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WHO WE ARE
AmeriCU is a division of Towne Mortgage Company, a privately held mortgage banking company providing residential and commercial real estate financing since 1982 through the Federal National Mortgage Association (FNMA), The Federal Home Loan Mortgage Corporation (FHLMC), and the Government National Mortgage Association (GNMA), and other private investors.
AmeriCU was created in 1993 to expand Towne's community-based lending through partnerships with Credit Unions. Since that time, we have pursued the purposes our founders set out for us:
- To supplement credit union lending activities by providing mortgage expertise and identifying areas for expanded member contact.
- To be responsive to member needs and provide a customized, hassle-free loan process.
- To deliver convenient, personalized service to every member throughout the life of the loan.
- To increase credit unions earnings through offering members mortgage services without additional staffing.
AmeriCU conducts its business by offering a range of services from the day application is taken until the day the last payment is made on the loan by the member, in the credit union's name. We work with credit union personnel to make sure members realize a benefit from credit union mortgage services.
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