Both Union Plus Mortgage Programs come with the exclusive union member benefit of Mortgage Assistance. If you’ve had a Union Plus home mortgage for a year or more and become disabled, laid off, locked out or go on strike, you may be eligible for Union Plus Mortgage Assistance.
What is Union Plus Mortgage program?
The Union Plus Mortgage Program provides interest-free loans and grants to help you make mortgage payments when you’re disabled, unemployed, locked out, or on strike.
Can my union help me buy a house?
Most credit unions can lend for up to a maximum ten years on an unsecured loan and up to 35 years on a secured loan (where they’ll lend against something like your property or car). Not all credit unions will offer longer term loans.
Do union members get discounts?
Union members get up to 25% off car rentals, up to 60% off hotels and save big on tickets for family fun like Walt Disney World® or the Kennedy Space Center. You can even tour U.S. destinations like the Grand Canyon or Niagra Falls. The fun is out there!
Is Union plus legit?
Union Plus is a non-profit and the ONLY consumer benefits organization created and endorsed by the AFL-CIO.
Do federal employees get special mortgage rates?
With the special loans we offer, government employees are eligible for special rates and have much of the extra paper work, red tape and extra costs reduced.
What bank does Union plus use?
The Bancorp Bank
The Bancorp Bank; Member FDIC.
How long does the right to buy process take?
We’ll send you this form within four weeks if you’ve been our tenant for three years or more, or within eight weeks otherwise.
What is Union plus benefits?
Union Plus offers a full range of supplemental life and accident insurance plans dedicated to meet the unique needs of union members and their families. Affordable auto insurance and homeowners and renters insurance are also available.
How much is Union plus?
These benefits and programs are FREE to union members and their families. There’s no membership —if you’re a current or retired union member or a family member — you’re in. No Union Plus membership. No Fees.
Is it easier to get a mortgage with a government job?
Legal and finance professionals Teachers, nurses, scientists, government employees and defense force personnel are considered professionals by most lenders. All general professionals are seen as low risk and are eligible for a waived LMI on home loans up to 85%.
Do federal employees get discounts on buying a home?
All government employees may purchase ANY home on the market through Public Servant Next Door. Plus, you may be eligible for the Public Servant Next Door Grant and additional down payment assistance for government employees.
What is Union plus mortgage assistance?
Union Plus Mortgage Assistance provides interest-free loans and grants to help you make mortgage payments when you’re disabled, unemployed, locked out or on strike. If you qualify for the Mortgage Assistance loan benefit, you’ll also receive a one-time grant of $1,000 paid directly to you.
What happens to my Union plus mortgage if I’m on strike?
If you’ve had a Union Plus home mortgage for a year or more, you’re protected. Union Plus Mortgage Assistance provides interest-free loans and grants to help you make mortgage payments when you’re disabled, unemployed, locked out or on strike.
Why should I join aft?
AFT offers a free trauma counseling program as well as paid trauma coverage. Union Plus offers homebuying benefits you can’t get anywhere else. Peace of mind for users and their families knowing emergency help can be quickly called. Create or log in to your AFT account.
What is the AFL-CIO mortgage assistance program?
If you’ve had a Union Plus home mortgage for a year or more, you’re protected with our unique Mortgage Assistance Program administered through the AFL-CIO Mutual Benefit Plan. Read the Plan’s Eligibility and Benefits.
