With great flexibility, FHA is making homeownership happen. What is FHA and why you want to consider an FHA home loan? The Federal Housing Administration, generally known as “FHA”, is the largest government insurer of mortgages in the world. A part of the […]
Let’s Talk Products: Fannie Mae’s HomeReady®
Fannie Mae has been a fantastic resource for many years in sustaining homeownership. Back in 2001 they launched the MyCommunityMortgage® program to better serve borrowers in need of an affordable lending product, and in 2015 they revisited the product and replaced it with HomeReady® to better fit the needs of borrowers for the new era. […]