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Apr 1, 2017
Submitted by: Simplicity Credit Union
Under:
  • Home Loans
In appreciation for their care for an elderly neighbor, our members were offered her home at below market pricing. Strict underwriting guidelines prevented them from getting a conventional loan and there were no options to avoid putting 20% down, which was unachievable. We found a way to offer them the 20% down in combination with another loan they already had at our credit union. It took four months from start to finish but was well worth it!