October 12, 2021
UFCU is Top Austin Mortgage Producer — Again
Austin, TEXAS, October 12, 2021 — For the sixth consecutive year, UFCU topped the Austin Business Journal’s list of Top Mortgage Companies by outpacing all Austin-area mortgage companies in both number and volume of mortgages closed in 2020.
UFCU, Austin’s largest locally-owned financial institution, led local mortgage production with a total of 4,021 Austin-area mortgages closed in 2020. Total Austin mortgage loan volume exceeded $1.33 billion.
UFCU mortgage lenders closed nearly twice as many Austin-area residential mortgages in 2020 as any other lender. UFCU was the only credit union to rank in the Top 5 mortgage companies. In addition, UFCU’s mortgage lending team closed 26% more Austin-area mortgages last year than in 2019.
The 2021 list ranks mortgage companies by the number of 2020 residential mortgages closed for Austin-area properties by the lender’s local team. It also ranks the lenders by total mortgage loan volume. Additionally, the Business Journal tracks dollar volume and loan count for deals in Travis, Williamson, Hays, Bastrop, Caldwell and Burnet counties.
“Our two dozen mortgage loan officers and the mortgage lending team continue to set the bar for delivering mortgage services that exceed Members’ expectations, said Tony C. Budet, UFCU president/CEO. “They are fueled by a passion to help Members achieve the dream of home ownership and to build meaningful lifelong relationships with them through all their stages of life and financial goals.”
As a Member-owned, not-for-profit financial cooperative, UFCU is passionate about changing lives and strengthening communities. With more than 340,000 Members in Central Texas and Galveston County and total assets (under management and serviced*) exceeding $7 billion, UFCU offers a variety of products, services, and education programs to empower Members in achieving financial health.
*Total Assets ($3.836 billion) + Assets Under Management by UFCU Investment Services ($0.617 billion) + Real Estate Loans Sold with Servicing Retained ($3.172 billion)