- New Mortgage Programs Rolled Out To Credit Union Members.

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New Mortgage Programs Rolled Out To Credit Union Members.
Added: 01/03/2004 Type: Summary Viewed: 621 time(s) [ Not Rated Yet ]

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New Mortgage Programs Rolled Out To Credit Union Members.

MBS Mortgage Company, LLC is pleased to announce the addition of several new mortgage programs designed exclusively for Credit Union members.

New programs will increase the number of Credit Union members qualifying for mortgages. Specialized programs include:

§    Stated income program. Ideal for self employed members.
§    One time closing, for new construction mortgages.
§    100% mortgages for refinances and purchases.
§    Expanded programs for credit challenged members.

MBS’s President, John Teweles stated,” Our mission is to assist Credit Union members with all their mortgage needs. Twenty-five to thirty percent of members are unable to qualify for traditional conventional mortgages. We now have programs available for many of these members.”

MBS Mortgage Company, LLC offers mortgage services to Credit Unions in the Midwestern and Eastern United States and is a division of Multi-Bank Services, Ltd. The company has specialized in meeting the needs of Credit Unions for institutional brokerage and mortgage services since 1985.

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