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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.
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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!
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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
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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.
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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.