Members 1st Federal Credit Union’s Mortgage Services division has been recognized among the Top 300 Mortgage-Granting Credit Unions in the United States according to The American Credit Union Mortgage Association (ACUMA).
Members 1st was the only Pennsylvania credit union in the top 50, ranking number 37 in several categories including: dollar amount of first mortgages originated (fixed and adjustable), number of first mortgages originated (fixed and adjustable), dollar amount of outstanding first mortgages (fixed and adjustable), dollar amount of first mortgages sold and dollar amount of real estate loans sold and real estate loans sold but serviced by the credit union.
In addition, Members 1st has been ranked the #1 local residential mortgage lender by dollar volume according to the Central Penn Business Journal. Of the 25 local mortgage lenders and brokers on the list that represent a seven-county region, Members 1st moved into the number one spot, jumping from second place in 2018.
“We are committed to our members during these important financial moments. Whether someone is buying their first home, a vacation home, relocating or looking to refinance an existing mortgage, we have a mortgage program tailored to all needs. We currently offer mortgages in Pennsylvania, Maryland, Delaware, Florida, North Carolina and South Carolina and have plans to expand our reach to additional states,” said Dawn Pellegrino, Vice President of Real Estate Lending at Members 1st.
ACUMA is an organization of and for credit unions that brings together shared real estate lending and financing interests. ACUMA member organizations include federal- and state- chartered credit unions and Credit Union Service Organizations (CUSOs), mortgage insurance companies, secondary market investor and investment banking firms, and technology companies operating in the field of mortgage banking.
Members 1st’s Mortgage Services division offers programs ranging from mortgage pre-qualifications, first-time home buyers with 100% financing, construction and land loans, fixed and adjustable rate mortgages, and programs specifically tailored toward professionals and medical professionals.
“We are very proud to achieve these recognitions. Through these rankings, our strong Mortgage Services team has highlighted the commitment we have to our members, our associates, and our community as we guide them along their financial journey and help them to achieve their financial goals,” said President/CEO George Nahodil.
Members 1st FCU serves more than 435,000 members through its locations in Southcentral Pennsylvania. To learn more about Members 1st, visit members1st.org or call (800) 283-2328.