Credit Union Service Organization (CUSO)
If your credit union seeks professional expertise in commercial real estate lending, CUBS is designed to be your partner.
Credit unions pay no membership fees, origination fees, or underwriting fees.
CUBS delivers interest income from high-quality commercial real estate assets while supporting regulatory compliance. We have originated more than $1.5 billion in commercial real estate participations helping credit unions diversify portfolio risk. CUBS helps fulfill member business lending needs and supports NCUA Member Business Loan (MBL) requirements.
Our expertise includes:
Origination
CUBS generates loan opportunities for its credit union partners.
Underwriting
CUBS performs and delivers comprehensive credit memos and cash flow analysis.
Closing
CUBS coordinates 3rd parties and legal for compliance and enforcability.
Documentation
You receive complete underwriting, closing and annual review files.
Servicing
CUBS provides all borrower interface for documentation collection, statements and payments, and issue handling.
Reporting
You recieve all quarterly and monthly reporting for compliance purposes..
>> CUBS visits every property at origination and for every annual review.