Tag: mortgage

Union Plus Mortgage Benefits Union Members During Tough Times Like Layoff

The Union Plus Mortgage Assistance Program is a solid resource for union members during difficult times, especially during a layoff. The program, administered through the AFL-CIO Mutual Benefit Plan, provides interest-free loans and grants to help make mortgage payments for members who are disabled, unemployed, locked out or on strike, or on layoff. Members who qualify for the Mortgage Assistance loan benefit also receive a one-time grant of $1,000. To be eligible: You must have a Union Plus mortgage for at least one year. You or your eligible cosigner are out of work due to a union-approved strike, lockout, involuntary unemployment, or disability. ... Read more