Neighborhood Mortgage Solutions

Neighborhood Mortgage Solutions

F.H.A. and almost any other Mortgage

available on the secondary market

A Credit Union Service Organization (CUSO) providing Mortgage services to fellow Credit Unions, headed by a 30+ year veteran in the financial services industry.

Trusted Solutions, Credit Union Values

Mission Statement

Our mission is to enhance the mortgage product offerings for all Credit Unions, be it owners or affiliates, by way of the diverse mortgage products offered and by keeping each Credit Union's mortgage origination and servicing income in the communities they serve.

Neighborhood Mortgage Solutions (NMS) is a Credit Union owned Credit Union Service Organization (CUSO) providing Mortgage services to fellow Credit Unions. NMS provides the expertise needed to work with Fannie Mae and government sponsored loan programs. NMS, together with Prime Alliance (processing system), offer the convenience required to be an option in the Mortgage business, resulting in a seamless mortgage offering to your members.

What's in the Name?

This mortgage CUSO is named Neighborhood Mortgage Solutions because the main objective is to keep more of your members’ dollars in the communities and neighborhoods your credit union serves. NMS’ servicing partnership option enables the cash flow from servicing to flow back to the credit unions from which they were originated.

Neighborhood Mortgage Solutions has established relationships with federal agencies and can help your credit union offer mortgage products that include 30-year loans with as little as no money down. On all purchases, Neighborhood Mortgage Solutions allows the seller to contribute closing costs and escrow deposits for the buyer.

Neighborhood Mortgage Solution’s mortgage product offerings include Fixed, FHA, and Rural Development.

Other features include:

  • In many cases, all mortgage functions, including servicing, will be kept in the credit union with the exception of FHA loans, meaning members can make their payments at the credit union or online.
  • Web applications.
  • Realtor use of website Mortgage Qualification Calculators.
  • Lower up-front closing costs in keeping with the member-friendly approach of credit unions.

The key factor to remember is that your member will be dealing with your credit union and the Neighborhood Mortgage Solutions personnel from the application process through the loan payoff.

Mortgage Training Links

Mortgage-U.com Product Training
mortgage-u.com
Servicing Quality Control
wetzeltrott.com
Rural Development for Income & Property Eligibility
eligibility.sc.egov.usda.gov
Fannie Mae LLPA Matrix
efanniemae.com [PDF]
Servicing Quality Control
synergypartners.com


Prime Alliance Login

mortgages.lendervp.com


Member Documents

NMS Contact List NMS FAQ's NMS User Guide

Thank you so much for the accolades, a big thank you goes out to you and your team as well. NMS has so many layers of QC review prior to closing that has helped us out tremendously. Thanks again, NMS really helps us to shine for our members as well as the auditors.

Barbara Zendzion, CorePlus Federal Credit Union

We have all been very happy with our partnership. We have tried numerous different mortgage companies, many of which lots of Credit Unions use, but have never had the service we expect.

Dave Van Strien, Greater Niles Community Federal Credit Union

Our partnership with NMS has been very rewarding; in just 16 months we have assisted our members secure $10M in FNMA loans. The peace of mind knowing our members are receiving great service is priceless.

Laurie Aultman, San Antonio Citizens Federal Credit Union

What Growing Companies Do Differently

I am blessed to meet a lot of great people in my travels and this past Monday was proof of this once again. With it being an in-service day to observe Columbus Day, many organizations over the years have brought me into crank up the staff and reward them with an engaging day of learning and fun.

I was honored to get in front of a growing team of mortgage pros who work exclusively with credit unions in 10-states. Doing my homework on them and hearing from their CEO about their rapid growth and expansion was not only exciting, but inspiring. As we kicked off the morning session I can tell you that it was immediately apparent to me why this group of 23 sharp and happy folks were exceeding expectations and growing their business at such a rapid rate.

