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A
partnership with Allanach Mortgage Group gives
your Credit Union the opportunity to earn
revenue while providing an excellent service to
your members. You have nothing to lose and
everything to gain. If your credit union
currently portfolio's mortgages, our partnership
would prevent you from ever having to decline a
member on the spot again. Your lending
department would have access to over 16 national
lenders, each with their own unique products
from: 100% Financing, VA, Gov't Loans, Reverse
Mortgages, Interest Only, 40 Year mortgages and
many more. If your credit union currently does
not offer its members any mortgage services this
is an opportunity for new income and to attract
new members.
Avoid risk of noncompliance with Federal rules
and regulations!
Allanach Mortgage Group will provide your Credit
Union with deep industry expertise that is
second-to-none: More than 40 years of experience
working with Credit Unions and for the National
Credit Union Administration (NCUA). We have a
practical, working knowledge of the regulations
that govern your credit union.
Allanach Mortgage Group understands uniqueness
of each Credit Union and that level of service
we could provide could range in scope. In order
to fully understand AMG's ability to fulfill
each and every Credit Union's unique need, we
have have provided breakdown of different
mortgage servicing SCENARIOS:
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SCENARIO 1
Your CU collects basic member data and
AMG handles the rest; origination,
processing, loan underwriting, closing,
funding and servicing of the loan.
SCENARIO 2
Your CU funds the loan and AMG does
origination, processing, loan
underwriting, closing, while credit
union maintains servicing.
SCENARIO 3
Your CU originates the application and
AMG handles processing, loan
underwriting, closing, funding and
servicing of the loan. |
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SCENARIO 4
If your CU is originating, funding and
processing the mortgage application, AMG
will underwrite the loan, close it.
SCENARIO 5
This option allows your CU to handle
most of the mortgage process with the
exception of underwriting and loan
servicing sold by AMG. |
It is critical for Credit Union to have
strategic marketing approach in order to educate
existing members or attract new ones. Allanach
Mortgage Group will assist your marketing
efforts in various innovative ways. Please
review our
MARKETING page
for more details
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