Young couple receives a house key to their first home from their real estate agent

Finance ›

SEIU Home Financing Program

Home financing created exclusively for SEIU members

In partnership with


SEIU Home Financing Program


Get access to competitive rates and exclusive discounts using SEIU’s Home Financing Program with Amalgamated Bank

  • checkSEIU members get $1,000 in discounts on application and origination fees1,3
  • checkChoose from flexible adjustable-rate mortgages and stable fixed-rate mortgages2
  • checkGet special discount and features through the First Time Homebuyer Program4
  • checkGet competitive rates and timely approvals
  • checkEasy prequalification and online application process
  • checkTake advantage of refinance lending options


The SEIU Home Financing Program can help make your first home, dream home or refinancing a reality.

Get special member discounts

SEIU members get $1,000 in discounts on application and origination fees, applied at closing.1,3

Buy your first home with just 5% down

The special First Time Homebuyer Program4 includes discounts and features designed to help make homeownership a reality. This mortgage requires just a low 5% down payment and is available on certain adjustable-rate and fixed-rate mortgages for conforming loan limits.

Strike protection included

SEIU members are eligible for strike protection, which means Amalgamated Bank will waive up to three late payment fees in the event that a member’s local is on strike.1,5

A reliable partnership

Buying or refinancing a home is a big commitment. Amalgamated Bank will put you first and help find an affordable mortgage that fits your needs so you can move forward with confidence.

“I bought my house through the Union program. It was the best deal and I love that my union put me in a home!”
—Cimmeron G., SEIU Local 503



Amalgamated Bank logo

Founded by Labor, for Labor.

Founded by a union nearly a century ago, Amalgamated Bank has kept their commitment to working people by advocating for workers’ rights, supporting a fair banking system, and offering affordable financial services for unions and their members.

As the largest majority union-owned bank in the nation, Amalgamated Bank is uniquely positioned to serve SEIU members.


Explore your SEIU Home Financing Program options online

Join online

  1. Make sure you’re signed in to your SEIU Member Benefits account.
  2. Click the “Apply Now” button above to launch the Amalgamated Bank Mortgage Center.
  3. Complete the application in as little as 20 minutes.
  4. When you have completed the application, click “Submit” and your information will be reviewed.
  5. An Amalgamated Bank Loan Officer will follow up to answer your questions.

Additional Information

1. To be eligible for the benefits under SEIU Home Financing Program, applicants must identify themselves as SEIU Members during the loan application process. SEIU membership is subject to verification.

2. All loan applications are subject to credit, property approval and income verification. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions and limitations apply. Amalgamated Bank conducts Residential Lending in the following States: AR, CA, CO, CT, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, NJ, NY, NC, NH, NM, OH, OK, OR, PA, SC, TN, TX, UT, VA, VT, WA, WV and DC.

3. The discount includes a $300 reduction from Amalgamated Bank’s standard application fee and a $700 discount in Amalgamated Bank’s Origination fee. Discounts will be applied at closing.

4. First Time Homebuyer Program: The Program is available only to qualified first-time homebuyers. Income, geographic, and other restrictions, and limitations apply. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states or for all amounts. All loan applications are subject to credit and property approval, collateral verification, and Amalgamated Bank’s terms and conditions.

5. Strike protection is only available on loans held in Amalgamated Bank’s portfolio. If loan servicing is sold to another financial institution, late fees may not be waived in the event of a strike.

© 2023 Amalgamated Bank. All rights reserved. Equal Opportunity Lender. Amalgamated Bank NMLS ID# 898791.

Equal Housing Lender