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CU Realty Services continues California expansion with three new Credit Union Partners

Christian Community Credit Union, Sacramento Credit Union and Technology Credit Union are boosting their purchase mortgage volumes with HomeAdvantage.

SCOTTSDALE, AZ (November 17, 2017) — In the Golden State—where real estate prices and closing fees prevent many from buying a home—three credit unions are using HomeAdvantage® to boost mortgage volumes and make homeownership more affordable. HomeAdvantage is a turnkey real estate program from CU Realty Services, the largest real estate CUSO in the U.S.
Including these three new credit unions, HomeAdvantage is now being used by 23 California-based credit union partners that service more than 2.8 million members:

• Christian Community Credit Union (San Dimas)—31,400 members, $637 million in assets
• Sacramento Credit Union—(Sacramento) 25,400 members, $456 million in assets
• Technology Credit Union—(San Jose) 91,500 members, $2.4 billion in assets

HomeAdvantage provides members with online access to the real estate tools and support they need to buy and sell their homes: online property listings, recent sales data, neighborhood demographics, a network of reputable real estate agents and more. By offering these features, credit unions are empowered to reach, identify and engage more home-buying members much earlier in their real estate journey.

The program also provides savings to members at closing through HomeAdvantage Cash Rewards. When members use a real estate agent in the HomeAdvantage network, they qualify to earn a cash-back benefit equal to 20 percent of the agent’s commission. In 2016, HomeAdvantage gave back almost $5.5 million in Cash Rewards to members nationwide. In California, cash-back benefits average $3,000 in savings per transaction.

“Company growth is always exciting,” said Tina Powers, chief operating officer at CU Realty Services. “Seeing HomeAdvantage expanding into such a large state brings opportunities to help CU Realty’s credit union partners provide excellent real estate and mortgage services to many, many more members.”


About HomeAdvantage

HomeAdvantage, formerly CU Realty Services, provides real estate services that helps credit unions increase their purchase mortgage business while saving their mHomeAdvantage provides real estate services that helps lenders build their purchase mortgage business while saving their borrowers money when they close on a home. The company’s end-to-end real estate program is currently used by more than 125 credit unions and mortgage CUSOs across the country. Borrowers can use the program to search for homes, research neighborhoods and property values, connect with one of over 850 real estate agents in the network and save money when they close on a home. When lenders offer the program, they can attract and nurture more home-buying members, resulting in more purchase mortgage loans (with an average of an 80% pull through rate) and giveback to borrowers in the form of Cash Rewards.embers money when they close on a home. The company’s end-to-end real estate program is currently used by more than 125 credit unions and mortgage CUSOs across the country. Credit union members can use the program to search for homes, research neighborhoods and property values, connect with one of over 850 real estate agents in the network and save money when they close on a home. When credit unions offer the program, they can attract and nurture more home-buying members, resulting in more purchase mortgage loans and giveback to members. Visit www.homeadvantage.com to learn more.

Contacts

Rachel Brown

rbrown@synergy-pr.com

314-266-7035

 

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