MemberClose is a for credit unions only business that was launched in 2004 and continues to grow. We currently serve 200 credit unions located in 21 states. MemberClose is designed to deliver credit unions the most efficient end-to-end processing solution … from credit to closing. Simply put, MemberClose saves on the time it takes and the money it cost to process all types of home equity loans.
MemberClose also offers a Loan Guarantee Program (LGP) that allows a credit union to make more loans without additional risk. With MemberClose LGP the credit union can offer 100% LTV home equity loans.
Services provided include:
- Credit Reports
- Automated Valuation Models (AVMs)
- Hybrid Valuation Services
- Flood Determinations
- Legal and Vesting Reports
- Title Insurance
- Income Verifications
- Document Preparation
- Closing Services
- Recording Services
- and more