DALLAS (3/14/12)--CU Members Mortgage is making a "CU Home Promise" to close mortgage loans within 40 days of receiving documentation or give members a $500 credit toward their closing.
The CU Home Promise service guarantee applies when CU Members Mortgage processes a mortgage loan for direct lending partners. The program also educates members about home loans throughout the mortgage process and provides value-added benefits, the company said.
A CU Members Mortgage release stated the guarantee was offered to say "thank you" to credit union partners as part of the company's celebration of 30 years in business.
CU Members Mortgage also introduced CU Home Advantage, a real estate services program that connects credit union members nationwide with a "member advocate" who helps them purchase or sell their home. Participating members are referred back to credit unions for home loan transactions.
Members who participate in the free program can receive a 20% rebate of real estate agent fees in states where rebates are permitted. They also benefit from a CU Members Mortgage partnership with Altair Global Relocation, Plano, Texas, said, said the mortgage services provider.