Florida CUREN’s Post

Interesting data on #creditunions growing CRE portfolios. Key quotes that caught my attention: "Credit unions increased their holdings of commercial loans backed by real estate from March to June at a rate faster than the first quarter and nearly four times faster than the rest of the nation." "The new forecast predicted total lending to rise 26% to $539 billion in 2024, and rise 23% to $665 billion in 2025." Technology is key in processing and managing these loans over their lifecycle. When your #creditunion decides to increase focus on CRE loans, don't underestimate the need for a technology to help mitigate risk and reduce friction in applications and processing. Lenders Cooperative #LOS #CommercialLending

In my latest piece for CUNA Strategic Services, I delve into how credit union leaders can conquer innovation challenges by drawing inspiration from their peers. Check out the full article below to discover how credit unions like Freedom First Credit Union, New York University Federal Credit Union, and Comunidad Latina Federal Credit Union are finding new and improved ways to serve their members! #CreditUnions #Innovation #CommunityImpact #FinanceForAll

Don’t let yourself learn things the hard way. Mort says to embrace the credit union culture and get it right with your members the first time. Check out how Mort has expanded the “People Helping People” credit union formula in his latest post: https://lnkd.in/ggm7Q4ys #HowWeMortgage

With FDIC sales winding down, we anticipate value-focused investors will turn to agency mortgages for potential market outperformance. Learn more in MacKay Shields LLC's Fixed Income Quarterly Outlook: https://bit.ly/3S9hZp3 #FixedIncome #InvestmentInsights #Investing

Check out Debt Service Coverage Ratio (DSCR) loans for real estate investors with Kevin Inwright. Separately, despite the current challenges of today’s real estate market, Kevin had is most successful month ever serving his clients in May of this year. There is a reason, his client rating is 4.99/5! If you are in need of any type of mortgage financing he can help you in any State (except for New York). Check out what he may be able to do for you. He is the real deal…

🏡 Deal Highlight: Turning Rejections into Closed Deals! Arc Home recently partnered with Supreme Lending to close a challenging Non-QM loan that had been rejected by three other lenders. With our flexibility and quick turnaround, we helped the broker secure a new realtor's business and successfully close the deal. ✔️ The Solution: Shifted from no-ratio DSCR to bank statement + rental income. ✔️ Fast Results: Submission to clear-to-close in 23 days. ✔️ Flexibility: Accepted a transferred appraisal, avoiding delays. ✔️ Broker Win: Helped the broker gain new business and close a tough deal. Here’s what Justin Lees from Supreme Lending had to say: “This deal had a few twists and turns, but it was gratifying to navigate them with you and close the deal! Now that we’ve been ‘Arc’ed,’ you guys are my go-to for all Non-QM deals.” If you’re looking for a lending partner that delivers when others can’t, contact me today to learn how we can help you close more deals. #ArcHome #NonQM #DSCR #LendingSolutions #ClientSuccess #RealEstate #MortgageIndustry

🏡 Deal Highlight: Turning Rejections into Closed Deals! Arc Home recently partnered with Supreme Lending to close a challenging Non-QM loan that had been rejected by three other lenders. With our flexibility and quick turnaround, we helped the broker secure a new realtor's business and successfully close the deal. ✔️ The Solution: Shifted from no-ratio DSCR to bank statement + rental income. ✔️ Fast Results: Submission to clear-to-close in 23 days. ✔️ Flexibility: Accepted a transferred appraisal, avoiding delays. ✔️ Broker Win: Helped the broker gain new business and close a tough deal. Here’s what Justin Lees from Supreme Lending had to say: “This deal had a few twists and turns, but it was gratifying to navigate them with you and close the deal! Now that we’ve been ‘Arc’ed,’ you guys are my go-to for all Non-QM deals.” If you’re looking for a lending partner that delivers when others can’t, contact me today to learn how we can help you close more deals. #ArcHome #NonQM #DSCR #LendingSolutions #ClientSuccess #RealEstate #MortgageIndustry

🏡 Deal Highlight: Turning Rejections into Closed Deals! Arc Home recently partnered with Supreme Lending to close a challenging Non-QM loan that had been rejected by three other lenders. With our flexibility and quick turnaround, we helped the broker secure a new realtor's business and successfully close the deal. ✔️ The Solution: Shifted from no-ratio DSCR to bank statement + rental income. ✔️ Fast Results: Submission to clear-to-close in 23 days. ✔️ Flexibility: Accepted a transferred appraisal, avoiding delays. ✔️ Broker Win: Helped the broker gain new business and close a tough deal. Here’s what Justin Lees from Supreme Lending had to say: “This deal had a few twists and turns, but it was gratifying to navigate them with you and close the deal! Now that we’ve been ‘Arc’ed,’ you guys are my go-to for all Non-QM deals.” If you’re looking for a lending partner that delivers when others can’t, contact me today to learn how we can help you close more deals. #ArcHome #NonQM #DSCR #LendingSolutions #ClientSuccess #RealEstate #MortgageIndustry

🏡 Deal Highlight: Turning Rejections into Closed Deals! Arc Home recently partnered with Supreme Lending to close a challenging Non-QM loan that had been rejected by three other lenders. With our flexibility and quick turnaround, we helped the broker secure a new realtor's business and successfully close the deal. ✔️ The Solution: Shifted from no-ratio DSCR to bank statement + rental income. ✔️ Fast Results: Submission to clear-to-close in 23 days. ✔️ Flexibility: Accepted a transferred appraisal, avoiding delays. ✔️ Broker Win: Helped the broker gain new business and close a tough deal. Here’s what Justin Lees from Supreme Lending had to say: “This deal had a few twists and turns, but it was gratifying to navigate them with you and close the deal! Now that we’ve been ‘Arc’ed,’ you guys are my go-to for all Non-QM deals.” If you’re looking for a lending partner that delivers when others can’t, contact me today to learn how we can help you close more deals. #ArcHome #NonQM #DSCR #LendingSolutions #ClientSuccess #RealEstate #MortgageIndustry

🏡 Deal Highlight: Turning Rejections into Closed Deals! Arc Home recently partnered with Supreme Lending to close a challenging Non-QM loan that had been rejected by three other lenders. With our flexibility and quick turnaround, we helped the broker secure a new realtor's business and successfully close the deal. ✔️ The Solution: Shifted from no-ratio DSCR to bank statement + rental income. ✔️ Fast Results: Submission to clear-to-close in 23 days. ✔️ Flexibility: Accepted a transferred appraisal, avoiding delays. ✔️ Broker Win: Helped the broker gain new business and close a tough deal. Here’s what Justin Lees from Supreme Lending had to say: “This deal had a few twists and turns, but it was gratifying to navigate them with you and close the deal! Now that we’ve been ‘Arc’ed,’ you guys are my go-to for all Non-QM deals.” If you’re looking for a lending partner that delivers when others can’t, contact me today to learn how we can help you close more deals. #ArcHome #NonQM #DSCR #LendingSolutions #ClientSuccess #RealEstate #MortgageIndustry