FOOTHILL
RANCH, Calif., Nov. 11,
2022 /PRNewswire/ -- VA home loans may offer a host
of important advantages to United States Military veterans and
active-duty servicemen and women, but persistent misperceptions and
misunderstanding often prevent their use by those who are intended
to benefit. To address this challenge, loanDepot formed its VA
Council to increase awareness and understanding among mortgage
professionals, realtors and veterans themselves.
Comprised of mortgage professionals who are often veterans
themselves and who specialize in serving fellow veterans and
active-duty military personnel, loanDepot's VA Council seeks to
connect and educate industry professionals around the country,
providing resources on the benefits, nuances and misconceptions
surrounding the VA loan so they can better understand it and unlock
its full potential.
"Supporting our nation's heroes for all they sacrifice is in
loanDepot's DNA – and we've created the VA Council to help ensure
more of these brave men and women can tap into the benefit they
have earned through their service," said loanDepot Executive Vice
President John Bianchi. "VA loans
are an outstanding option but are too often shrouded in mystery and
confusion. We aim to dispel the myths so that more of our nation's
servicemen and women can benefit from this important tool."
Among common myths are "A VA loan can only be accessed once,"
"You can only have one VA loan at a time," and "VA loans take too
long to close." Through a series of in-person and virtual meetings
and roundtables, educational materials, and the use of proprietary
technology that helps connect veterans with mortgage professionals
and realtors who specialize in working with the veteran community,
the Council seeks to dispel these myths and create greater
awareness and access to VA home loans.
"Serving my fellow veterans by helping them purchase a home and
build wealth is the ultimate way for me as a loan officer to say
thank you for your service," said VA Council Member Patton Gade, a
loanDepot branch manager and former US Army officer. "By sharing
our knowledge and passion with other industry professionals, the
new VA Council helps to shine a spotlight on this incredible tool
and ultimately empowers loan originators and realtors to better
serve the military community."
About loanDepot
loanDepot (NYSE: LDI) is a digital commerce company committed to
serving its customers throughout the home ownership journey. Since
its launch in 2010, loanDepot has revolutionized the mortgage
industry with a digital-first approach that makes it easier, faster
and less stressful to purchase or refinance a home. Today, as one
of the nation's largest non-bank retail mortgage lenders, loanDepot
enables customers to achieve the American dream of homeownership
through a broad suite of lending and real estate services that
simplify one of life's most complex transactions. With headquarters
in Southern California and offices nationwide, loanDepot
is committed to serving the communities in which its team lives and
works through a variety of local, regional and national
philanthropic efforts.
Media Contact
Jonathan
Fine
VP, Public Relations
(781) 248-3963
jfine@loandepot.com
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SOURCE loanDepot, Inc.