Imagine what it will feel like when more of your members start to obtain their mortgages through your credit union.
By partnering with TruHome Solutions, a credit union-owned mortgage CUSO, you can break through the barriers of cost, regulation, and technology, resulting in increased loyalty and member service.
In the most recent episode of the Talking Mortgage Podcast, TruHome Chief Financial Officer Brad Richardson explores how credit unions can work toward long-term viability in a fluctuating mortgage market. Listen as we discuss:
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The current market overview
Traits of profitable credit union mortgage departments
Credit union cost structure adjustments
The value of maximizing member relationships
From interest rates and margins to cost structure adjustments, there’s much to consider in today’s mortgage market balancing act. The good news is, with the right partners, credit unions never have to juggle it all alone.
Credit Union Magazine’s Summer 2023 issue highlights the lending outlook for the rest of the year, how credit unions leverage fintech companies to boost digital lending, the power of lending partnerships, common Bank Secrecy Act violations, and the shift board members must make when becoming chair.
