Wells Fargo Reverse Mortgage – Reverse Mortgage and Loan News, wells home mortgage.#Wells #home #mortgage


Wells Fargo Reverse Mortgage

Wells home mortgage

Back to basics. Wells Fargo recently updated their reverse mortgage section with the latest definition of what is a reverse mortgage. While they do not list rates on their site, having the basic understanding goes a long way for a senior or loved one looking for basic information.

A reverse mortgage is exactly what its name implies — a loan whose features make it essentially the reverse of a traditional forward mortgage. Instead of making monthly payments, you can choose to receive them. That’s the “reverse” part of a reverse mortgage. Instead of turning your income into equity, you turn your equity into income.

That last feature — the ability to turn your equity into income — is what most distinguishes a reverse mortgage from other loans, and it s what makes it so valuable to many senior homeowners. Having spent years repaying the mortgage that allowed you to buy your home, you can now tap into that investment to help you achieve your goals later in life. However you plan to use your equity — whether traveling, paying medical expenses, improving your home, or just adding a bit of cushion to your monthly budget — you ll have a golden opportunity to put your nest egg to good use.

Nothing happens to your home — you remain the owner for as long as you live there, and you cannot be forced to move. Unlike a traditional mortgage, however, your balance cannot exceed the value of your home when you sell it. So no matter how much money you receive through your reverse mortgage, you cannot owe more than your home is worth. Having that assurance is important. After all, you ve put a lot of money into your home, and you should have control over how to take it out.

To be eligible for a reverse mortgage, all owners listed on the home s title must be at least 62 years of age and occupy the home as their principal residence for the majority of the year. The property must be a single-family or a two-to-four unit dwelling. Townhomes, detached homes, condominium units, planned unit developments (PUDs), and some manufactured homes are eligible.

Speaking with an approved reverse mortgage counselor is another important eligibility requirement. The Department of Housing and Urban Development (HUD) supervises counseling agencies that can work with you in person or, more commonly, over the phone. Be aware that a fee is charged for these services. Your Wells Fargo reverse mortgage consultant can provide you with a list of authorized counselors.


Wells Fargo Reverse Mortgage – Reverse Mortgage and Loan News, wells home mortgage.#Wells #home #mortgage


Wells Fargo Reverse Mortgage

Wells home mortgage

Back to basics. Wells Fargo recently updated their reverse mortgage section with the latest definition of what is a reverse mortgage. While they do not list rates on their site, having the basic understanding goes a long way for a senior or loved one looking for basic information.

A reverse mortgage is exactly what its name implies — a loan whose features make it essentially the reverse of a traditional forward mortgage. Instead of making monthly payments, you can choose to receive them. That’s the “reverse” part of a reverse mortgage. Instead of turning your income into equity, you turn your equity into income.

That last feature — the ability to turn your equity into income — is what most distinguishes a reverse mortgage from other loans, and it s what makes it so valuable to many senior homeowners. Having spent years repaying the mortgage that allowed you to buy your home, you can now tap into that investment to help you achieve your goals later in life. However you plan to use your equity — whether traveling, paying medical expenses, improving your home, or just adding a bit of cushion to your monthly budget — you ll have a golden opportunity to put your nest egg to good use.

Nothing happens to your home — you remain the owner for as long as you live there, and you cannot be forced to move. Unlike a traditional mortgage, however, your balance cannot exceed the value of your home when you sell it. So no matter how much money you receive through your reverse mortgage, you cannot owe more than your home is worth. Having that assurance is important. After all, you ve put a lot of money into your home, and you should have control over how to take it out.

To be eligible for a reverse mortgage, all owners listed on the home s title must be at least 62 years of age and occupy the home as their principal residence for the majority of the year. The property must be a single-family or a two-to-four unit dwelling. Townhomes, detached homes, condominium units, planned unit developments (PUDs), and some manufactured homes are eligible.

