Columbia Credit Union and Security One Lending Sign Agreement to Offer Reverse Mortgages

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Security One Lending, a National Mortgage Lender, announces a new marketing agreement with Columbia Credit Union to offer their members reverse mortgages. Columbia Credit Union is a top tier credit union based in Vancouver, Washington.

Security One Lending, a National Mortgage Lender, announces a new marketing agreement with Columbia Credit Union to offer their members reverse mortgages. Columbia Credit Union is a top tier credit union based in Vancouver, Washington.

“The agreement with Columbia Credit Union offers a tremendous opportunity to expand Security One’s reach to the senior demographic,” said Security One Lending President Torrey Larsen. “Our program provides a non-competitive solution for forward thinking financial institutions, like Columbia Credit Union, to leverage our knowledge and proven systems while protecting their members.”

“This agreement is the perfect complement to Columbia’s wide variety of mortgage programs,” said Columbia Credit Union SVP/Chief Lending Officer Bill Fulk. “We were extremely diligent in our partnership selection process, and we’re pleased to refer our senior members to a company that will provide them with the education, care and service they need to make informed decisions on reverse mortgages.”

Columbia Credit Union consistently ranks as a top local mortgage provider and was voted Clark County, Washington’s “Best Financial Institution” in 2009, 2010 and 2011. Columbia’s motto is “Making Life Better,” and last year, the credit union supported numerous organizations to raise more than $2.6 million to make life better for families and businesses in the local community.

Added Fulk, “When our members borrow for a home or save with Columbia, they know their hard earned dollars pour back into the local economy. Our recent growth shows that our members absolutely realize that everyday financial relationships matter, and they’re choosing to Make Life Better with Columbia.”

About SecurityOne Lending: Security One Lending is currently licensed in 30 states and plans to be licensed in 40 states by year end. The firm has both a diversified product mix and has created a variety of distribution channels (retail, consumer direct and wholesale) to support its lending efforts. The company is a FNMA approved Seller/Servicer based in San Diego, CA. For more information on Security One Lending, call toll free 866.480.4715 or visit http://www.securityonelending.com.

About Columbia Credit Union: Established in 1952, Columbia Credit Union has $777 million in assets and 12 Clark County, WA, locations. Columbia serves more than 65,000 members with a 2009 satisfaction rating of 95.9 percent - an industry benchmark. Columbia is nationally recognized by PBS Companies for Workplace Excellence and was voted Clark County’s “Best Financial Institution” in 2009, 2010, and 2011, and “Best Overall Customer Service” in 2010. Columbia is a top local lender for auto and home loans, and was named the SBA “Credit Union Lender of the Year” for 2009 and 2010 in the Portland, Oregon district. Committed to sustainability, Columbia built Clark County’s first financial institution branches to strict LEED standards set by the U.S. Green Building Council. Individuals and businesses in Washington State are eligible for membership. For more information visit http://www.columbiacu.org.

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