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After years of working with and lending to Veterans, the founding members of The Home Loan Expert LLC saw the need for better lending service options tailored to the unique needs of service members, according to a press release. Veteran feedback only reinforced the group's drive to create a brand-new product to properly serve America's heroes and their families.
"It is our mission to challenge the status quo of VA lending," said Matt Murphy, director of Marketing for the Hero Loan brand. "We will provide the best conditions with fast and reliable service because everything we do, and how we do it, is about our members of the military and not about us."
Hero Loan revealed that the company will handle all paperwork and pay for the appraisal of customers who apply for a loan. The company also stated that it can close in as little as 14 days and still offer rates in the twos, despite the current increase in mortgage rates.
"We launched Hero Loan after quickly realizing the options available for our service members were not what they deserve," said Ryan Kelley, president and founder of The Home Loan Expert LLC. "We looked at what other lenders in the industry were providing and knew we could do a lot better."