Magazine article International Musician

Union Plus Mortgage Company: New Mortgage Option for Union Members

Magazine article International Musician

Union Plus Mortgage Company: New Mortgage Option for Union Members

Article excerpt

There is a new and different mortgage brokerage company available to many AFM members: the Union Plus Mortgage Company (UPMC). What makes it different from other mortgage companies is that it is owned by the AFL-CIO, Union Plus, and a group of affiliated unions (including the AFM). The revenue generated by UPMC belongs to the labor movement-not the big banks or Wall Street. UPMC offers a variety of financing options-Federal Housing Administration loans (FHA), VA loans, 15- and 30-year fixed rate loans, and adjustable rate loans.

Currently, the UPMC is licensed in California, Connecticut, Delaware, Washington DC, Florida, Illinois, Indiana, Iowa, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, North Carolina, Oregon, Pennsylvania, Virginia, West Virginia, and Wisconsin. If you are seeking to purchase a property in one of these states, the Union Plus Mortgage Company may be an option you wish to consider. To find out if a state where you wish to purchase a property has been added to the list or to learn more, go to the UPMC website www.unionplusmortgage.com.

One year after obtaining a UMPC mortgage loan, union members can benefit from the Union Plus Mortgage Assistance Program. This program provides hardship mortgage assistance in the event of income loss due to disability, unemployment, or strike/lockout. And a new mortgage customer can expect to receive a $500 Visa gift card after closing!

"As a mortgage broker, UPMC shops the top lenders in the country to find the best mortgage rates and products for its union customers. …

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