As Tony Robbins says, “Success leaves clues.” I’d like to share with a quick checklist of things I noted as to why I believe this company is crushing it and growing rapidly when many of their competitors are struggling:

• Open communication was not only encouraged but is ingrained in the culture
• The leadership and CEO valued everyone’s ideas and opinions
• Everyone on the staff was allowed to make decisions without being treated like kids
• The mantra of life-long learning is a non-negotiable and expected by everyone
• Goal-setting is part of each employees performance review – this is rare and amazing
• Customer service is a major priority and not accidental
• Each team member was allowed input on creating the core values of the organization by which they would be governed and led by
• A fun, open and supportive work environment is followed and encouraged

Take a look at the list and ask if your organization does one, two or most of the things listed above. I bet you’ll be shocked at how much room is there for improvement to help you grow not just your profits, but one of the most often overlooked things: your people!

“Thanks again to the fine folks at Neighborhood Mortgage Solutions!”


Dear Greg, I want to thank you for the October 9, 2013 email with instructions on how to access the Users Guide the NMS site. It provides step by step instructions on everything from setting up the program to inputting applications, and what to do once the loan has closed.

I will refer back to this resource often as it is comprehensive and even includes “screen shots” of both the NMS system and CUAnswers. A great tool for all areas that are involved in NMS loans, not just the loan officers.

Well done, you just made my job easier which allows me to better serve my members.

Sincerely,
Patrice McDowell



Coming Soon!
     
     
     

Founding Members

Vickie Schmitzer, CEO Frankenmuth Credit Union (989) 497-1633 vschmitz@frankenmuthcu.org www.frankenmuthcu.org
Gerald Hutto, President & CEO Team One Credit Union (989) 754.6575 ghutto@teamonecu.org www.teamonecu.org
Donald J. Mills, President & CEO Alpena Alcona Area Credit Union (989) 354-1523 dmills@aaacu.com www.aaacu.com

Neighborhood Mortgage Solutions Team

For more information or to set up a consultation, please contact us.

Greg Wischmeyer CEO (989) 497-1651 ext. 589 gwischmeyer@gonms.org
Glenda Russo Processor (989) 497-1651 ext. 627 grusso@gonms.org
Jamie York Office Manager (989) 497-1651 ext. 596 jyork@gonms.org
Kristy Rahn Underwriting Manager (989) 497-1651 ext. 655 krahn@gonms.org
Brian James Corporate Sales/Member Development Officer(989) 860-2372bjames@gonms.org
Melody Capsel Servicing Manager and Audit/Compliance Officer (989) 497-1651 ext. 651 mcapsel@gonms.org
Leigh Lawe Processing/Closing Team Leader (989) 497-1651 ext. 625 llawe@gonms.org
Kelly Potter Servicing Team Leader (989) 497-1651 ext. 622 kpotter@gonms.org
Leeann Powell Controller (989) 497-1651 ext. 567 lpowell@gonms.org
Jennifer Cooper Servicing Agent (989) 497-1651 ext. 654 jcooper@gonms.org
Carolyn Land Secondary Market Coordinator (989) 497-1651 ext. 688 cland@gonms.org
Debbie VanWormer Underwriter (989) 497-1651 ext. 686 dvanwormer@gonms.org
Lisa Nedo Underwriter (989) 497-1651 ext. 621 lnedo@gonms.org
Cathy Nihranz Jr. Underwriter (989) 497-1651 ext. 687 cnihranz@gonms.org
Jean Denton Underwriter (989) 497-1651 jdenton@gonms.org
Robert Croci Collections/Loss Mitigation Agent (989) 467-1651 ext. 685 rcroci@gonms.org
Terri Ahrens Underwriting Clerk (989) 497-1651 ext. 624 tahrens@gonms.org
Troy Trudo Processor (989) 497-1651 ext. 626 ttrudo@gonms.org

© 2008-2013 Neighborhood Mortgage Solutions

NMLS #: 191693

Privacy Statement · NMLS Consumer Access

544 N Main St · Frankenmuth, MI 48734
Phone: (989) 497-1651 · Fax: (989) 652-8680

We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.