The Background

Over the past 10 years, Union Home Mortgage, an independent mortgage bank headquartered outside of Cleveland, Ohio, has expanded from a business of 300 Partners to over 1800 in roughly 35 states across the US. In that time, the company has received numerous accolades – considered now one of the top independent mortgage companies in the US and a seven-time Top Workplace Award winner.  

To owner and CEO Bill Cosgrove, however, it wasn’t enough. “I wanted to enhance our company culture and really emphasize the concept of being a Partner, not only to each other, but also to those in need. We wanted to find a way to not only create positive change and impact in Northeast Ohio, but in communities all across the nation where UHM is present.” 

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The Launch

In 2015, inspired by the philanthropic efforts of the Mortgage Bankers Association, Bill launched the Union Home Mortgage Foundation. All of our pillars support and give people the resources to achieve self-sufficiency. A little can go a long way in providing these types of resources and help to guide families in the right direction. You never know how that can change one person’s life trajectory and an entire family, but the Union Home Mortgage Foundation does an excellent job of working with the right organizations to create the biggest and most positive impact possible.”

The Impact

Since 2015, the Union Home Mortgage Foundation has awarded over $1Million in support to nonprofits in our communities with programs in our two main grant areas: financial literacy, and housing. In 2020, the Foundation took efforts one step further in joining the frontlines with our partners in offering direct services to families through our signature programming centered on financial literacy.