Speaking with an approved reverse mortgage counselor is another important eligibility requirement. The Department of Housing and Urban Development (HUD) supervises counseling agencies that can work with you in person or, more commonly, over the phone. Be aware that a fee is charged for these services. Your Wells Fargo reverse mortgage consultant can provide you with a list of authorized counselors.


Wells Fargo Reverse Mortgage – Reverse Mortgage and Loan News, wells mortgage rates.#Wells #mortgage #rates


Wells Fargo Reverse Mortgage

Wells mortgage rates

Back to basics. Wells Fargo recently updated their reverse mortgage section with the latest definition of what is a reverse mortgage. While they do not list rates on their site, having the basic understanding goes a long way for a senior or loved one looking for basic information.

A reverse mortgage is exactly what its name implies — a loan whose features make it essentially the reverse of a traditional forward mortgage. Instead of making monthly payments, you can choose to receive them. That’s the “reverse” part of a reverse mortgage. Instead of turning your income into equity, you turn your equity into income.

That last feature — the ability to turn your equity into income — is what most distinguishes a reverse mortgage from other loans, and it s what makes it so valuable to many senior homeowners. Having spent years repaying the mortgage that allowed you to buy your home, you can now tap into that investment to help you achieve your goals later in life. However you plan to use your equity — whether traveling, paying medical expenses, improving your home, or just adding a bit of cushion to your monthly budget — you ll have a golden opportunity to put your nest egg to good use.

Nothing happens to your home — you remain the owner for as long as you live there, and you cannot be forced to move. Unlike a traditional mortgage, however, your balance cannot exceed the value of your home when you sell it. So no matter how much money you receive through your reverse mortgage, you cannot owe more than your home is worth. Having that assurance is important. After all, you ve put a lot of money into your home, and you should have control over how to take it out.

To be eligible for a reverse mortgage, all owners listed on the home s title must be at least 62 years of age and occupy the home as their principal residence for the majority of the year. The property must be a single-family or a two-to-four unit dwelling. Townhomes, detached homes, condominium units, planned unit developments (PUDs), and some manufactured homes are eligible.

Speaking with an approved reverse mortgage counselor is another important eligibility requirement. The Department of Housing and Urban Development (HUD) supervises counseling agencies that can work with you in person or, more commonly, over the phone. Be aware that a fee is charged for these services. Your Wells Fargo reverse mortgage consultant can provide you with a list of authorized counselors.


Wells Fargo Reverse Mortgage – Reverse Mortgage and Loan News, wells home mortgage.#Wells #home #mortgage


Wells Fargo Reverse Mortgage

Wells home mortgage

Back to basics. Wells Fargo recently updated their reverse mortgage section with the latest definition of what is a reverse mortgage. While they do not list rates on their site, having the basic understanding goes a long way for a senior or loved one looking for basic information.

A reverse mortgage is exactly what its name implies — a loan whose features make it essentially the reverse of a traditional forward mortgage. Instead of making monthly payments, you can choose to receive them. That’s the “reverse” part of a reverse mortgage. Instead of turning your income into equity, you turn your equity into income.

That last feature — the ability to turn your equity into income — is what most distinguishes a reverse mortgage from other loans, and it s what makes it so valuable to many senior homeowners. Having spent years repaying the mortgage that allowed you to buy your home, you can now tap into that investment to help you achieve your goals later in life. However you plan to use your equity — whether traveling, paying medical expenses, improving your home, or just adding a bit of cushion to your monthly budget — you ll have a golden opportunity to put your nest egg to good use.

Nothing happens to your home — you remain the owner for as long as you live there, and you cannot be forced to move. Unlike a traditional mortgage, however, your balance cannot exceed the value of your home when you sell it. So no matter how much money you receive through your reverse mortgage, you cannot owe more than your home is worth. Having that assurance is important. After all, you ve put a lot of money into your home, and you should have control over how to take it out.

