We are holding the line to keep rates low
NEWDAY USA GIVES VETERANS TWO WAYS TO SAVE
Veteran families looking to buy a home?
Zero Down Home Purchase VA Loan
Click Here
*Jan-Oct 2021: Our customers took out an average of $58,903 in loan proceeds.
**Example: $251,250 loan on a single family primary residence for 30-year term at fixed interest rate of 2.25% (2.48% APR): 360 monthly payments of $960 (monthly payments do not include amounts for taxes and insurance premiums; total monthly payments will be higher). $7,530 in prepaid finance charges including 2% in points. Requires Min FICO of 650. Higher rates for FICOs below Min. Other terms and conditions apply.
We are holding the line to keep rates low
NEWDAY USA GIVES VETERANS TWO WAYS TO SAVE
Save an avg. of $3,000/yr
Veteran families looking to buy a home?
Zero Down Home Purchase VA Loan
Click Here
*Jan-Oct 2021: Our customers took out an average of $58,903 in loan proceeds.
**Example: $251,250 loan on a single family primary residence for 30-year term at fixed interest rate of 2.25% (2.48% APR): 360 monthly payments of $960 (monthly payments do not include amounts for taxes and insurance premiums; total monthly payments will be higher). $7,530 in prepaid finance charges including 2% in points. Requires Min FICO of 650. Higher rates for FICOs below Min. Other terms and conditions apply.
Take advantage of the highest home prices and rates near all-time lows to refinance and save, plus get an average of $60,000 cash out*.
• Plan for retirement
• Money for security today
• No money out of pocket for appraisal
§§
§§ All costs and fees can be financed in the new loan, resulting in a higher loan amount.
*Jan-Oct 2021: Our customers took out an average of $58,903 in loan proceeds
§§ All costs and fees can be financed in the new loan, resulting in a higher loan amount.
§ Time to close starts from receiving customers signed Intent to Proceed, and requires 209+ days from first payment made on existing mortgage.
‡ Income verification may be required in the following states:
CO, IL, ME, SC. Approval requires you to affirm the ability to repay
Take advantage of rates near historic lows. Our Veterans save an average of $2,957/yr on their VA Loan.
• Lower your monthly payments
• Can close in 30 days or less§
• No appraisal, no income verification‡
‡ Income verification may be required in the following states: CO, IL, ME, SC. Approval requires you to affirm the ability to repay
Why rent when you can own? And why not own your dream home when interest rates are so low, and you can purchase with no money down.
• No appraisal fee for you
• No down payment required
• No PMI
- Active duty service member
- Veteran with honorable discharge
- Reservist/National Guard with honorable discharge and sufficient time served
- Surviving spouse of an eligible deceased Veteran
- Spouse of a MIA/POW service member
A message from the Admiral
“We believe, at NewDay USA, we have a noble purpose. We want to be known as America’s mortgage company for Veterans …”
– NewDay USA Executive Chairman, Rear Admiral Thomas C. Lynch, USN (Retired)
“We believe, at NewDay USA, we have a noble purpose. We want to be known as America’s mortgage company for Veterans …”
– NewDay USA Executive Chairman, Rear Admiral Thomas C. Lynch, USN (Retired)
Join more than 75,000 Veterans who trust the NewDay USA team
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“Jordan was "Johnny-on-the-Spot." We had our refinance complete within three weeks. Everything went smooth and quick! We appreciate the professionalism.”
John R.
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“the refinance went very quick. I would like to thank Michael Colman did a great job. was very pleased the way he handled everything. thank you so much. James Beasley”
James B.
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“I am a retired nurse corps LTC currently in another state to manage their COVID surge. It made getting access to my documents difficult. My loan officer took care of...”
Linda G.
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“it was the easiest loan process i ever went through the whole team made sure to keep you informed of where your at in the process and let you know if they need additional info...”
Bradley G.
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“i did my home to save me in the long run i got my home at a lower rate and at the end of it over all save my self 20k so to me that a win”
Richard C.
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“Truly a pleasure to work with Kyle C & Mechelle S. They were always professional & cordial through every aspect of a difficult process. It was truly a pleasure to walk through...”
David S.
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“My loan advisor Elliott was great. He made the whole process easy.”
Michael G.
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“Ms Carley Alexandra Morehead, was very knowledgeable and professional throughout the entire process!”
Lino T.
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“Excellent review of old Loan and simple update to the new data. Good review of our requirements and coming to an exceptional agreement for the new loan. Smart closing and...”
Robert Hofford
Join more than 75,000 Veterans who trust the NewDay USA team
“Jordan was "Johnny-on-the-Spot." We had our refinance complete within three weeks. Everything went smooth and quick! We appreciate the professionalism.”
John R.
“the refinance went very quick. I would like to thank Michael Colman did a great job. was very pleased the way he handled everything. thank you so much. James Beasley”
James B.
“I am a retired nurse corps LTC currently in another state to manage their COVID surge. It made getting access to my documents difficult. My loan officer took care of...”
Linda G.
“it was the easiest loan process i ever went through the whole team made sure to keep you informed of where your at in the process and let you know if they need additional info...”
Bradley G.
“i did my home to save me in the long run i got my home at a lower rate and at the end of it over all save my self 20k so to me that a win”
Richard C.
“Truly a pleasure to work with Kyle C & Mechelle S. They were always professional & cordial through every aspect of a difficult process. It was truly a pleasure to walk through...”
David S.
“My loan advisor Elliott was great. He made the whole process easy.”
Michael G.
“Ms Carley Alexandra Morehead, was very knowledgeable and professional throughout the entire process!”
Lino T.
“Excellent review of old Loan and simple update to the new data. Good review of our requirements and coming to an exceptional agreement for the new loan. Smart closing and...”
Robert Hofford
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Operation Home Stories
We created Operation Home to help as many Veterans as possible buy a home of their own. At NewDay USA, your service is your down payment. You don’t have to save up to move up.
– Executive Chairman, Rear Admiral Thomas C. Lynch, USN (Retired)
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Resources
How to Refinance Your VA Loan
With interest rates near historic 50-year lows, now is a perfect time to think about refinancing your Veterans Administration (VA) home loan.
Read moreWhat Are the Benefits of a VA Streamline Loan
Officially known as a VA Interest Rate Reduction Refinance Loan (IRRRL), a VA Streamline Refinance loan doesn’t require a home appraisal or inspection.
Read moreVA Home Loan Eligibility for National Guard and Reserve Members
As a member of the National Guard or Reserves, you may qualify for a VA home loan.
Read more
NewDay USA is for Veterans
5% of NewDay USA net income is donated to Veteran causes.
75,000+ Veteran Families Served
$21 Billion Loaned to Veteran Homeowners Nationwide
5% of NewDay USA net income is donated to Veteran causes.
75,000+ Veteran Families Served
$21 Billion Loaned to Veteran Homeowners Nationwide