Atlanta-headquartered Equity Prime Mortgage (EPM) announced it is ending its Vetted VA TPO product offering and will instead offer VA loans — which represent nearly 30% of its business — directly under the EPM umbrella.
EPM is the parent company of Vetted VA, which operates as a distinct brand under EPM and functions as a community for educating professionals and veterans about VA home loans.
Putting veterans in homes “is central to who we are and what we do,” said EPM CEO and Founder Eddy Perez, and “by bringing VA loans directly under the EPM umbrella, we are making sure our team can serve them with the full strength and focus of our company.”
EPM noted it partnered with Vetted VA a year ago to launch Vetted VA TPO. The mortgage lender emphasized it “will continue to remain a strong and proud partner of Vetted VA” but “has decided it is best to keep VA lending as a core offering within its own platform rather than a separate vertical.”
EPM also noted that its Empower Mortgage subsidiary, which launched alongside Vetted VA TPO to support conventional lending, will continue to operate under its own brand, allowing the company to leverage the specialized technology and processes unique to conventional loans.
Philip Mancuso, president and partner at EPM, said the move to close out the Vetted VA TPO offering “allows us to streamline resources, innovate faster, and deliver even more value to the veterans we serve.”
“While Vetted VA continues to be an incredible partner and community,” Mancuso added, “keeping VA within EPM ensures we can drive this mission with maximum impact.”
Further, EPM “is determined to lead the way by making [veterans’] homeownership journey as seamless and meaningful as possible,” stated Kenny Phillips, EPM’s chief sales officer.
“EPM remains steadfast in its belief that homeownership is not just the American Dream, it is the American Gift,” the company stated in a release. “By keeping VA loans at the heart of its business, EPM continues to ensure that veterans and their families have every opportunity to achieve that gift.”
