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Irwin Mortgage forms partnerships with two more CUs

INDIANAPOLIS - Irwin Mortgage Corp., formerly Inland Mortgage, has formed partnerships with two North Carolina credit unions - Members Credit Union, Hickory, and Mountain FCU, Waynesville - to provide home financing to the CUs' respective members. As a result of the partnerships, Irwin Mortgage will put a trained Irwin mortgage...

By Staff Writer | Updated on December 04, 2001

INDIANAPOLIS – Irwin Mortgage Corp., formerly Inland Mortgage, has formed partnerships with two North Carolina credit unions – Members Credit Union, Hickory, and Mountain FCU, Waynesville – to provide home financing to the CUs’ respective members. As a result of the partnerships, Irwin Mortgage will put a trained Irwin mortgage professional in each credit union, equipped with a full range of first mortgage programs. Irwin will originate mortgages and service them with a non-solicitation guarantee while giving each credit union the option to own selected mortgages to keep in their portfolios. Members Credit Union has about $122 million in assets and more than 51,000 members. Mountain FCU has $47.5 million in assets and more than 15,000 members.

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