Discover how UMassFive College Credit Union deepened member relationships by partnering with Member Advantage Mortgage.
Stronger Relationships Lead To Stronger Numbers
Find out what Member Advantage Mortgage (MAM) can do for your credit union.
We did over one hundred million dollars in mortgage originations for our membership.
UMassFive knew mortgages were important to its members, but the credit union faced challenges.
Mortgage volumes rose and fell based on the economy and interest rates. But even when loan volumes were low, they still faced expensive staffing and compliance costs.
As mortgage regulations increased in complexity, it became difficult to keep up.
Furthermore, online competitors have changed consumer expectations. Many members assume their financial institution has the technology to begin the application process online, which can put a lot of pressure on smaller credit unions who might not have the budget to build and maintain those platforms.
Member Advantage Mortgage addressed
all of these challenges — and more.
As a credit union service organization, MAM understands and respects the important relationship between credit unions and their members. We’ll never sell your member data to another company.
MAM provides its partner credit unions with flexibility and options.
Some of our credit union partners outsource their entire mortgage operation — from origination to secondary market activities and servicing — to us. Others have us handle specific parts of the process.
Our partner credit unions can selectively choose to keep some loans on their balance sheets, while we sell the rest to the secondary market.
And, just as with UMassFive’s medical resident mortgage, we have the ability to develop unique mortgage products tailored to your members’ needs.
Partner with Member Advantage Mortgage to give your members the most confidence from their investment.
When Can We Connect?
“Hands down, I can recommend
Lauren Duffy
Executive Vice President and COO
UMass Five College Credit Union
Member Advantage Mortgage to any of my peers. I've done my own mortgage with them twice now.”
Disclaimer:
This information is solely for credit union and mortgage professionals and should not be distributed or provided to consumers or the general public
Member Advantage Mortgage LLC (MAM) is a subsidiary of CUSO Development Company (CDC), which is owned and operated by credit unions, including UMass Five College Federal Credit Union, for the benefit of credit unions and their members. As such UMass Five College Federal Credit Union has an affiliated business arrangement with MAM. Loans originated for UMass Five College Federal Credit Union members benefit both MAM and UMass Five College Federal Credit Union.
UMassFive College Federal Credit Union, NMLS # 460131, Member Advantage Mortgage, LLC NMLS #1557. Alabama Consumer Credit License # 22717. Arkansas Combination Mortgage Banker-Broker-Servicer License # 104160. Colorado, Regulated by the Division of Real Estate, Mortgage Company Registration NMLS ID # 1557; check the license status of your mortgage loan originator at http://www.dora.state.co.us/real-estate/index.htm. Connecticut Mortgage Lender License # ML-1557. District of Columbia Mortgage Lender License # MLB1557. Delaware Lender License # 011515. Florida Mortgage Lender License # MLD781. Georgia Residential Mortgage Licensee, License # 36659. Louisiana Residential Mortgage Lending License NMLS ID # 1557. Massachusetts Mortgage Lender License # ML1557. Maryland Mortgage Lender License # 06-19371. Michigan 1st Mortgage Broker/Lender/Servicer Registrant # FR020440. Licensed by the North Carolina Commissioner of Banks, Mortgage Lender License #167098. Licensed by the New Hampshire Banking Department. New Hampshire Mortgage Banker License # 14242-MB. Licensed by the New Jersey Department of Banking and Insurance. New Jersey Residential Mortgage Lender License NMLS ID # 1557. Licensed by Pennsylvania Department of Banking. Pennsylvania Mortgage Lender License # 33868. Rhode Island Licensed Lender, License # 20112778LL. South Carolina Mortgage Lender License #1557. Texas Mortgage Banker Registration NMLS ID # 1557. Licensed by the Virginia State Corporation Commission, Virginia Lender License # MC-5045, Virginia Broker License #MC-5045. NMLS ID # 1557 (visit www.nmlsconsumeraccess.org for complete licensing information).
We do business in accordance. with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
Member Advantage Mortgage NMLS #1557 www.nmlsconsumeraccess.org
© 2021 Member Advantage Mortgage
Mortgages are typically the single largest financial commitment your members will make. They're a significant emotional investment, too.
PRODUCTS PER HOUSEHOLD
Statistic provided by UMassFive College Federal Credit Union
We did over one hundred million dollars in mortgage originations for our membership.
