About CU Mortgage Division

We know that each of our customers has specific needs so we strive to meet those specific needs with quality service and individual attention. We pride ourselves in giving you the mortgage information, loan options and convenient assistance you’re looking for. It is our goal to give you the same level of customer service you have come to enjoy from your favorite local credit union.

At CU Mortgage Division, our priority is to ensure that every detail of your loan process is managed in a timely and ethical manner. As a branch of Network Funding LP they fund all of our mortgage loans making us a Direct Mortgage Lender. This gives us the power to provide the lending options that are most appropriate for our customers and in-house as well as timely underwriting decisions. We have the resources to fulfill all your home financing needs and the flexibility to meet the demands of an ever-changing market.

What makes CU Mortgage Division different from everyone else? Well for one thing we are in total control of the loan process from start to finish; this means fast turn times, timely loan approvals and most closings in less than two weeks. We offer lender fees from $300 to $700 less than our competitors. And unlike big banks who offer mortgages as a small part of their business plan, mortgage lending is our only business-period.

Consider the gigantic mega bank for a moment. Your loan may be shipped far away to a processing center in another state where the final decision will be made by a total stranger.

For you this means red tape and precious time. A mega bank’s lack of personal service means you will not benefit from comparing your individual needs with the wide selection of products and competitive rates that are available throughout the marketplace.

As we said, we’re different. We have teamed up with Network Funding LP & O Bee Credit Union to offer you the finest mortgage products available. CU Mortgage Division was started with a mission to originate, underwrite and close quality mortgage loans. By offering local service and professionalism that is second to none our company has closed millions of dollars in mortgages for your neighbors and many members of O Bee Credit Union.

We are a full-service direct mortgage lender, serving the needs of home buyers throughout the Pacific Northwest. Our approach to lending is very much localized with our office being staffed by local people who know and understand the local market, and are committed to providing their neighbors with competitive rates and concerned, professional, personalized service.

At CU Mortgage Division we care about the communities we serve and we share many advantages. One is a solid reputation for integrity, which we have earned by honoring our commitments with our many satisfied customers and O Bee Credit Union members. Another is an understanding that we are not in the banking business - we are in the people business. We never forget that our customers make our success possible - and our customers are people. At our office you’ll find that understanding expressed in a friendly smile, a genuine welcome, and a commitment to finding a mortgage solution that works for you. We take the time to get to know you, to understand your wants and needs and then work quickly to find the ideal mortgage loan for your individual situation.

You can apply Online 24 hours a day. If you prefer you can also apply by appointment at any O Bee Credit Union location or apply by calling (360) 539-4687. At CU Mortgage Division you’ll find a dedicated mortgage professional who will seek the best mortgage for you. This is what you have come to expect at your favorite credit union. And it’s what you will receive from a mortgage lender who has an office in your neighborhood, too.

Daily Mortgage Market Updates :
 
Case-Shiller Shows Home Price Improvement In 95% Of Cities
7/28/2010 7:46 AM
Standard & Poors released its Case-Shiller Index Tuesday. On a seasonally-adjusted basis, between April and May 2010, home prices rose in 19 of Case-Shiller's 20 tracked markets. It's the second straight month of strong Case-Shiller findings...Read More
 
New Homes Sales Gain in June, But Gains Are Relative
7/27/2010 7:45 AM
June's New Home Sales data is a major improvement over May, but gains are relative. It's possible that the true "new home market" may be softer than the statistics suggest...Read More
 
What’s Ahead For Mortgage Rates This Week : July 26, 2010
7/26/2010 7:46 AM
Mortgage rates rose last week, but only slightly. Rate are still hovering near their lowest levels of all-time...Read More
 
Existing Home Sales Drop In June But Hint At Higher Price Tier Support
7/23/2010 7:45 AM
Consistent with most post-home buyer tax credit housing news, Existing Home Sales eased lower last month. The 5 percent drop in sales was expected, but a closer look at the month's data reveals some interesting trends...Read More
 
Housing Starts Ease 0.7 Percent In June — 7x Better Than The Headline Data
7/21/2010 7:45 AM
Single-family Housing Starts eased lower last month, falling by 0.7 percent from May, or 3,000 units nationwide...Read More
 
Sagging Homebuilder Confidence Opens The Door For Good Deals
7/20/2010 7:46 AM
Remember, it wasn't too long ago that most builders were flush with home inventory, unable to find willing buyers. To help move product at that time, builders dropped prices and offered incentives including free upgrades. If confidence continues to sag going forward, home purchase deals of that nature may return -- especially as the foreclosure mar...Read More
 
What’s Ahead For Mortgage Rates This Week : July 19, 2010
7/19/2010 7:46 AM
Mortgage rates are artificially right now so even the slightest jolt could cause them to spike. It would be similar to what happened in June 2009 when rates rose 1.125% in just 10 days' time. Therefore, if you're shopping for a mortgage and like the rate you've been quoted, consider locking in as soon as possible...Read More
 
Mortgage Market News for the week ending July 16, 2010
7/16/2010 9:52 PM
      Slow Growth, Low Rates Weaker than expected economic data and continued low inflation helped mortgage rates move a little lower from last week. In recent weeks, investors have modified their consensus outlook to reflect weaker economic growth during the second half of the year. The manufacturing and retail sales data re...Read More
 
The Fed’s June Minutes Keep Mortgage Rates In Rally-Mode
7/16/2010 7:46 AM
At 7,333 words, the June Fed Minutes is the unabridged version of the more well-known, post-meeting press release. The corresponding press release was just 360 words. It turns out, the Fed's words are doing wonders for mortgage rates...Read More
 
Foreclosure Activity Slows Again In June 2010
7/15/2010 7:46 AM
June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon...Read More




 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

CU Mortgage Division - Located at O Bee Credit Union
8665 Martin Way E, Lacey, WA 98516

E-Mail: wm(at)cumortgagedivision.com
Ph: (360) 539-4687
Fax: (253) 320-7539

Mailing Address: PO Box 489, Tenino, WA 98589-0489

 

 

CU Mortgage Division proudly serves all Residents of Washington State. CU Mortgage Division is a branch of Network Funding L.P. (NMLS# # 2297 ) a Direct Mortgage Lender. This branch of Network Funding is licensed by the Washington State Department of Financial Institutions, Consumer Loan License #520-CL-26248-425529 / NMLS # 65808

Copyright © 2010 CU Mortgage Division a Branch of Network Funding L.P.