Member First Mortgage: A Comprehensive Guide To Their Services

Member First Mortgage (MFM) is a full-service mortgage lender that has been providing homebuyers with mortgage financing since 2001. It is wholly owned by 12 Credit Unions and is built on the philosophy of People Helping People. MFM offers a diverse range of purchase and refinance loan programs tailored to meet the unique needs of its borrowers. The company has experienced staff and provides expertise in all aspects of mortgage lending, including purchase, refinance, and construction lending. Member First Mortgage has a strong reputation as a leading first mortgage lender, serving the needs of credit unions, individual home buyers, real estate professionals, and builders.

Member First Mortgage is a full-service mortgage lender with experienced staff

The company offers a diverse range of purchase and refinance loan programs tailored to meet the unique needs of its borrowers. It provides expertise in all aspects of mortgage lending, including purchase, refinance, and construction lending. Their team members have years of experience and offer a service vision that is unparalleled in the mortgage industry.

Member First Mortgage has a strong reputation as a leading first mortgage lender, serving the needs of credit unions, their members, individual home buyers and owners, real estate professionals, and builders. They have a wide range of partnership options available, including affiliate, wholesale, and correspondent partnerships, which can be customized to meet the specific needs of credit unions.

The company has also been praised for its great service and friendly, helpful staff. Customers have reported quick responses to questions and issues, with some highly recommending Member First Mortgage.

MFM is built on the credit union philosophy of People Helping People

Member First Mortgage (MFM) is a full-service mortgage lender that has been built on the credit union philosophy of "People Helping People". Since its founding in 2001, MFM has served the home financing needs of credit union members, individual borrowers, and non-members.

MFM is wholly owned by 12 or 13 leading credit unions, all headquartered in Michigan. As a mortgage Credit Union Service Organization (CUSO), MFM has grown to become one of the largest in the nation. It has a strong reputation as a leading first mortgage lender, serving the mortgage needs of credit unions and their members, individual home buyers and owners, real estate professionals, and builders.

MFM's team members have years of experience in mortgage lending and offer expertise in all aspects of mortgage lending, including purchase, refinance, and construction lending. They understand the importance of flexibility and choice when it comes to mortgage financing and offer a diverse range of purchase and refinance loan programs tailored to meet borrowers' unique needs.

MFM's commitment to the "People Helping People" philosophy is evident in the testimonials from satisfied customers, who praise the company for its great service, friendly and helpful staff, and quick responses to questions and issues. MFM has also demonstrated its dedication by assisting borrowers financially impacted by COVID-19.

MFM offers a diverse range of purchase and refinance loan programs tailored to meet borrower needs

Member First Mortgage (MFM) has provided homebuyers with mortgage financing since 2001. It is wholly owned by 12 Credit Unions and is built on the philosophy of "People Helping People". MFM offers a diverse range of purchase and refinance loan programs tailored to meet borrower needs.

MFM's full suite of mortgage products includes Adjustable Rate Mortgages (ARMs), which can save borrowers money in the short term with a variety of payment options in the future. This is ideal for those who aren't planning on staying in their home long-term. They also offer Conventional Fixed-Rate Mortgages, which provide consistent payments and protection against higher interest rates, making them perfect for those who prefer reliable monthly payments over the life of the loan.

MFM also provides Federal Housing Administration (FHA) loans, which have low down payment requirements and flexible qualifying standards, making homeownership more accessible. For those looking to buy or refinance in eligible rural or suburban areas, MFM offers USDA/RD loans, which make owning a home more affordable. Super Conforming Mortgages are available for borrowers looking to purchase or refinance in high-cost areas.

The VA Loan Program is specifically designed for veterans, spouses, and other service members, offering favourable loan terms and qualification guidelines to help them buy, build, repair, or retain a home. MFM also offers construction-to-permanent financing, streamlining the construction financing process with one approval, one closing, and one set of closing costs.

MFM provides homebuyers with mortgage financing

Member First Mortgage (MFM) is a full-service mortgage lender that has provided homebuyers with mortgage financing since 2001. MFM is wholly owned by Credit Unions and is built on the philosophy of "People Helping People". The company offers a wide range of purchase and refinance loan programs with low down payment options and flexible credit requirements. Their mortgage consultants work closely with borrowers from application to closing to ensure they find the right loan with great rates, favourable terms, and low closing costs.

MFM's experienced staff have expertise in all aspects of mortgage lending, including purchase, refinance, and construction lending. The company strives to provide successful communication, proactive and efficient environments, and continuous support for growth and community betterment. MFM also offers online resources such as calculators to help estimate monthly mortgage payments and provide guidance on financial decisions.

MFM has expanded its services over the years, adding new Credit Union owners and partners, and introducing divisions such as the Western Division serving the southwest and west. In 2018, MFM expanded its retail division by acquiring Platinum Financial Funding, serving the states of Tennessee, Georgia, and Michigan. The company has also implemented advanced technology, such as the Loan Origination System, to streamline the mortgage process and enhance the borrower experience.

MFM's community involvement is demonstrated through initiatives like the MFM Community Committee, founded in 2017, which empowers employees to give back through event planning, volunteering, and fundraising for local charities and causes. The company has also shown resilience during challenging times, such as assisting borrowers financially impacted by COVID-19. With a strong reputation and dedication to providing superior mortgage experiences, MFM continues to be a leading choice for homebuyers seeking mortgage financing.

MFM has partnerships with credit unions

Member First Mortgage (MFM) is a full-service mortgage lender that has been serving the home financing needs of credit union members, individual borrowers, and non-members since 2001. MFM is wholly owned by 12 credit unions and is built on the philosophy of "People Helping People".

MFM has a strong reputation as a leading first mortgage lender, serving the mortgage needs of credit unions and their members. They offer a diverse range of purchase and refinance loan programs that are tailored to meet the unique needs of borrowers. MFM's experienced team has expertise in all aspects of mortgage lending, including purchase, refinance, and construction lending.

One of MFM's key partnerships is with Neighborhood Credit Union. This partnership allows Neighborhood Credit Union to offer its members additional benefits and services by leveraging MFM's expertise and resources as a larger provider of mortgage servicing. Members can access features and options for retrieving information related to their mortgage accounts, scheduling payments, and managing their Bill Pay service.

MFM has also announced a new partnership with Pillar Credit Union, offering a variety of Affiliate, Wholesale, and Correspondent partnership options. These partnerships enable credit unions to customize their mortgage experience and improve their mortgage offerings, ultimately helping them to assist more members and increase their mortgage volume.

Through its partnerships with credit unions, MFM extends its services to a wider network of individuals seeking home financing options. By collaborating with credit unions, MFM aligns with their philosophy of "People Helping People," ensuring that members and borrowers receive the support and guidance they need throughout their mortgage journey.

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