What Is First Heritage MortgageMatch™?

We create opportunities for Credit Unions and Community Banks so that they can buy and sell First Mortgage Loans on a loan-by-loan basis.

Our mission is simple: help Credit Unions and Community Banks balance their portfolios according to their needs.

With the click of a mouse, Lenders can search loans based on LTV, Rate, Credit Score, Property Type, and Program. First Heritage MortgageMatch™ was created with the understanding that a specialized market could enhance collaboration which would result in increased loan volume; managerial optimization; and improved risk management practices.

We understand the importance of privacy and integrity. All communication is kept confidential until a partner decides to share the information with a potential match.

The First Heritage MortgageMatch™ program allows credit unions to sell or purchase individual loans or loan pools. An originating Federal Credit Union may sell up to 90% of the face value of the loan, which has created a vast opportunity for credit unions to both buy and sell mortgage loans, helping institutions diversify their portfolios, generate income, and manage liquidity and interest rate risk.

Originators/Lead Lender must retain all originals of loan documents and is responsible for the loan servicing.

Benefits of First Heritage MortgageMatch™
  • Loan portfolio diversification
  • Balance sheet & liquidity management
  • Income opportunities
  • Risk reduction & compliance management
  • For mortgage loan sellers, this creates an opportunity to maintain member relationships while prudently managing the balance sheet
Benefits of Working with First Heritage
  • Unique understanding of credit unions, providing mortgage solutions for 100+ credit unions
  • More than 25 years of secondary market experience
  • Fair and transparent pricing
  • Personalized, confidential service.
  • Compliant participation agreements, including NUCA, GAAP and CECL adherence