Houston Federal Credit Union is the first Houston-based credit union to partner with CU Realty Services to better serve home-buying members and boost mortgage volume.
SCOTTSDALE, Ariz., July 15, 2019 —Houston Federal Credit Union (HFCU)—one of the largest community-based credit unions in Houston—has partnered with CU Realty Services to implement HomeAdvantage® as a new service offering for its more than 58,800 members. HomeAdvantage is a turnkey real estate marketing platform from CU Realty Services, the largest real estate Credit Union Service Organization (CUSO) in the United States.
Based in Sugar Land, Texas, HFCU is the third credit union in Texas to offer HomeAdvantage but the first in the Houston area. HFCU will utilize the platform to attract home-buying members and nurture them until they are ready to make a move. The program features a co-branded member portal filled with valuable real estate tools for members, including the ability to search property listings, estimate property values and connect to an experienced real estate agent vetted by both CU Realty and HFCU. Members that use one of those agents to buy or sell their home qualify to earn cash back at closing, which averages $1,500 per transaction.
“It’s our mission to ensure that credit union members can achieve their homeownership goals with less out-of-pocket expenses,” says Tina Powers, chief operating officer for CU Realty Services. “So we’re very excited to partner with Houston Federal to execute this mission in one of the fastest-growing real estate markets in the country.”
About CU Realty Services, LLC
CU Realty Services provides real estate services to credit unions across the nation, helping them provide value to members and increase purchase mortgage business. Launched in 2001, the CUSO has worked with more than 100 credit unions and thousands of their members in 25 states. CU Realty’s HomeAdvantage turnkey marketing platform features tools such as a web-based search portal to help home buyers find homes and research neighborhoods, affordability calculators, connections to experienced real estate agents, and the ability to earn Cash Rewards at closing. To learn how credit unions are becoming members’ first point of contact when buying and selling homes, visit www.curealty.com.
About Houston Federal Credit Union
Founded in 1960 as Fluor Mid-Continent Employees Federal Credit Union, today Houston Federal Credit Union (HFCU) has the strength of over $600 million in assets and serves those who live, work, worship or attend schools in certain communities within the Houston metropolitan area. HFCU is headquartered in Sugar Land, Texas and has more than 58,800 members. To find out more about HFCU, visit www.houstonfcu.org.