To be eligible for a reverse mortgage, all owners listed on the home s title must be at least 62 years of age and occupy the home as their principal residence for the majority of the year. The property must be a single-family or a two-to-four unit dwelling. Townhomes, detached homes, condominium units, planned unit developments (PUDs), and some manufactured homes are eligible.

Speaking with an approved reverse mortgage counselor is another important eligibility requirement. The Department of Housing and Urban Development (HUD) supervises counseling agencies that can work with you in person or, more commonly, over the phone. Be aware that a fee is charged for these services. Your Wells Fargo reverse mortgage consultant can provide you with a list of authorized counselors.


Wells Fargo wrongly hit homebuyers with fees to lock in mortgage rates, wells mortgage rates.#Wells


Wells Fargo wrongly hit homebuyers with fees to lock in mortgage rates

Posted October 4

Wells mortgage rates

NEW YORK (CNNMoney) Wells Fargo is in trouble once again — this time for fees charged to customers trying to nail down a mortgage.

The scandal-ridden bank said on Wednesday that some mortgage borrowers were inappropriately charged for missing a deadline to lock in promised interest rates, even though the delays were Wells Fargo’s fault.

Wells Fargo said it will reach out to all 110,000 customers who were charged “mortgage rate lock extension fees” between September 2013 and this February. The bank promised to refund customers “who believe they shouldn’t have paid those fees.”

Here’s what happened: Interest rates offered on Wells Fargo mortgages typically carry expiration dates. Sometimes, those rates expire before the loan closes. The delay can be the bank’s fault or the borrower’s. If it’s the borrower’s fault, customers can pay a fee to extend the rate.

However, four former Wells Fargo employees told Congress in a letter last year that the bank blamed customers for mortgage paperwork delays even when it was the bank’s fault. The letter was first reported by ProPublica in January.

The federal Consumer Financial Protection Bureau is investigating the matter, according to Wells Fargo regulatory filings.

Now Wells Fargo says an internal review by the bank supports these claims.

Wells Fargo said on Wednesday that the review determined that the mortgage rate lock policy “was, at times, not consistently applied.” In some cases, borrowers were charged fees even though Wells Fargo was “primarily responsible for the delays,” the bank said.

It’s not clear how many customers were wronged. A total of about $98 million in rate lock extension fees was charged to 110,000 borrowers. Wells Fargo said it believes a “substantial number” of the charges were appropriate.

The bank said it plans to reach out to all of those customers later this year. “It’s not going to be a complicated process,” a Wells Fargo spokesman said.

CEO Tim Sloan said in a statement that the bank is paying the refunds “as part of our ongoing efforts to rebuild trust” with customers.

The mortgage mess is the latest black eye for Wells Fargo in a year of scandal. The bank has fired 5,300 employees for the creation of many as 3.5 million fake accounts. Thousands of customers were charged fees for accounts they didn’t open. The bank has blamed an out-of-control sales culture.

Wells Fargo has also said it charged up to 570,000 borrowers for car insurance they didn’t need. About 20,000 of them may have had their vehicles repossessed as a result.

And Wells Fargo has been accused in a lawsuit of ripping off mom-and-pop businesses by overcharging them for processing credit card transactions.

Patricia McCoy, a former CFPB mortgage official, said the disclosure about the mortgage rate fees fits a pattern.

“Wells Fargo had a business model, until all of this came to light, that emphasized generating fees charged to consumers under duplicitous circumstances simply for the sake of padding revenue,” said McCoy, who is now a professor at Boston College Law School.

Testifying before the Senate on Tuesday, Wells Fargo’s CEO insisted that the bank has made fundamental changes to fix its broken culture.

“The past year has been humbling and challenging,” Sloan said. “We are resolving past problems even as we make changes to ensure nothing like this happens again at Wells Fargo.”

Copyright 2017 by Cable News Network, Inc., a Time Warner Company. All rights reserved.


