LEVERAGE, the Service Corporation for the League of Southeastern Credit Unions & Affiliates, announced a new partnership with a mortgage CUSO,
Credit Union Financial Services in Covington, Ga., which will offer a full suite of mortgage products and services to credit unions and their members throughout the southeast.
The service will enable credit unions to launch or grow their mortgage lending programs while also offering a new benefit for their members, the Tallahassee, Fla.-based LEVERAGE announced.
“Perhaps the best part of a partnership with CUFS is that participating credit unions do not need to hire or allocate staff to implement the program,” Steve Willis, president of LEVERAGE said in a prepared statement. “The credit union simply passes along the member mortgage inquiry to CUFS, and their team of licensed mortgage advisors takes it from there.”
CUFS manages loan origination, loan fulfillment and loan servicing processes for credit unions that choose a full-service solution, but the CUSO also offers a-la-carte services to credit unions that need support in a specific area of mortgage lending.
In addition, CUFS’ partnership includes staff training, member counseling, mortgage marketing materials and bi-monthly performance reporting at no additional costs, according to LEVERAGE.