CWA Contest Winner Receives Two Monthly Mortgage Payments
When life circumstances forced Deborah Weischedel to sell her house a couple years ago, Weischedel wanted to get into another one as quickly as possible.
Home ownership is nothing new for West Chester, Pa., resident Deborah Weischedel. Having been a homeowner most of her adult life, she is well-acquainted with the benefits of home ownership. However, when life circumstances forced her to sell her house a couple years ago, Weischedel wanted to get into another one as quickly as possible.
"I’m recently divorced. I’m getting back on my feet again, I had to sell a big, beautiful house that I owned on acres of land. Being able to buy something of my own again was a big priority for me."
The Union Plus Mortgage Program, with financing provided by Wells Fargo Home Mortgage, helped Weischedel purchase a new house, which she moved into in July 2013. She received an e-mail regarding the Union Plus Home Sweet Home Contest earlier this spring and decided to enter.
“I don’t usually enter contests, but it seemed like such a simple process,” she said.
Homeowners with a Union Plus Mortgage were eligible to win either a first-place prize of two monthly mortgage payments or a second-place prize of one monthly mortgage payment (up to $1500 each). Contestants simply needed to upload a photo of their homes at UnionPlus.org and submit an essay explaining what home ownership means to them.
"I’ve been a homeowner almost my entire life up until the past couple years," Weischedel said. "It was devastating to have sold my home. To have a place of my own and not throw away money on rent, to be able to work toward something – it just gives you a feeling of confidence."
Much to her surprise, Weischedel, who serves as treasurer for CWA Local 13301 in Ridley Park, Pa., won the contest’s first place prize.
"I’ve never won anything of any significance; I was very excited," Weischedel said. "Being a new homeowner, there are things I need to get done to make it more of my own. That helps me get these projects started."
Union members can apply for a mortgage loan through the Union Plus Mortgage program by phone or meet with a home mortgage consultant face-to-face in areas where Wells Fargo has branch office locations. The program provides a full range of competitively priced mortgage loans for purchasing and refinancing, including conventional, FHA and VA loans.
Weischedel is quick to tell fellow union members about benefits offered through Union Plus.
“I always tell people at meetings about the Union Plus programs,” she said. “There are so many good benefits for union members.”
Thanks to Union Plus, Weischedel is once again a homeowner, and she can attest that it is home sweet home.
“It’s such a good feeling to be back working toward goals in life,” she said. “Everything is good.”
The Union Plus Mortgage program has provided more than $40 billion in mortgages to help more than 260,000 union members and their families buy or refinance a home. It is packed with special benefits tailored to meet the needs of active or retired union members, as well as their parents and children, who want to buy or refinance a home.
Some of the benefits of the Union Plus Mortgage program include:
- Hardship Assistance – Union Plus Mortgage Assistance1 helps members and their families who are unemployed, recently disabled, on strike, or locked out make their mortgage payments with interest-free loans and grants. Mortgage Assistance has provided more than $11 million to help members keep their loans current and stay in their homes.
- Award Card – Union members and their families receive a Wells Fargo My Mortgage GiftSM award card after closing on a purchase or refinance loan, $500 for buying a home or $300 for refinancing a home2
Learn more about the
Union Plus Mortgage program
And if you have a home to buy or sell, look into Union Plus Real Estate Rewards which provides discounts to union families, over 4,600 experienced, pre-screened agents nationwide, and even offers a cash-back rebate program, available in most states.
1The Union Plus® Mortgage Assistance Program is 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 www.unionplus.org//hardship-help/mortgage-assistance.
Home equity financing is not eligible for the benefits of this program. Union Plus® is a registered trademark of Union Privilege.
Information is accurate as of date of printing and is subject to change without notice.
2 Eligible individuals can receive the Wells Fargo My Mortgage GiftSM 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 GiftSM award 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 My Mortgage Gift award is permitted per eligible (“New Loan”). This award cannot be combined with any other award, discount or rebate, except for yourFirstMortgageSM. 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 provided at receipt of award are the sole responsibility of the My Mortgage GiftSM recipient.
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 services and loan terms that fit your home financing needs.
Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A.
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