Discover how UMassFive College Credit Union deepened member relationships by partnering with Member Advantage Mortgage.
Find out what Member Advantage Mortgage (MAM) can do for your credit union.
Stronger Relationships Lead To Stronger Numbers
PRODUCTS PER HOUSEHOLD
Statistic provided by UMassFive College Federal Credit Union
Stronger Relationships Lead To Stronger Numbers
UMassFive knew mortgages were important to its members, but the credit union faced challenges.
Mortgage volumes rose and fell based on the economy and interest rates. But even when loan volumes were low, they still faced expensive staffing and compliance costs.
As mortgage regulations increased in complexity, it became difficult to keep up.
Furthermore, online competitors have changed consumer expectations. Many members assume their financial institution has the technology to begin the application process online, which can put a lot of pressure on smaller credit unions who might not have the budget to build and maintain those platforms.
Member Advantage Mortgage addressed all of these challenges — and more.
As a credit union service organization, MAM understands and respects the important relationship between credit unions and their members. We’ll never sell your member data to another company.
MAM provides its partner credit unions with flexibility and options.
Some of our credit union partners outsource their entire mortgage operation — from origination to secondary market activities and servicing — to us. Others have us handle specific parts of the process.
Our partner credit unions can selectively choose to keep some loans on their balance sheets, while we sell the rest to the secondary market.
And, just as with UMassFive’s medical resident mortgage, we have the ability to develop unique mortgage products tailored to your members’ needs.
Mortgages are typically the single largest financial commitment your members will make. They're a significant emotional investment, too.
Partner with Member Advantage Mortgage to give your members the most confidence from their investment.
“Hands down, I can recommend
Lauren Duffy
Executive Vice President and COO
UMass Five College Credit Union
Member Advantage Mortgage to any of my peers. I've done my own mortgage with them twice now.”
Disclaimer:
This information is solely for credit union and mortgage professionals and should not be distributed or provided to consumers or the general public.
Member Advantage Mortgage LLC (MAM) is a subsidiary of CUSO Development Company (CDC), which is owned and operated by credit unions, including UMass Five College Federal Credit Union, for the benefit of credit unions and their members. As such UMass Five College Federal Credit Union has an affiliated business arrangement with MAM. Loans originated for UMass Five College Federal Credit Union members benefit both MAM and UMass Five College Federal Credit Union.
UMassFive College Federal Credit Union, NMLS # 460131, Member Advantage Mortgage, LLC NMLS #1557. Alabama Consumer Credit License # 22717. Arkansas Combination Mortgage Banker-Broker-Servicer License # 104160. Colorado, Regulated by the Division of Real Estate, Mortgage Company Registration NMLS ID # 1557; check the license status of your mortgage loan originator at http://www.dora.state.co.us/real-estate/index.htm. Connecticut Mortgage Lender License # ML-1557. District of Columbia Mortgage Lender License # MLB1557. Delaware Lender License # 011515. Florida Mortgage Lender License # MLD781. Georgia Residential Mortgage Licensee, License # 36659. Louisiana Residential Mortgage Lending License NMLS ID # 1557. Massachusetts Mortgage Lender License # ML1557. Maryland Mortgage Lender License # 06-19371. Michigan 1st Mortgage Broker/Lender/Servicer Registrant # FR020440. Licensed by the North Carolina Commissioner of Banks, Mortgage Lender License #167098. Licensed by the New Hampshire Banking Department. New Hampshire Mortgage Banker License # 14242-MB. Licensed by the New Jersey Department of Banking and Insurance. New Jersey Residential Mortgage Lender License NMLS ID # 1557. Licensed by Pennsylvania Department of Banking. Pennsylvania Mortgage Lender License # 33868. Rhode Island Licensed Lender, License # 20112778LL. South Carolina Mortgage Lender License #1557. Texas Mortgage Banker Registration NMLS ID # 1557. Licensed by the Virginia State Corporation Commission, Virginia Lender License # MC-5045, Virginia Broker License #MC-5045. NMLS ID # 1557 (visit www.nmlsconsumeraccess.org for complete licensing information).
Member Advantage Mortgage NMLS #1557 www.nmlsconsumeraccess.org
© 2021 Member Advantage Mortgage
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
