loanDepot's VA Lending Expertise Earns "Best Military Lender" Recognition
Monday, Nov 18, 2024 11:15 am ET
2min read loanDepot, Inc. (NYSE: LDI) has been named one of the year's "Best Military Lenders" by National Mortgage Professional, a testament to its commitment to serving military families and veterans. The recognition highlights loanDepot's strategic investments in VA lending expertise and outreach, empowering military customers to achieve homeownership and build long-term financial security.
Over the past several years, loanDepot has made significant strides in building a best-in-class VA lending program. The company has appointed former military personnel to key roles, including former U.S. Army Sergeant David Smith as Vice President of National VA Lending and U.S. Navy Veteran Bryan Bergjans as National Director of Military Growth and Strategy. Together with loanDepot's VA Council, comprised of Veterans and Veteran spouses, they provide daily education and guidance to originators and underwriters, helping borrowers navigate the VA application process.
"The VA home loan is one of the most powerful tools our nation’s Veterans and active-duty military personnel can use to purchase a home and build long-term financial security," said Smith. "It’s crucial that we educate our servicemembers and Veterans, as well as Realtors and mortgage professionals, about the advantages of the program so everyone who qualifies can take full advantage of this well-deserved benefit and the opportunities it provides."
loanDepot's expansive VA lending portfolio, featuring programs with a 520 minimum FICO score and one of the industry's first VA renovation loans, empowers military customers to achieve homeownership. The VA renovation loan allows veterans to finance home improvements alongside their mortgage, addressing the need for affordable housing options that meet their specific requirements.
Beyond its VA lending program, loanDepot demonstrates its commitment to military families by investing in organizations like the Marine Corps Scholarship Foundation and War Heroes on Water. These investments foster goodwill, generate referrals, and enhance loanDepot's reputation among military communities, driving more VA loan applications.
The Company's dedication to military families has not gone unnoticed. National Mortgage Professional's recognition of loanDepot as one of 2024's "Best Military Lenders" is a reflection of its unwavering commitment to serving those who have served our country. As loanDepot continues to invest in VA lending expertise and outreach, it solidifies its position as a trusted partner for military families seeking to achieve their homeownership dreams.
In conclusion, loanDepot's strategic investments in VA lending expertise and outreach have earned it the prestigious recognition of being one of 2024's "Best Military Lenders." By offering an expansive VA lending portfolio, investing in military-focused organizations, and appointing former military personnel to key roles, loanDepot has demonstrated an unwavering commitment to supporting military families and veterans. As the Company continues to innovate and adapt, it remains well-positioned to serve the unique needs of military customers and maintain its competitive edge in the VA lending market.
Over the past several years, loanDepot has made significant strides in building a best-in-class VA lending program. The company has appointed former military personnel to key roles, including former U.S. Army Sergeant David Smith as Vice President of National VA Lending and U.S. Navy Veteran Bryan Bergjans as National Director of Military Growth and Strategy. Together with loanDepot's VA Council, comprised of Veterans and Veteran spouses, they provide daily education and guidance to originators and underwriters, helping borrowers navigate the VA application process.
"The VA home loan is one of the most powerful tools our nation’s Veterans and active-duty military personnel can use to purchase a home and build long-term financial security," said Smith. "It’s crucial that we educate our servicemembers and Veterans, as well as Realtors and mortgage professionals, about the advantages of the program so everyone who qualifies can take full advantage of this well-deserved benefit and the opportunities it provides."
loanDepot's expansive VA lending portfolio, featuring programs with a 520 minimum FICO score and one of the industry's first VA renovation loans, empowers military customers to achieve homeownership. The VA renovation loan allows veterans to finance home improvements alongside their mortgage, addressing the need for affordable housing options that meet their specific requirements.
Beyond its VA lending program, loanDepot demonstrates its commitment to military families by investing in organizations like the Marine Corps Scholarship Foundation and War Heroes on Water. These investments foster goodwill, generate referrals, and enhance loanDepot's reputation among military communities, driving more VA loan applications.
The Company's dedication to military families has not gone unnoticed. National Mortgage Professional's recognition of loanDepot as one of 2024's "Best Military Lenders" is a reflection of its unwavering commitment to serving those who have served our country. As loanDepot continues to invest in VA lending expertise and outreach, it solidifies its position as a trusted partner for military families seeking to achieve their homeownership dreams.
In conclusion, loanDepot's strategic investments in VA lending expertise and outreach have earned it the prestigious recognition of being one of 2024's "Best Military Lenders." By offering an expansive VA lending portfolio, investing in military-focused organizations, and appointing former military personnel to key roles, loanDepot has demonstrated an unwavering commitment to supporting military families and veterans. As the Company continues to innovate and adapt, it remains well-positioned to serve the unique needs of military customers and maintain its competitive edge in the VA lending market.
