Members Mortgage Offers Loan Program Through New Hampshire Housing Finance Authority; Loans Available for Credit Union Members Residing in New Hampshire

Business Wire, May 20, 2002

Business Editors

WOBURN, Mass.--(BUSINESS WIRE)--May 20, 2002

Members Mortgage, the leader in providing credit union members in the New England area with mortgage financing, today announced it will offer New Hampshire credit union members a loan program through the New Hampshire Housing Finance Authority (NHHFA). NHHFA is a non-profit, public benefit corporation that generates mortgage funding for low and moderate income residents.

"Loans through Members Mortgage are an excellent, low-cost way for New Hampshire credit union members to secure a mortgage loan in New Hampshire," said Joe Zampitella, president of Members Mortgage.

Since 1981, NHHFA's Single Family Mortgage program has helped over 26,000 New Hampshire families to purchase their first home. Members Mortgage is a participating lender for the Single Family Mortgage Program.

"We are delighted to offer a loan program from a company that specializes in offering mortgage financing to credit union members. This will enable more New Hampshire credit union members the opportunity to fulfill their dream of becoming a homeowner," said Claira P. Monier, the executive director of NHHFA.

About Members Mortgage

Founded in 1994, Members Mortgage provides primary financing services to more than 100 credit unions throughout New England. The company offers a full range of mortgage products including first mortgages, construction loans, and home equity loans. More information about Members Mortgage Company can be found on the web at www.membersmortgage.com or by calling 800-316-9790.