NEA Home Financing Program: Mortgages, NEA Member Benefits, wells home mortgage.#Wells #home #mortgage


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Wells home mortgage

NEA Home Financing Program: Mortgages

To be eligible for the NEA member bonus, you must submit a membership verification form with your loan application package. Please be sure you are registered and then click the Print Membership Form button to download the completed form.

Wells home mortgage

If you’re thinking about buying or refinancing a home, look to the NEA Home Financing Program —available to NEA members along with your spouses (or domestic partners), parents and children.

Through the program you’ll have access to a network of knowledgeable and helpful Wells Fargo home mortgage consultants to assist every step of the way, in addition to competitive rates, low down payment options and valuable online tools and resources to help you make an informed decision.

Get started today!

NEA Member Bonus! NEA members and their eligible family members who finance a home through the NEA Home Financing Program, provided by Wells Fargo Home Mortgage, will receive a Wells Fargo My Mortgage Gift℠ award after closing—$500 for buying a home, or $300 for refinancing your home—for use at participating retailers. 1, 2

To be eligible for the NEA member bonus, you must submit a membership verification form with your loan application package. You can download a printable, pre-filled membership verification form from this page. Please be sure you are registered and signed in and then click the Print Membership Form button to download the form.

To learn more, call us today at 1-800-NEA-4-YOU (1-800-632-4968). A knowledgeable Wells Fargo Home Mortgage consultant will work with you every step of the way.

Mon-Fri 8 a.m. to 10 p.m. ET; Sat 9 a.m. to 5:30 p.m. ET

Wells home mortgage

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1. Eligible individuals can receive the Wells Fargo My Mortgage Gift℠ award approximately 6 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, when identifying themselves as eligible. The My Mortgage Gift℠ award is not available with The Relocation Mortgage Program or to any Wells Fargo team member. Only one My Mortgage Gift award is permitted per eligible New Loan. This award cannot be combined with any other award, discount or rebate, except for yourFirstMortgage℠. This award is void where prohibited, 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℠ recipient.

2. The NEA Home Financing Program has been developed for NEA members and their families. Parents, spouse or domestic partner, and children are eligible family members.

Wells Fargo Home Mortgage has a services agreement with NEA’s Member Benefit Corporation in which NEA’s Member Benefit Corporation receives a financial benefit for providing agreed upon services. You are encouraged to shop around to ensure you are receiving the services and loan terms that fit your home financing needs.

Wells home mortgageInformation is accurate as of date of printing and is subject to change without notice. Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. 2017 Wells Fargo Bank, N.A. All rights reserved. NMLSR ID 399801. 3/2017


Jumbo Mortgage Loans – Jumbo Loan Refinance – Wells Fargo #hamp #mortgage


#jumbo mortgages

#

Jumbo Financing Options

If you have a higher property value and can manage larger monthly mortgage payments, consider a jumbo, or non-conforming. loan. A jumbo loan provides financing for loan amounts higher than the maximum conforming limits set by Fannie Mae and Freddie Mac. A conforming first mortgage plus a home equity line of credit may provide greater payment flexibility. Both are available for purchase and refinance loans (including cash-out refinances ).

Jumbo loan

Mortgage + home equity financing

  • A “non-conforming ” loan with mortgage amounts above the maximum conforming loan limits.
  • Available in a variety of fixed-rate and adjustable-rate loan options.
  • You may be able to add extra mortgage features, such as a temporary buydown .
  • This loan pairs a “conforming ” first mortgage with a home equity line of credit.
  • The first mortgage is available in a variety of fixed-rate and adjustable-rate loan options — the home equity line of credit has a variable interest rate .
  • You may be able to add extra mortgage features, such as a temporary buydown.
  • Obtain financing for loan amounts higher than the Fannie Mae and Freddie Mac conforming limits.
  • Get the convenience of one loan for the entire loan amount.
  • Choose from a variety of loan options.
  • Access additional potential benefits through our Private Mortgage Banking (PMB) group.
  • Have ongoing access to your available equity without reapplying.
  • Choose to advance funds at the line of credit variable rate or advance funds and lock in your rate with a fixed-rate advance.
  • You build equity at a slower pace because payments during the first several years go largely toward interest rather than the principal balance.
  • You will have to make two separate monthly payments.
  • With the variable interest rate on your line of credit balance, your monthly payments may increase or decrease as interest rates fluctuate.

