Mortgage programs

AFT Member Benefits has two mortgage options available to members:

Union Plus Mortgage Program	Amalgamated Bank Mortgage Program ^*
AFT members can take advantage of exclusive benefits when financing or refinancing^# a home with Wells Fargo Home Mortgage through the Union Plus Mortgage program.^* Wells Fargo My Mortgage Gift^SM award after closing^** - a $500 value for purchasing a home or $300 value for refinancing^# Union Plus Mortgage Assistance if you experience unexpected loss of income^† $1,000 Veteran’s Grant from Union Plus on a primary home purchase or refinance^† Wells Fargo’s Dream. Plan. Home.^SM closing cost credit may provide up to $5,000 for one-time closing costs, such as appraisal and processing fees^{^} Eligible borrowers may qualify for a grant to use as a downpayment on a new home Wells Fargo offers a personalized experience that puts you first – you’ll have a dedicated team supporting you from application through closing to make you home loan process as seamless as possible. Learn more	Flexible adjustable-rate mortgages and stable fixed-rate mortgages² Refinance lending options Competitive rates and timely approvals An easy prequalification and online application process $700 in discounts on origination fees for AFT members¹^,³ Strike protection eligibility¹^,⁴ Amalgamated Bank was founded as a union bank Amalgamated Bank’s mission is to be the financial institution for socially responsible people and organizations Learn more

AFT members can take advantage of exclusive benefits when financing or refinancing^# a home with Wells Fargo Home Mortgage through the Union Plus Mortgage program.^*

Wells Fargo My Mortgage Gift^SM award after closing^** - a $500 value for purchasing a home or $300 value for refinancing^#
Union Plus Mortgage Assistance if you experience unexpected loss of income^†
$1,000 Veteran’s Grant from Union Plus on a primary home purchase or refinance^†
Wells Fargo’s Dream. Plan. Home.^SM closing cost credit may provide up to $5,000 for one-time closing costs, such as appraisal and processing fees^{^}
Eligible borrowers may qualify for a grant to use as a downpayment on a new home

Wells Fargo offers a personalized experience that puts you first – you’ll have a dedicated team supporting you from application through closing to make you home loan process as seamless as possible.

Learn more

Flexible adjustable-rate mortgages and stable fixed-rate mortgages²
Refinance lending options
Competitive rates and timely approvals
An easy prequalification and online application process
$700 in discounts on origination fees for AFT members¹^,³
Strike protection eligibility¹^,⁴
Amalgamated Bank was founded as a union bank
Amalgamated Bank’s mission is to be the financial institution for socially responsible people and organizations

Learn more

Union Plus

# If you are a service member on active duty, an eligible spouse, partner, or dependent, or currently receiving SCRA benefits, please consult with your legal advisor prior to seeking a refinance of your existing mortgage loan. In some cases, a refinance may impact your eligibility for benefits under the Servicemembers Civil Relief Act or applicable state law.

*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.

**Eligible individuals will be sent redemption instructions for the My Mortgage Gift^SM 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^SM award is not available in combination with any Wells Fargo employee mortgage offer. Only one My Mortgage Gift^SM 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, not 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 (also provided at receipt of award) are the sole responsibility of the My Mortgage Gift^SM recipient.

† The Union Plus® Veteran's® Mortgage Assistance Program and Veteran's Grant are 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. Additional information about The Union Plus Grant and eligibility criteria can be obtained at unionplus.org/veteransgrant.

^ The Dream. Plan. Home. closing cost credit may help eligible consumers purchasing their primary residence. The closing cost credit is designed for consumers with income at or below 80% of the area median income (AMI) of the property location. The closing cost credit is available in certain areas and is not available with all loan types. Please speak with a home mortgage consultant for details.

Union Plus® is a registered trademark of Union Privilege.

Equal Housing Lender

Amalgamated Bank

* This program is not licensed in all states. Please see program websites for more information.

1 To be eligible for the benefits under the Amalgamated AFT Home Financing Program, applicants must identify themselves as AFT Members during the loan application process. AFT membership is subject to verification.

2 All loan applications are subject to credit, property approval and income verification. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions and limitations apply.

3 The discount includes a $700 discount on Amalgamated Bank’s origination fee. Discount will be applied at closing.

4 Strike protection is only available on loans held in Amalgamated Bank’s portfolio. If loan servicing is sold to another financial institution, late fees may not be waived in the event of a strike.

© 2018 Amalgamated Bank. All rights reserved. Equal Opportunity Lender. Amalgamated Bank NMLS ID# 898791.