In our continuing monthly video interview series of Mortgage Monthly, broadcast live on CUbroadcast, we feature Executive Sales Consultant Rick McLaughlin discussing the mortgage pendulum swinging now toward purchase money mortgages from last year’s refinance boom. Rick joins us to share his many insights on this trend, advising credit unions to prepare for this shift in mortgage lending.
Check out the recorded episode here.
Rick shares why this preparation is so important today for credit unions, setting the foundation for a healthy home loan future to be there for their members when they’re looking for a home loan. In addition, he talks about the numerous benefits of credit unions being their members’ mortgage lending resource. A 30-year mortgage presents all sorts of opportunities.
Stay tuned for another session of Mortgage Monthly on CU Broadcast.