Members Mortgage

Welcome to the "NO FEES" Union Mortgage Loan Program, an exclusive initiative designed specifically for union memberships. Established in 1999, we have had the privilege of serving over 100 union memberships, providing them with over two decades of savings. We are proud to be the number one originator of union members' mortgages, committed to offering a unique financing experience that sets us apart from our competitors.

Our company, Union Member Mortgages, prides itself on delivering exceptional service by not charging any upfront fees, including application, credit report, processing, or borrower-paid points or broker fees. This approach ensures a significant savings advantage for our valued union members. Our services are directly compensated by the lender, ensuring that our members receive the most competitive rates and terms available.

While other companies may collect fees from both the borrower and the lender without disclosing this information, we maintain a transparent and ethical business model. Our borrowers are required to order and pay for their appraisals upfront; however, we provide a refund of up to $350 at the time of closing.

Our Services

At Union Member Mortgages, we offer a comprehensive suite of mortgage loan services tailored to meet the diverse needs of our union memberships. These services include:

• Purchasing: Homeownership provides numerous benefits, from building personal wealth to creating a stable living environment. Our loan programs empower union members to achieve their dream of homeownership by offering competitive rates and flexible terms.

• Refinancing: Refinancing helps homeowners take advantage of lower interest rates, access their home equity, or modify their loan terms to suit their financial goals. Our refinancing solutions are designed to help union members reduce their monthly payments, shorten their loan terms, or convert their home equity into cash. Our knowledgeable loan officers can help determine if now is the right time for our union members to refinance.

• Reverse Mortgages: For homeowners aged 62 and older, reverse mortgages offer an opportunity to convert their home equity into tax-free income. Our reverse mortgage solutions enable eligible union members to enjoy a more secure and comfortable retirement while maintaining their homeownership.

Fireman, Policeman, and Teachers Union Mortgage Loans

At Union Member Mortgages, we are proud to cater to the unique financing needs of firefighters, policemen, and teachers. These professionals dedicate their lives to serving and improving their communities. Our specialized loan programs for these unions offer the same upfront fee savings and competitive rates, ensuring that our heroes can enjoy the benefits of homeownership without the burden of extra costs.

Closing Costs

While our mortgage loan program does not charge any upfront fees, it is important to remember that closing costs associated with mortgage loans may apply. These include:

• Lender fees
• Title insurance fees
• State/County related fees
• Settlement fees
• Other applicable loan closing costs

Although we do not charge Members Mortgage fees, it is essential for our union members to be aware of these other costs. We are committed to providing a transparent and detailed summary of mortgage loan closing costs to ensure that our members are well-informed and confident in their financing decisions.