Mortgage financing
1-877-937-9357
Mon – Fri: 7 am – 9 pm
Sat: 8 am – 6 pm
Sun: 10 am – 6 pm
Central Time

Mortgage customer service
1-800-357-6675
Mon – Fri: 6 am – 10 pm
Sat: 8 am – 2 pm
Central Time

Home equity financing
1-888-667-1772
Mon – Fri: 24 hours a day
Sat: 2 am – Sun: 1 am
Sun: 2 am – Midnight
Central Time

Home equity loan and line customer service
1-866-820-9199
Mon – Fri: 7 am – 7 pm
Sat – Sun: 8 am – 4:30 pm
Central Time

Equal Housing Lender

  • Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A.
  • Non-conforming mortgage loans
    Loans that do not satisfy the underwriting guidelines and loan amount limits set by Fannie Mae and Freddie Mac.

    Fannie Mae and Freddie Mac
    Congressionally chartered, shareholder-owned corporations that were created to help support a reliable and affordable supply of mortgage funds. They buy mortgages from lenders for their portfolios or to sell as packaged securities.

    Conventional conforming mortgage
    A mortgage that is not obtained under a government program (FHA or VA) and satisfies the underwriting guidelines and loan limits set by Fannie Mae or Freddie Mac.

    Variable interest rate
    An interest rate that may fluctuate or change periodically, often in relation to an index, such as the prime rate or other criteria. Payments may increase or decrease accordingly.

    © 1999 – 2016 Wells Fargo. All rights reserved. NMLSR ID 399801


    Wells Fargo – Personal & Business Banking – Student, Auto & Home Loans – Investing


    #apply for mortgage

    #

    Wells Fargo Personal

    We provide links to external websites for convenience. Wells Fargo does not endorse and is not responsible for their content, links, privacy or securities policies.

    Important notice regarding use of cookies: By continuing to use this site, you agree to our use of cookies as described in our Digital Privacy and Cookies Policy.

    Brokerage products and services are offered through Wells Fargo Advisors. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC. non-bank affiliates of Wells Fargo Company and is intended only for United States residents. WellsTrade ® is offered through Wells Fargo Advisors, LLC.

    Wells Fargo Insurance, Inc. (Minneapolis, MN) is a licensed agency that represents — and is compensated by — the insurer based on the amount of insurance sold.

    Investment and Insurance products:

    • Are Not insured by the FDIC or any other federal government agency
    • Are Not deposits of or guaranteed by a Bank
    • May Lose Value

    Deposit products offered by Wells Fargo Bank, N.A. Member FDIC.

