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CU Members Mortgage Surpasses $150k in Rebates to CU Members with Home Realty Program
Friday, March 28, 2014 6:55 AM

Credit union mortgage services provider CU Members Mortgage celebrates the two-year anniversary of its free real estate resource program, CU Home Advantage, surpassing $150,000 in real estate commission rebates to credit union members.

The popular program has provided credit union and their members nationwide with successful returns, including:

  • Total payout since March 2012 launch:  $156,500 in realtor commission rebates
  • 142 sales since inception
  • Average home sales price $186,461
  • Average rebate to member $1,078.86

CU Home Advantage is a free real estate resource program wherein credit union members nationwide are connected with a member advocate who assists them with the purchase and/or sale of their home.  Members can receive a 20 percent rebate on their real estate agent’s fees in participating states.

Member advocates ensure satisfaction throughout the purchase and/or sale of members’ homes and then are referred back to the credit union for the home loan transaction.  Rebates are offered in all 50 states. Some state laws, however, prohibit real estate rebates in whole or by part.

“We are very pleased with the results members have experienced -- and will continue to experience -- from CU Home Advantage for many years to come,” says CU Members Mortgage Senior Vice President Linda Clampitt. “CU Home Advantage is distinct advantage that our credit union partners can offer as a complement to their mortgage program, and motivates their members to use their credit unions for home loans, especially as the spring buying season gears up.  It’s one more way our credit union partners are positioned as top-tier competitors for mortgage lending nationwide.”

CU Members Mortgage is a business partner of Credit Union Resources.