Anheuser-Busch Employees' Credit Union Brings HomeAdvantage to Missouri

SCOTTSDALE, Ariz. - Jan. 25, 2018 - PRLog -- With goals of providing innovative real estate tools to members and increasing mortgage closings, Anheuser-Busch Employees' Credit Union (ABECU) has implemented HomeAdvantage®, the turnkey real estate program from CU Realty Services. This is the first expansion into Missouri for CU Realty Services, the largest real estate CUSO in the U.S.

ABECU—the third largest CU in Missouri—is headquartered in St. Louis, where low inventory and rising prices are driving a stable but competitive housing market. By offering HomeAdvantage to its members, the CU can reach and support more home buyers much earlier in the home-buying process—and stay engaged until they are ready for a mortgage. Credit unions often report pull-through rates of 80 percent or higher when members use HomeAdvantage.

The program provides online access to the real estate tools and support members need to buy and sell their homes: online property listings, recent sales data, neighborhood demographics, a network of reputable real estate agents and more. The program also provides savings to members at closing through HomeAdvantage Cash Rewards. When members use a real estate agent in the HomeAdvantage network, they qualify to earn a cash-back benefit equal to 20 percent of the agent's commission. Cash-back benefits average $1,570 in savings per transaction.

Chartered by the state of Missouri, ABECU and its subsidiaries—Purina Credit Union and American Eagle Credit Union—serve more than 123,000 members in 12 states. The ABECU launch paves the path for other CUs in the Show-Me State to implement HomeAdvantage.

"We are excited to partner with ABECU," said Tina Powers, chief operating officer at CU Realty Services. "We look forward to helping them reach their purchase mortgage goals, and we are confident that HomeAdvantage is just the tool to do so."

About CU Realty Services, LLC

CU Realty Services provides real estate services to credit unions across the nation, helping them increase their purchase mortgage business. Launched in 2001, the CUSO has worked with more than 100 credit unions and mortgage CUSOs nationwide to offer its turnkey real estate program, HomeAdvantage®. Through the program, credit union members can search for homes, research neighborhoods, calculate costs of homeownership, connect to experienced real estate agents, and earn HomeAdvantage Cash Rewards. By offering this program to members, credit unions are able to attract, identify and engage more home buyers, and consequently close more loans. To learn more, visit www.curealty.com.