    Equal Housing Lender

    © 1999 – 2016 Wells Fargo. All rights reserved. NMLSR ID 399801


    Mortgage – FHA Loan and VA Loan – Wells Fargo #mortgage #online


    #fha mortgage rate

    #

    FHA and VA Home Loan Programs

    • Available in a variety of fixed-rate and adjustable-rate loan options.
    • Has down payment options as low as 3.5%.
    • May allow you to use a gift or grant for all or a portion of the down payment or closing costs.
    • Lets you add extra features such as a temporary buydown .
    • You typically have to pay upfront and monthly FHA mortgage insurance premiums.
    • Provides financing for qualified veterans, reservists, active duty personnel, or eligible family members.
    • Available in a variety of fixed-rate and adjustable-rate loan options.
    • Allows closing costs to come from a gift or grant.
    • Has low-and-no-down payment options
    • Lets you add extra features such as a temporary buydown .
    • Requires less cash upfront for your down payment and closing costs.
    • Available for all income levels.
    • Allows a new buyer to take over the loan if you sell your home (subject to loan approval).
    • Allows a co-applicant to help you qualify even if the person doesn’t live in the home.
    • Provides a wide range of rate, term, and cost options.
    • Doesn’t require monthly mortgage insurance .
    • Provides the potential for minimal out-of-pocket expenses with seller contributions.
    • An FHA loan has the benefit of a low down payment but there are other loan products with the same option.
    • Be certain to ask your home mortgage consultant to help you compare the overall costs of all products, including the monthly and long-term costs and conditions of the required mortgage insurance.
    • You can typically only have one FHA mortgage at a time.
    • In many instances, you may find an FHA loan to be a more expensive financing option and should be considered after thoroughly evaluating all other product options that meet your credit qualifying and financial needs.
    • With a VA loan, you typically have to pay a one-time VA funding fee that can be financed into the loan amount.
    • You can get financing for your primary residence only.

    Mon – Fri: 7 am – 9 pm
    Sat: 8 am – 6 pm
    Sun: 10 am – 6 pm
    Central Time

    Mortgage customer service

    1-800-357-6675
    Mon – Fri: 6 am – 10 pm
    Sat: 8 am – 2 pm
    Central Time

    Home equity financing

    Mon – Fri: 24 hours a day
    Sat: 2 am – Sun: 1 am
    Sun: 2 am – Midnight
    Central Time

    Home equity loan and line customer service

    1-866-820-9199
    Mon – Fri: 7 am – 7 pm
    Sat – Sun: 8 am – 4:30 pm
    Central Time

    Equal Housing Lender

  • Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A.
  • FHA mortgage insurance
    Insurance provided by the FHA that protects approved lenders against loss if a borrower defaults on an FHA loan. The cost is typically paid by the borrower as upfront and monthly premiums. Amount and terms of insurance paid vary.

    Mortgage insurance
    Insurance that protects the lender against loss if a borrower defaults on a loan. Mortgage insurance is usually required if the down payment is less than 20% of the purchase price.

    VA funding fee
    You are typically required to pay a one-time funding fee on VA loans. This fee ranges from 0.5 to 3.30 percent, depending on your service type, prior use of VA eligibility, and type of loan transaction.

    © 1999 – 2016 Wells Fargo. All rights reserved. NMLSR ID 399801


    Union Plus Mortgage – Wells Fargo Home Mortgages for Union Members #home #loan #rate


    #wells mortgage rates

    #

    Mortgages for Union Families

    Buying a home

    The Union Plus® Mortgage program, with financing available through Wells Fargo Home Mortgage, can help you purchase a home while also receiving special benefits by virtue of your union membership.

    For qualifying members, special benefits include a $500 My Mortgage Gift SM award 1 from Wells Fargo Home Mortgage and, from Union Plus, special hardship assistance and the opportunity to earn a $500 First-Time Home Award .

    The $500 First-Time Home Award will be discontinued on 10/31/16. In order to be eligible, you must have closed on your purchase loan by 12/31/16. Additionally, you will need to apply for the award within 90 days of your closing date.

    $1,000 Mortgage Veterans Grant program for union members who’ve served in the U.S. armed forces.

    How the “Welcome to Your First-Home Award” works:

    If you’re an active or retired union member and used Union Plus Mortgage to purchase your first home, we’d like to hear from you. Share your story by completing an application and providing us a short, written description of your experience with the Union Plus Mortgage process and what owning your first home means to you. As a token of appreciation for your story, we’ll send you a check for $500* .

    If you’re unable to download the application and need one mailed to you, please call 1-800-472-2005, ext. 836, to request an application by mail.

    *Normal processing time for award checks is 60-90 days after we receive a complete application package.

