Freddie Mac has named Veridian Credit Union a 2026 Home Possible RISE Award recipient, recognizing the Waterloo-based credit union for fastest growth in Home Possible affordable mortgage loans among U.S. credit unions.
The Home Possible Recognizing Individuals for Sustained Excellence Awards honor top-performing lenders that originate Freddie Mac’s Home Possible and HFA Advantage mortgages, which serve low- to moderate-income borrowers through features such as low down payment options, flexible funding sources and competitive pricing.
Veridian’s 2025 Home Possible mortgage volume grew 47% from 2024, qualifying the credit union for the Fastest Growth category.
“Affordable homeownership is one of the most impactful tools for maintaining financial stability and achieving long-term financial success,” said Veridian President and CEO Renee Christoffer. “We’re focused on removing barriers to affordable homeownership for low-income individuals because financial success should be within reach for everyone.”
Beyond the Freddie Mac program, Veridian offers its own Financial Inclusion Mortgage for low-income borrowers. The credit union surpassed $65 million in total Financial Inclusion Mortgage volume in 2025 and committed $4 million to no- or low-interest loans for Habitat for Humanity partners across Iowa and Nebraska.
Founded in 1934, Veridian Credit Union is a not-for-profit financial cooperative with 32 branches across Iowa, eastern Nebraska and the Twin Cities metro area, including two branches in Cedar Rapids and one branch in Coralville.
