Frequently Asked Questions

Why is it important that government loans are part of my product offerings?

Government loans such as FHA, VA, and USDA offer flexible terms that may be more appealing for some members.  They typically allow for lower credit scores and down payments, making it easier for members to be eligible for a home loan they can afford. 

However, government loans are typically harder to originate and process and have strict government requirements necessary to offer these loans, such as extensive origination and underwriting experience.    With CU Members’ experience, your credit union can offer government loans with ease and have another way to compete in the mortgage market.


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