Do you belong to a union? Take advantage of your union membership and get money back when you buy a home. If you are an active or retired union member or the parent or child of one, you may be eligible for exclusive home financing benefits through a major lender.
On top of $500 back at closing, there is a Mortgage Assistance component to the program. If you become unemployed or disabled or locked out, the product has a provision to pay your mortgage during this time period. This program applies to purchasing a new home or refinancing your current home with this major lender. Here are the main components of the program:
• The lender will provide the union member with a $500 award card upon closing on the mortgage.
• First-Time Home Buyers will receive an additional $500 award card. That is up to $1,000 back just for buying your dream home.
• Mortgage Assistance is also part of the program. This mortgage product also provides an interest-free loan or grant, if you become unemployed, disabled or locked out. Peace of mind in case the unthinkable happens.
If you are not a union member, lenders are getting creative for all homebuyers. Take advantage of creative new lending programs to buy your first home, move up to a larger home to meet the demands of an ever growing family or finally buy your dream home. Rates are on the rise and you need to find a way to get the home of your dreams now.