CCU Secure Messaging

A judgment lien is a lien upon the property of a debtor resulting from the decree of a court.

Access limitations are restrictions on an open-end agreement which will limit the number or dollar amount of advances over the entire draw period or smaller...

Debt-to-income ratios are calculations that are used in determining whether a borrower can qualify for a loan.  Typically, it is the amount of monthly contr...

Payment and interest rate caps are limitations on how much the monthly payment or interest rate can change from one adjustment period to the next or over th...

Third party charges is money paid directly by the borrower or credit union to a third party for charges or fees associated with the establishment of a loan.

The term of a loan is the length of the repayment period for a closed-end loan, i.e., a 24-month term, a 36-month term, etc.

In mortgage servicing, an account is established to hold payments for property taxes and/or homeowner’s insurance. The servicer pays the tax and insurance b...

Forclosure is a legal procedure by which property that is mortgaged as security for a loan is sold to pay a defaulting borrower’s loan.

When an existing closed-end obligation is satisfied and replaced by a new obligation.

A liability is joint and several when your financial institution may sue one or more of the parties to such liability separately or all of them together.