Richmond, VA (June 27, 2017) – Earlier this month, the Carolinas Credit Union League endorsed LenderSelect Mortgage Group as an official business partner. LenderSelect is a full-service mortgage provider committed to empowering community lenders with the necessary tools for growing a profitable mortgage platform. This relationship provides credit unions involved in the league the opportunity to increase profitability and production, increase borrower retention and insulate against compliance risks.
“We look forward to servicing more credit unions in the Carolinas,” said LenderSelect President Tracy Marks. “We are passionate about providing the highest quality, most efficient and compliant solutions to our community lenders.”
As a Fannie Mae, Freddie Mac and Ginnie Mae approved lender, LenderSelect Mortgage Group’s collaborative approach offers community lenders the benefits of directly offering mortgages without additional cost or risk. Customized to individual community lender needs, LenderSelect’s model offers financial institutions maximum return on their investment by increasing borrower retention, production and profitability, while ensuring compliance oversight.
“The League is excited about this partnership with LenderSelect, and the opportunity this new relationship affords to North and South Carolina credit unions,” said Richard Ford, AVP of Business Development for the League. “Through LenderSelect, credit unions are able to offer a wide array of mortgage products without subjecting their balance sheet to the interest rate risk that is normally associated with some mortgage products.”
In addition to the Carolinas, LenderSelect is also affiliated with the Virginia, Tennessee, and Wisconsin Credit Union Leagues and is proud to have a 99.4% borrower satisfaction rate.
For more information, please reach out to LenderSelect Mortgage Group’s local representatives:
VP – Regional Manager – Carolinas