Great Ideas from Credit Unions Like Yours: A Home for the Brave
Ron Daly brings you another edition of "Great Ideas from Credit Unions Like Yours", highlighting great ideas and innovations in the Credit Union industry.
Sgt. Joshua Brett and his wife were having trouble getting their mortgage. The Massachusetts couple wanted a home of their own, having dealt with Joshua's distance after three tours in Iraq and the shaky housing market. With few options, they turned to a new program developed by MassHousing. The program, called A Home for the Brave, was designed to help men and women of the Armed Services find affordable housing. The mortgage requires no downpayment, has payment protection and features closing-cost assistance for eligible veterans. The loan was initiated by First Citizens' Federal Credit Union and was backed by more than fifty institutions eager to give recognition to the brave service of a Veteran.
Has your Credit Union given to the community in a special way? Is there a program you'd like us to feature? Send us a message in our comments section.
Sgt. Joshua Brett and his wife were having trouble getting their mortgage. The Massachusetts couple wanted a home of their own, having dealt with Joshua's distance after three tours in Iraq and the shaky housing market. With few options, they turned to a new program developed by MassHousing. The program, called A Home for the Brave, was designed to help men and women of the Armed Services find affordable housing. The mortgage requires no downpayment, has payment protection and features closing-cost assistance for eligible veterans. The loan was initiated by First Citizens' Federal Credit Union and was backed by more than fifty institutions eager to give recognition to the brave service of a Veteran.
Has your Credit Union given to the community in a special way? Is there a program you'd like us to feature? Send us a message in our comments section.
Labels: Credit Union News, Great Ideas from CUs Like Yours, Special Reports
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