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Credit unions are stepping up their mortgage lending and held almost $300 billion in first mortgages as of March 31, according to NCUA and a recent article in Origination News.

"The numbers don't lie," NAFCU Chief Economist and Director of Research Curt Long said. "More borrowers are seeing the credit union advantage in terms of superior rates and service."

The article noted that credit unions made more than 8 percent of all mortgages last year, according to data from Callahan and Associates.

As examples of the growth of mortgages at credit unions, the article cited NAFCU members Pentagon Federal Credit Union and Navy Federal Credit Union. It noted that Pentagon FCU reported originating $1.7 billion in first and second mortgages during the first five months of 2015 and Navy FCU has made more than $1 billion in mortgages in March alone.