In our continuing monthly video interview series of Mortgage Monthly brought to you by CU Members Mortgage, we feature CU Members Mortgage Executive Sales Consultant Rick McLaughlin discussing the mortgage pendulum swinging now toward purchase money mortgages from last year's refinance boom. Rick joins us to share his many insights on this trend, advising credit unions to prepare for this shift in mortgage lending.
Rick shares why this preparation is so important today for credit unions, setting the foundation for a healthy home loan future to be there for their members when they're looking for a home loan. In addition, he talks about the numerous benefits of credit unions being their members' mortgage lending resource. A 30-year mortgage presents all sorts of opportunities.
Check it out and let us know your thoughts. And stay tuned for next month's Mortgage Monthly live stream.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.