American Heritage launches My CU Home Connection™ program
All-in-one bundled service program offers cash rewards, discounts, and benefits for buying or selling a home
PHILADELPHIA, PA (January 30, 2024) — American Heritage Credit Union (“American Heritage”) and its mortgage company (First Heritage Mortgage Services) have partnered with First Heritage Realty Alliance and Member Settlement Solutions LLC. to launch the My CU Home Connection™ Program. This program provides an all-in-one bundled service to help members search, buy, sell, and save on their next home! Homebuyers can earn realty cash rewards, hundreds in mortgage lender credits, and have ancillary title fees waived. And, sellers can save thousands in real estate fees through the program.
These keys services of the program are available to residents of Pennsylvania, New Jersey, Delaware, and Maryland. To qualify for cash rewards and discounts, applicants must register for the My CU Home Connection program.
Additional benefits of the program include First Heritage Realty Alliance’s market tools, access to a team of local, experienced real estate agents, and gift cards to The Home Depot® for members utilizing the program’s mortgage services.
How It Works:
| Buyers:
For illustration purposes, if you were to purchase a home at $350,000 in the state of Pennsylvania with a 2.5% commission rate, your benefits may look like this:
FIRST HERITAGE REALTY
$1750 Cash Reward: Receive 20% cash reward from commission paid to First Heritage Realty.
AMERICAN HERITAGE MORTGAGE
- $500 Lender Credit
- $250 The Home Depot® Gift Card
MEMBER SETTLEMENT SOLUTIONS TITLE
$192 non-title fees waived: EDoc, Notary, Courier and Wire fees.
$2,692 TOTAL BUYER BENEFITS |
Sellers:
For illustration purposes, if you were to sell a home at $350,000, your benefits may look like this:
$21,000: 6% Typical Seller’s Side Commission Rate
$15,750: 4.5% First Heritage Realty Discount Rate
$5,250 TOTAL SELLER SAVINGS |
“In response to the continuous ebb and flow of the housing market, American Heritage has teamed up with reliable and trusted partners to create an innovative and market-changing approach to buying and selling real estate,” stated Bruce K. Foulke, President & CEO of American Heritage. “In recent years, American Heritage has prioritized our members’ desires for first-time homeownership through exclusive programs, financial education, and member benefits. This year, we wanted to extend those benefits and offerings to all homeowners and provide access to experienced real estate agents to make these processes simple and more affordable.”
Register for My CU Home Connection to become eligible for all programs benefits at no cost or obligations by visiting www.MyCUHomeConnection.com/Registration.
About American Heritage Credit Union
American Heritage Credit Union is a member-owned financial cooperative with more than $4.8 billion in assets serving more than 800 Workplace Partners and more than 310,000 members, with more than 35 locations across Philadelphia, Bucks, Montgomery, Delaware, and Camden Counties. Founded in 1948, American Heritage Credit Union is now one of the top 75 largest credit unions in the United States and named a Best-in-State Credit Union by Forbes. For more information about American Heritage Credit Union please visit AmericanHeritageCU.org.
