Correspondent

Correspondent Lending Partner | CU Companies | New Brighton, MN

Correspondent Lending

Since 1987, CU Companies has not only reacted to changes in the mortgage lending environment, we strive to be ahead of the curve. That attitude allows us to be flexible in the lending options we have available to our partners.

Through our correspondent lending channel, our partners can choose either a correspondent or delegated relationship based upon the needs of their institution.

Correspondent

If your institution prefers to avoid the risk associated with true delegated authority, our underwriting department can support your internal processing team. Our "Ask the Underwriter" feature and in-house compliance team ensures files move through our system quickly and within the guidelines of the specified program.

Delegated

Our delegated option offers your team the flexibility to manage and control the entire loan process from origination to closing. Using our TPO site to upload, price, process and underwrite your files minimizes your investment in other lending software platforms as well.

Our correspondent lending channel is designed to help our partners provide more options while minimizing overhead costs and risk in today's mortgage environment.

Resources


Correspondent Lending Channel


Correspondent territory map – Accurate as of 01/09/2017


Approved State List


CU Mortgage is licensed to lend in numerous states throughout the nation for both Correspondent and Retail Lending channels. We are able to serve your borrowers that may reside outside of our original territory of Minnesota. We are the provider that has the essential mortgage expertise you are looking for, wherever your borrowers may be.



Loyalty. Service. Experience.

How it works:

Mortgage Lending Whitepaper

Request an electronic copy of our Correspondent Lending White Paper.

CU Mortgage's TPO site is easy to use and lets you to efficiently upload your loans and all the components.