Company CEO says they expect to loan more than $7 billion to veteran families this year
NewDay USA has announced plans to expand its mortgage team by the end of 2020 to meet the needs of veteran borrowers.
The VA mortgage lender said Monday that it is on track to serve more military families during the coronavirus outbreak and through the year. NewDay USA founder and CEO Rob Posner added that they plan to loan more than $2 billion in the second quarter alone, and a total over $7 billion in 2020.
"I'm proud and honored that NewDay has become the trusted partner that veterans and servicemembers turn to during this national health crisis," Posner said. "It's NewDay's mission to help every veteran realize the American dream of homeownership or refinance and save money by accessing their hard-earned VA benefits."