MemberClose provides a bundled settlement solution for all of your mortgage and equity loans through our secure website. There are already more than 100 credit unions that rely on MemberClose to save them both the time it takes and the money it costs to process these loans.
 
By logging onto the MemberClose website, the user can quickly and easily upload the necessary loan and member information into the “File Info” tab. Once that process is complete, it’s a simple matter of “point & click”. On a loan-by-loan basis, the user decides what services it needs to complete the loan processing.

Services available through MemberClose include:

Credit Reports through the 3 major credit repositories
Automated Valuation Models (AVMs) through 7 providers
Full Appraisal options through multiple providers
Alternative title products
Full ALTA title insurance
Property Reports
Legal & Vesting Reports
Flood determinations through 4 providers
Document preparation service with compliance guarantee
Closing and recording capabilities
Nationwide closing and recording capabilities
Suite of 1st mortgage closing services
NEW - - Front-end 1003 mortgage application with DU capabilities

You can experience the power of MemberClose without leaving your office with our “web tour”. To arrange for a demonstration, please contact Bob Delaney (rdelaney@cucenter.org) or Bill Smith (bsmith@cucenter.org) at 1-888-746-2476.

Listen to what some of our current users have to say about MemberClose:
“We love the MemberClose program. It has enabled us to provide the same high level of service to our members regardless of where they live.” Cheryl Dunaj, VP Lending, Ledge Light Federal Credit Union, Groton CT

“By using MemberClose we have dramatically decreased our turnaround time and our processing cost for all of our equity loans.” Alice Stevens, VP Lending, First Financial Federal Credit Union, Wall, NJ

“MemberClose allows us to better compete in the ultra competitive home equity market. We can now process these loans in minutes, instead of days…or even weeks.” Mike Lynch, VP Lending, Westerly Community Credit Union, Westerly, RI

“We were looking for a system that was easy to use and saved us time and money. MemberClose does all of that and more!” Mary Lynn Tylenda, CEO, BlueChip Federal Credit Union, Harrisburg, PA

"Along with helping us save money on our equity loans, MemberClose provides us the added benefit of being able to more efficiently process and close our out-of-state 1st mortgage and equity loans.” Jeff Dunn, VP Lending, Central One Federal Credit Union, Shrewsbury, MA

“MemberClose provides our credit union with a fast and easy way to expedite the appraisal and lien process. The end result is that we can close loans much faster and with less expense. That benefits both the member and the credit union.” Claire Castanino, Executive Vice President, Bellwether Community Credit Union, Manchester, NH