NAPERVILLE, Ill. –Envisant, a subsidiary of the Illinois Credit Union League, said it has entered into a new partnership with Member First Mortgage (MFM) that enables credit unions to “strengthen member relationships and drive long-term growth through” access to a comprehensive mortgage program.
Envisant said the collaboration provides credit unions with a competitive home financing solution without increasing staffing or taking on additional balance-sheet risk.
“Through flexible partnership models, credit unions can align mortgage offerings with their strategic goals while generating new non-interest revenue and improving member retention,” Envisant said.
The offering is being delivered through Member First Mortgage (MFM), a mortgage CUSO wholly owned by credit unions, that since 2001 has supported credit unions in providing reliable, member-focused mortgage financing, Envisant said.
What’s Included
“The program includes credit-union-branded technology and a secure partner portal that keeps the credit union at the center of the member experience—helping to streamline operations and support compliance confidence,” according to Envisant “Through MFM, credit unions can offer a full suite of mortgage solutions, including low-down-payment programs and construction-to-permanent financing, enabling them to serve members across every stage of homeownership with a seamless, digital-first experience.”
Reflection of Value
“This partnership reflects what credit unions value most—integrity, expertise, and service to members,” Envisant President/CEO Libby Calderone said in a statement. “By working with a credit union–owned partner like Member First Mortgage, we’re delivering a mortgage solution that is ethical, transparent, and designed to help credit unions grow while keeping members first.”
Added Jerry Reed, CEO of Member First Mortgage, in a statement, “We’re thrilled to partner with Envisant to deliver a mortgage program that truly meets the needs of credit union members. Together, we’re making homeownership more attainable and demonstrating the credit union difference in action.”
Credit unions interested in more information are urged to contact Bindiya Patel at [email protected].
