California Employee Guide

How to Use Your Employer Benefits
to Buy a Home

Most California employees have mortgage benefits they've never used. Here's exactly how to access them — in four simple steps.

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What Most Employees Don't Know

Employer mortgage benefits are one of the most underutilized perks in California. Many major employers — including Kaiser Permanente, LAUSD, CalPERS, PG&E, UPS, FedEx, Dignity Health, Sutter Health, and 30+ others — have negotiated preferred mortgage rates for their employees through lender relationships. Most employees never use them because nobody told them they exist.

The key insight: These discounts don't come from your HR department — they come from mortgage brokers who have established relationships with preferred lenders on your employer's behalf. You access them by mentioning your employer when you apply.

How to Access Your Benefit — Step by Step

1

Check If Your Employer Qualifies

Major California employers including Kaiser Permanente, LAUSD, CalPERS, PG&E, UPS, FedEx, Dignity Health, Sutter Health, LA County, CalSTRS, UC system, SEIU members, Northrop Grumman, Lockheed Martin, and USPS all participate. If yours isn't listed, it's still worth checking — additional programs may apply.

2

Submit a Free Rate Check

Visit MyRateAdvisor.com and fill out a quick form. Mention your employer in the form — this is how your discount gets unlocked. The process takes under 2 minutes and requires no credit pull.

3

Review Your Personalized Options

An experienced advisor will contact you within 24 hours. They'll compare rates across multiple lenders — including any employer-specific discounts — and present you with the best available options for your situation: purchase, refinance, HELOC, or cash-out.

4

Lock Your Rate and Close

If you want to move forward, your advisor handles the full process from application to closing. There's no obligation to proceed after seeing your options.

Frequently Asked Questions

Do I need to tell my employer I'm using this benefit?
No. Employer mortgage benefits are available to you as an employee without any HR involvement or employer notification. You simply mention your employer when you apply — the discount is handled between the mortgage broker and the lender.
Can I use this benefit to buy a home, refinance, or get a HELOC?
Yes — employer mortgage benefits can apply to home purchases, refinances, cash-out refinances, and HELOCs. Your advisor will confirm which products your employer's program covers.
What if I've already started working with another lender?
It's free to get a second opinion. Until you've locked a rate or signed a loan commitment, you're free to compare options. Many borrowers find that comparing a broker quote to their existing offer saves them money.
Is there any cost to check my employer benefit?
No. The initial rate check is completely free, requires no credit pull, and carries no obligation to proceed.

Check Your Employer Benefit — Free

Takes under 2 minutes. No credit pull. No obligation.

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