NAFCU + Fannie Mae = A great support system for you!
There’s strength in partnership.Through our longstanding relationship with Fannie Mae, NAFCU has helped member credit unions expand the appeal of their mortgage product offerings and services to improve the borrowing process for home buyers. As both a member of NAFCU and a Fannie Mae-approved seller/servicer, you gain access to a wide range of mortgage products, time-saving technology tools, support services, and training resources to help you serve your members in today’s challenging market.
Benefits of the Alliance
Strengthen your position as the leading mortgage provider in your community with these benefits:
- Competitive execution on standard fixed-rate loans sold to Fannie Mae;
- Reduced licensing and loan submission fees on Fannie Mae’s state-of-the-art automated underwriting technology, Desktop Underwriter®;
- Discounted registration fees on Fannie Mae's Housing Finance InstituteTM, which offers training courses in secondary marketing, underwriting, servicing, and investor accounting;
- Newsletters and announcements.
Your Path to Approval
If you are not currently an approved Fannie Mae seller and/or servicer, try Fannie Mae’s new, easy-to-use, self-assessment tutorial and Path to Approval Toolkit, designed to help your organization navigate the Fannie Mae single-family mortgage seller/servicer approval process. Review these tools prior to beginning the application process and get detailed information about Fannie Mae’s requirements, easy-to-use checklists, and an approval process flow chart. Complete the tutorial to gauge your readiness. If you answer “Yes” to all of the questions, we encourage you to review the Path to Approval Toolkit to determine your eligibility and access the online application. You can access the self-assessment tutorial and Path to Approval Toolkit on Fannie Mae's home page at www.efanniemae.com under Sell Loans Directly to Fannie Mae, How to Apply Online.
Learn More
To learn more about the NAFCU and Fannie Mae relationship, contact Tammy Trefny at (312) 368-6218 or tammy_j_trefny@fanniemae.com. You can also visit www.efanniemae.com/sf and select National Association of Federal Credit Unions under Initiatives & Partnerships. For questions about the lender approval process, e-mail our Lender Approval Team at lender_approval@fanniemae.com or call our Lender Support Hotline at 1-888-FANNIE8 (1-888-326-6438) option 5.
Not a NAFCU Member yet?
There are many benefits to NAFCU membership, including access to mortgage products and time-saving technology as part of the NAFCU/Fannie Mae Alliance. Experience the NAFCU difference firsthand. Try our no obligation trial membership free for 6 months! Click here to download our short application and to learn more, or contact NAFCU’s Director of Membership Chris Anne Sanyer at 703-842-2209 or csanyer@nafcu.org.