In The News

Military Lender Rolls Out Low 2.25% Rate With No Down Payment, No Points, And No Appraisal Fee

NewDay USA, one of the nation’s leading veteran mortgage lenders, is offering veteran families an opportunity to use their VA benefit to purchase a home at an interest rate of 2.25 percent with no down payment or appraisal fees. As part of NewDay’s Operation Home and its mission to promote homeownership, military homebuyers can receive rates that are among the lowest in the country.

“Today’s low rates give us a historic opportunity to meet our goal to make veterans homeowners,” said Rear Admiral Thomas Lynch, Executive Chairman of NewDay USA. “Many veterans will now have the opportunity to purchase a home of their own for what they pay to rent.”   NewDay USA will be launching its new national advertising campaign at the upcoming annual Army-Navy football game on Saturday, December 12.

“We are proud to be, again, a sponsor of the Army-Navy game, which is among America’s greatest traditions,” said Admiral Lynch, who played for the U.S. Naval Academy alongside Roger Staubach and served as a team co-captain in the legendary 1963 Army-Navy game. “While I’m pulling for my fellow sailors in the upcoming game, it’s also an honor to celebrate all of the active duty and veteran soldiers, Airmen, Marines, and Coast Guardsmen, as well as their families, who sacrifice so much for our country.”

NewDay USA is a purpose-driven organization and is committed to all aspects of a veteran’s life. The NewDay USA Foundation, the company’s philanthropic arm, has provided over $2 million in four-year scholarships for JROTC military high schools across the nation to the children of fallen and disabled military veterans. The Foundation contributes 5% of its net income to veteran charities.