Loan Programs
USDA/RD (Rural Development)
USDA/RD loans make owning a home more affordable for those looking to buy or refinance in eligible rural and suburban areas.
The USDA Rural Development (RD) program is designed for homebuyers with low-to-moderate income and savings, financing a home in a designated rural area. USDA/RD requires no down payment, allowing the borrower additional funds to pay for closing costs or prepaids in the mortgage. In some cases the seller can pay a portion of the sales price to cover closing costs. The USDA/RD loan can also be used to refinance an existing mortgage to a lower interest rate.*
Our Process
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01
Meet with our sales team:
Discover how partnering with MFM can benefit your Credit Union and your members! Reach out to our sales team to customize your partnership and maximize your income potential. -
02
Find the best partnership for you:
Work with an MFM Account Executive to customize a partnership model that fits your Credit Union’s level of experience and unique needs. -
03
Roll out your new mortgage program:
Work with our team to rollout your new mortgage application, develop new marketing materials and unveil your new mortgage program to members!
Our Team's Experience
200
+
Credit Union Partners
We partner with over 200 Credit Unions across the country, providing an exceptional mortgage experience through our wide range of partnership options.
96
%
Borrower Satisfaction
We are proud to serve thousands of homebuyers each year, and we’re even more proud that borrowers love working with our team!
$1.7B
+
Total Amount Funded in 2020
MFM was able to successfully navigate the challenges of 2020 and serve more borrowers than ever before, funding over $1.7 billion in mortgage loans!
$3.8B
+
Loan Servicing Portfolio
As a full-service mortgage lender, MFM has an experienced in-house Loan Servicing team that currently services a portfolio of more than $3.8 billion!
Discover the MFM Difference
Mortgage Solutions
State-of-the-art Technology
We offer many state-of-the-art digital resources to streamline the mortgage process for your members and your Credit Union.
Excellent Income potential
The ability to set custom rates to achieve desired margins, create custom portfolio products and set a standard compensation rate allows your Credit Union to maximize income potential.
