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NewDay USA Offers Vets And Servicemembers 2.25 Percent Rate

Navi Persaud
Dec 08, 2020
NewDay USA Logo

NewDay USA is offering veteran families the opportunity to use their VA benefit to purchase a home at an interest rate of 2.25% with no down payment or appraisal fees. The new offering is part of the company's Operation Home, which promotes homeownership for military borrowers.

"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."

The company will also be sponsoring the Army-Navy football game which takes place on Dec. 12.

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, according to a press release. The Foundation contributes 5% of its net income to veteran charities.

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