Prospect Mortgage Launches Union Benefits Program

SHERMAN OAKS, Calif., Sept. 4, 2013 /PRNewswire/ -- Prospect Mortgage, LLC ("Prospect" or the "Company") has launched a customized Union Benefits Program that provides labor union members and their families assistance toward achieving and sustaining home homeownership. Trade unions play a vital role in the lives of more than 15 million Americans and this new benefit program is designed to meet their members' unique needs.

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"The economic downturn was particularly hard on working families. Prospect's Union Benefits Program provides union members and their families an extra level of service and value to help them participate in the housing market as the economy recovers," said Richard Trosko, National Director of the Union Benefits Program at Prospect Mortgage. "Our objective is to offer home purchase or refinance opportunities through unique mortgage and renovation home loan products that help working families achieve their homeownership and financial goals."

Prospect Mortgage's newly released Union Benefits Program includes:

• Exclusive 'Cash Back' benefits of up to $750.00
• Tailored first-time homebuyer programs for union members
  • Renovation home loans for existing properties in need of repairs or upgrades
  • FHA and VA Loans with little or no down payment
• A wide range of refinance programs at today's low rates
• A union-dedicated sales team with more 50 years of union experience
• Eligibility for all unions members and their immediate family members

"Providing hard working Americans with access to home financing products that meet their needs is critical to moving our economy forward," said Todd McKenzie, Senior Vice President, Strategic Business Alliances for Prospect Mortgage. "Prospect Mortgage is proud to offer our Union Benefits Program, which provides dedicated products and services that support the dream of homeownership for working families."

Information about the Prospect's Union Benefit Program can be found at www.prospectmortgagedirect.com/UnionBenefits.

Prospect Mortgage is a top-10 national home purchase lender offering a full range of quality home loans, including FHA and VA, conventional, jumbo, renovation, and more. For more information about Prospect Mortgage, visit www.MyProspectMortgage.com. Visit Prospect on Twitter at www.twitter.com/myprospectmtg and follow the company on Facebook at www.facebook.com/prospectmtg.

SOURCE Prospect Mortgage, LLC