A HOMEOWNERSHIP PROGRAM BUILT FOR TEAMSTER MEMBERS
STRUCTURED TO SUPPORT YOUR HOMEOWNERSHIP JOURNEY
Purpose-built to prepare and support, not to lend.
Teamster Home Advantage is not a lender. It’s a program designed to help you prepare, starting with your personalized Readiness Profile.
Understand your finances and know what to expect before working with a lender you choose. Participating lenders may offer exclusive member benefits through the program.
That’s your Teamster Home Advantage.
How the Program Works
YOUR TEAMSTER HOME ADVANTAGE IS BUILT ON FOUR KEY COMPONENTS, EACH CREATED TO DELIVER REAL, MEANINGFUL VALUE WHERE IT MATTERS MOST TO YOU.
YOUR HOMEOWNERSHIP READINESS PROFILE
The foundation of your homeownership journey.
Start by building your Readiness Profile. It brings together your finances, documents, and readiness score, so you can make informed decisions with confidence.
Prepare before engaging with a lender and walk into the mortgage process prepared.
ADVOCATE SUPPORT
Build on your readiness with one-on-one support.
Advocates are here to assist you as you move forward, helping you stay organized, understand the process, and prepare for conversations with independent lenders.
PARTICIPATING LENDER OPTIONS
Your path, your choice.
Take your Readiness Profile to any lender, there’s no requirement to use a participating lender.
Participating lenders meet program standards and may offer additional union-backed benefits. You can compare these options to determine what works best for you.
MORTGAGE RELIEF PROGRAM (MRP)
Added protection when you need it most.
The Mortgage Relief Program (MRP) is a union-funded benefit designed to help protect your home during periods of financial disruption.
If a disability, strike, or lockout interrupts your income, MRP may provide temporary payment assistance during an approved period.
MRP is available on eligible mortgages through participating lenders, while Members remain free to choose any lender.
Teamster Home Advantage operates as a homeownership support platform and is not a lender, mortgage broker, or referral service.
IMPORTANT INFORMATION
Mortgage Readiness Platform, Consumer Choice, and Program Protections
The Teamster Home Advantage Program is a mortgage readiness platform designed to help Teamster Members prepare for homeownership. Through the Program, Members have access to educational resources, planning tools, and a personalized mortgage readiness profile that helps them understand affordability considerations and general readiness indicators before pursuing a mortgage.
Members retain full control over their readiness profile. Members may choose to print or export their readiness profile and provide it directly to any mortgage lender of their choosing, whether or not that lender participates in the Teamster Home Advantage Program. The Teamster Home Advantage Program does not require Members to use a participating lender and does not restrict a Member’s ability to shop for, compare, or obtain mortgage financing outside the Program.
Members may elect, at their express direction, to transmit their readiness profile to a participating lender within the Teamster Home Advantage Program framework and may be eligible for additional program features or mortgage options offered by participating lenders, subject to the lender’s eligibility criteria.
Certain union-sponsored benefits and protections, including the Teamster Home Advantage Program Mortgage Relief Payment (MRP), apply only to qualifying mortgages originated through participating lenders within the Teamster Home Advantage Program framework. Mortgages originated outside the Program framework are not eligible for these program-specific protections. Members remain free to choose the lender and mortgage option that best meets their individual needs.
