Union Plus
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Busy IFPTE member enjoys convenience of Union Plus mortgage

Sharon Ostermann, a veterinarian in California, was able to safely and conveniently refinance her family’s home with the Union Plus Mortgage Program during the Covid-19 pandemic.

Busy IFPTE member enjoys convenience of Union Plus mortgage

Sharon Ostermann doesn't have a lot of free time. She's one of just two veterinarians at a municipal animal shelter in California and she's the mom of a three-year-old boy.

So, she was grateful to find out refinancing through the Union Plus Mortgage Program could mostly be done online. Ostermann and her husband were able to sign loan documents outside, enabling everyone to stay safe during the Covid-19 pandemic. And closing took place after hours when their son was asleep — which meant they didn’t have to find and pay for childcare.

"It was really easy," recalls Ostermann, a member of the International Federation of Professional and Technical Engineers (IFPTE) Local 21 since 2014. "It was safe and comfortable for everybody."

With financing available through Wells Fargo Home Mortgage, the Union Plus Mortgage Program helps union members, their parents and their children purchase or refinance their homes while also offering exclusive union member benefits.

The couple soon found out there are a number of benefits to the Union Plus Mortgage Program, an award after closing on a refinance loan valued at $3001.

Ostermann encourages fellow union members to keep up with Union Plus emails and the latest programs and perks.

"It's a benefit we’re already getting," she says. "We're paying our union dues, we might as well take advantage of the discounts."

Ostermann recently received a bonus benefit — she won $1,000 in a sweepstakes for Union Plus mortgage holders. She and her husband plan to use the sweepstakes money to finish their DIY bathroom remodel and other home improvements.

Mortgage Program

Explore the Union Plus Mortgage Program and its associated benefits.

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1Eligible individuals will be sent redemption instructions for the My Mortgage GiftSM 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 award is not available with The Relocation Mortgage Program® or with any Wells Fargo employee mortgage offer. 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 as described in the Terms and Conditions. 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 (available at wellsfargo.com/mymortgageterms and provided at receipt of award) are the sole responsibility of the My Mortgage Gift recipient.

2The Union Plus® 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 this program and eligibility criteria can be obtained at unionplus.org/assistance.

Union Plus® is a registered trademark of Union Privilege.

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.

Information is accurate as of the date of printing and is subject to change without notice.

Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2021 Wells Fargo Bank, N.A. All rights reserved. NMLSR ID 399801

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