    How the “Union Plus Mortgage Veterans Grant” works:

    If you’re a veteran of the United States Armed Forces and an active or retired union member, who obtained a Union Plus Mortgage through Wells Fargo to finance your primary residence after October 31, 2014, you’re eligible to apply for this special $1,000 grant*. Funding is limited so apply today.

    If you’re unable to download the application and need one mailed to you, please call 1-800-472-2005, ext. 836, to request an application by mail.

    *Normal processing time for award checks is 60-90 days after we receive a complete application package.

    Refinancing a home

    Looking to refinance? The Union Plus Mortgage program, with financing from Wells Fargo Home Mortgage, might be able to help you lower your monthly mortgage payments and/or shorten your loan term.

    The program provides a broad range of financing options to help meet the needs of most borrowers — and when you refinance, you’ll receive a $500 My Mortgage Gift SM award from Wells Fargo Home Mortgage after closing. 1 You’ll also be eligible for special hardship assistance from Union Plus .

    Call Union Plus at (866) 802-7307.

    Who is eligible?

    • All dues-paying labor union members
    • Union member retirees
    • Spouse and domestic partners of union members
    • Parents and children of union members
    • Alliance for Retired Americans members who are retired union members are eligible

    Mortgage loans are available in the United States only and currently not available in Canada, Guam, Puerto Rico or Virgin Islands.

    • ONLY current/retired union members are eligible for the Welcome to Your First Home Award
    • ONLY current/retired union members, their spouses, parents and children are eligible for the Union Plus mortgage assistance program

    Peace of mind with unique union assistance

    When you buy or refinance a home through the Union Plus Mortgage program and experience income loss, turn to Union Plus mortgage assistance. The program provides interest-free loans and grants to help you make mortgage payments when you’re disabled, unemployed, locked out, or on strike.

    Over the life of the Union Plus mortgage assistance program, we’ve provided more than $11 million in assistance to union members. Check details and eligibility for loan/grant assistance here. Note: The first $1,000 is a grant that does not need to be repaid.

    For questions about the Union Plus mortgage assistance program, call 1-800-472-2005.

    Other resources for ALL union members:

    • Federal government’s Home Affordable Refinance Program (HARP)
    • Worried about falling behind on your mortgage payments? The Union Plus Save My Home Hotline may be able to help. Don’t wait until you’re facing foreclosure – call 1-866-490-5361, any time day or night
    • For free budgeting and credit counseling advice, click here or call Money Management International (MMI), the Union Plus Credit Counseling provider at 1-877-833-1745
    • Access free bankruptcy counseling services from Union Plus Credit Counseling
    • And find more debt-reducing resources and tools at UnionPlus.org/CreditClinic

    Union leaders: resources for your members

    For questions about your Union Plus mortgage, contact:

    Wells Fargo customer service
    1-800-222-0238
    Mon-Fri: 6am-10pm; Sat: 8am-2pm CT

    Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. NMLSR ID 399801.

    1. Eligible individuals can receive the Wells Fargo My Mortgage Gift SM promotion approximately 6 weeks after closing on a new purchase or refinance loan secured by a first mortgage or deed of trust with Wells Fargo Home Mortgage (“New Loan”), subject to qualification, approval and closing, when identifying themselves as eligible. The My Mortgage Gift SM promotion is not available with any Wells Fargo Three-Step Refinance SYSTEM ® program, The Relocation Mortgage Program ® or to any Wells Fargo team member. Only one award permitted per new loan. This promotion cannot be combined with any other promotion, discount or rebate except yourFirst Mortgage SM. This promotion is void where prohibited, 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 provided at receipt of award are the sole responsibility of the My Mortgage Gift SM recipient. Please see Terms and Conditions document for more information.

    Wells Fargo Home Mortgage has a services agreement with Union Privilege in which Union Privilege receives a financial benefit for providing agreed upon services. You are encouraged to shop around to ensure you are receiving the best services and the best rate for your home financing needs.