NEWPORT, R.I.– Embrace Home Loans said it has been selected by Orlando-based McCoy Federal Credit Union to provide the company’s Affinity Mortgage Solution to its 58,000 members.
According to Embrace Home Loans, Affinity is a simple and risk-free lending program that offers FHA, VA and USDA residential mortgages.
“As a private label, outsourced program, Affinity removes all regulatory oversight from McCoy FCU while managing the credit union’s brand and cross-sell opportunities,” the company said. “Additionally, Affinity supports Embrace’s customer-centric approach to lending, allowing McCoy FCU to remain a community and business-minded institution.”
Embrace Home Loans said its unique system for processing and underwriting, expediting document collection and setting a 24-hour turnaround for underwriting, as well as programs like Approved to Move, which enables borrowers to close in seven days, along with its human sigma customer engagement approach, ensures a 98% customer satisfaction rating based on customer surveys.