Alabama Credit Union has executed a service agreement with 7 Mortgage to originate, process, underwrite and close secondary market mortgage loans.  Of the recent partnership, Vice President of Business Development, A.J. Holst said, “This opportunity is extremely exciting for our organization as Alabama Credit Union was seeking a solution to offer mortgages to their members outside of their footprint.  Our ability to originate in AL, FL, GA, KY, MS, TN and VA was a good fit with the added benefit of retained Fannie Mae servicing to create a wall of credit union influence around their members.  We appreciate the trust of the ACU team, President and CEO Steve Swofford, CLO Benson Bolling, Mortgage Lending Manager Sandra Jones and Senior Mortgage Officer Mike Ivey, to allow us to serve their credit union and members.”  Alabama Credit Union has been a partner of 7 Family of CUSOs since 2020 through 7 Insurance.  Special thanks to Alabama CU Services leadership Tommy Cobb and Joe Hardy for your continued business and support.

About 7 Mortgage: a mortgage CUSO subsidiary of 7, LLC and $3.2B Oak Ridge-based ORNL Federal Credit Union. Founded in 2003, 7 Mortgage currently serves 36 credit unions with business fulfillment to a full turn-key remote mortgage department solution.

About Alabama Credit Union: a $1.7B Tuscaloosa-based credit union serving the University of Alabama and almost 140,000 members since 1956.