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Technology CU Expands its Mobile Lending Services.(Credit Unions)

Mortgage Servicing News

| December 01, 2005 | COPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Dublin, CA -- Technology Credit Union has opened its first retail mortgage store here aimed at growing the company organically throughout the San Francisco Bay Area.

The Tech CU mortgage store will service the Tri-Valley housing region of the East Bay. The credit union anticipates opening a full-service branch within two years to complement its mortgage lending presence.

"We offer a full array of both retail and wholesale mortgage options with competitive pricing," said Harold Roundtree, senior vice president of member services.

"With this new location, we'll be able to provide local residents, Realtors and mortgage brokers with a convenient place to do business with Tech CU. We see it as a great way to expand our membership and put roots down in this thriving community."

The mortgage store will offer "one-on-one" service with a single point of contact for each customer throughout the entire mortgage loan process. Tech CU mortgage consultants are completely mobile, and will service customers "on demand," coming to their home, point of business or even local coffee shop, for consultations and meetings. They will even bring paperwork to customers for finalization and signing.

Underwriting decisions are made locally by management, which significantly speeds up the process, ...

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