Safe Act Information

Secure and Fair Enforcement for Mortgage Licensing Act of 2008

On July 28, 2010 the Nation Credit Union Association (NCUA) and other Federal Agencies published a final rule to implement the federal registration requirements of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act). The registration requirements apply to all employees acting in the capacity of a Mortgage Loan Originator (MLO). The S.A.F.E. Act requires all MLOs to register with the Nationwide Mortgage Licensing System and Registry (NMLS). Once registered, each MLO is provided a Unique Identifier from the NMLS. An MLO must provide this Unique Identifier to each mortgage loan applicant upon request and prior to the employee acting as an MLO.

Below is an attachment that includes the NMLS information for each MLO employed by the Credit Union.

 

Click Here for MLO List

 

Home Equity Workshop 

Home Equity Workshop: Saturday, APRIL 28

Join us for a free, one-hour workshop and learn about:

  • Home Equity & How to Use a Home Equity Loan
  • How Equity is Determined
  • Home Equity Products at Seattle Credit Union
  • Home Equity Lending Process

The workshop will take place at our Northgate Branch (303 NE Thorton PL., Seattle WA 98125) from 2:00 P.M. to 3:00 P.M.

Space is limited. To RSVP please click below.

RSVP

  • DISCLOSURE

    OFFER BEGINS APRIL 28, 2018 AND EXPIRES 11:59 PM PDT MAY 31, 2018. APPLIES TO HELOC AND FIXED-TERM HOME EQUITY LOANS ONLY; OTHER LOAN TYPES ARE NOT ELIGIBLE. APPLICANT MUST HAVE SIGNED-IN AT THE WORKSHOP TO BE ELIGIBLE FOR THE GIFT CARD. THE $100 HOME DEPOT GIFT CARD WILL BE MAILED WITHIN 30 DAYS OF LOAN APPLICATION COMPLETION. ALL LOANS ARE SUBJECT TO APPROVAL OF MEMBERSHIP ELIGIBILITY AND CREDIT UNDERWRITING REQUIREMENTS. MEMBER IS LIABLE FOR ANY AND ALL TAXES ASSOCIATED WITH THIS GIFT CARD AND MAY RECEIVE A 1099-MISC TAX FORM FROM SEATTLE CREDIT UNION. SEATTLE CREDIT UNION RESERVES THE RIGHT TO CANCEL OR AMEND THE TERMS AND CONDITIONS OF THIS PROMOTION AT ANY TIME AND WITHOUT NOTICE. EXISTING SEATTLE CREDIT UNION LOAN BALANCES ARE NOT ELIGIBLE FOR THE GIFT CARD IF REFINANCED. CONTACT US FOR ADDITIONAL DETAILS AT 206.398.5687. HOME DEPOT IS NOT AN AFFILIATE OF SEATTLE CREDIT UNION.