Mortgage program gives AFSCME member peace of mind
Jeanné Larson, AFSCME member, appreciates the security, convenience, and peace of mind that the Union Plus Mortgage Program gives her.
Jeanné Larson works for the state of Alaska helping people understand and navigate Medicare and health insurance, and is a longtime American Federation of State, County and Municipal Employees (AFSCME) Local 52 member.
Larson recently refinanced her home of 13 years with Wells Fargo through the Union Plus Mortgage Program.
“We were able to submit a lot of the documents Wells Fargo needed through their online portal,” she says. “It’s really amazing what technology can do now.”
With financing through Wells Fargo Home Mortgage, the Union Plus Mortgage Program helps union members, their parents, and children purchase or refinance their homes while also offering exclusive union-member benefits, including an award from Wells Fargo after closing1 and hardship help from Union Plus.
“It was a pretty seamless transition from start to finish,” Larson says. “We couldn’t have been happier with the process and how everything moved along, and the award was an extra bonus after everything was finalized.”
The Union Plus Mortgage Assistance Program caught Larson’s eye — it provides interest-free loans and grants to eligible union members to help them make their mortgage payments in the event they become disabled, unemployed, locked out, or go on strike.2
“We’re all one catastrophe away from financial ruin,” Larson notes. “That was a big concern given everything that happened during the pandemic.”
Larson encourages fellow members to consider the Union Plus Mortgage Program.
“[The Union Plus Mortgage Program] has benefited my life and given me a lot of financial security,” she says. “We receive reminders in the mail about mortgage protection and the other benefits offered through Union Plus, and it always gives us peace of mind. It’s amazing the wide range of benefits available.”
Visit unionplus.org/mortgage for more information.
1Eligible individuals will be sent redemption instructions for the My Mortgage GiftSM award approximately 2 weeks after closing on a new purchase or refinance loan secured by an eligible first mortgage or deed of trust with Wells Fargo Home Mortgage (“New Loan”), subject to qualification, approval and closing. The My Mortgage Gift award is not available with The Relocation Mortgage Program® or with any Wells Fargo employee mortgage offer. Only one My Mortgage Gift award is permitted per eligible New Loan. This award cannot be combined with any other award, discount or rebate, except as described in the Terms and Conditions. This award is void where prohibited, transferable, and subject to change or cancellation with no prior notice. Awards may constitute taxable income. Federal, state, and local taxes, and any use of the award not otherwise specified in the Terms and Conditions (available at wellsfargo.com/mymortgageterms and provided at receipt of award) are the sole responsibility of the My Mortgage Gift recipient.
2 The Union Plus® Mortgage Assistance Program is provided and administered through the AFL-CIO Mutual Benefit Plan ("The Plan"), which is not affiliated with Wells Fargo Bank, N.A. Additional information about The Union Plus® Mortgage Assistance Program and eligibility criteria can be obtained at unionplus.org/mortgageassistance.
Union Plus® is a registered trademark of Union Privilege.
Wells Fargo Home Mortgage has a services agreement with Union Privilege in which Union Privilege receives a financial benefit for providing agreed-upon services. Wells Fargo Home Mortgage encourages you to shop around to ensure you receive the services and loan terms that fit your home financing needs.
Information is accurate as of the date of printing and is subject to change without notice.
Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2022 Wells Fargo Bank, N.A. NMLSR ID 399801
