Transcript Document

WHY CU PARTNERS
• CU Partners is a division of
Stearns Lending, Inc. (established 1989)
• Licensed in 49 States + D.C.
• Funded $25 Billion over past 3 years
(100,000+ loans funded ‘in-house’)
Built by credit union people for credit unions.
BUILD YOUR MORTGAGE PROGRAM
We offer people, process and technology to
customize the program you want:
• Member Education
• Product Selection
• Mortgage Resources
• Staff Training
• Secondary Marketing
• Cross Selling
• Fulfillment capabilities
• Customer Care
• Loan Servicing
• Flexibility
• Origination
PARTNERING BENEFITS
• Access to experienced service provider
• Workflow expertise in critical areas
• Flexible:
 Business Model
 Staffing & Scalability
• Competitive rates and fees
• Full product line
• Expanded member benefits
PRODUCT CHOICES
• CUPartners.com
• WebTrac – real time reporting
• Daily rate sheet access
• The Home Loan Center
 Member can apply online
 24/7 Access – Can be linked to your website
PRODUCT CHOICES
Traditional products to choose from:
• Conventional, Jumbo
• FHA, VA, Reverse Mortgage
• Ongoing consulting services
• Customize new loan programs
• Strategies for loan portfolio growth
PRODUCT CHOICES
Multiple lending channels available
• Correspondent
• Wholesale
• Retail
• Portfolio Lending
• Contract Services
FULFILLMENT CAPABILITIES
Select just one or use them all:
• Operations support
 Customer Service
 Processing
 Underwriting
(Multiple Automated
Underwriting Engines)
 Document &
Funding coordination
 Closing
 Servicing
• Fixed fee transaction fulfillment
• Efficient turn times (currently 30 days)
LOAN DELIVERY SOLUTIONS
Choices for the direction of the funded assets:
• Place in Credit Union portfolio – asset growth
 First Right of Refusal
• Secondary Market – sell assets
 Private placement
CUPartners.com
Visit us online at:
CUPartners.com