WASHINGTON — The New York Times featured credit unions’ HLPR–Home Loan Payment Relief program–this past Saturday as an alternative to the typical subprime mortgage market.

The article, “Credit Unions: The Silent Source,” outlined the benefits of the program, which is typically for households below the area’s median income but in high-cost areas like New York and northern New Jersey, exceptions have been made. HLPR loans are 1% below the national average and are available in fixed or adjustable rate options.

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