TMCnet News
LendingTree & Military.com Collaborate to Provide VA Loan Options to Military Members, Veterans and Their FamiliesCHARLOTTE, N.C., May 21, 2019 /PRNewswire/ -- LendingTree, the nation's leading online marketplace, today announced a collaboration with Military.com, the leading news and benefits information site for the military and veteran community, to provide VA loan options for military members, veterans and their families, allowing them to compare the best loan options for their VA loans. A VA mortgage loan (also known as a Veterans Administration home loan) is one of the most useful military benefits. Eligible users can buy or construct a home or refinance an existing home mortgage, with no money down, affordable rates, and financing up to $453,100 - more in certain high-cost areas like New York City. "We're thrilled that our partnership with Military.com allows us to serve those who serve or have served our country," said Neil Salvage, President of LendingTree. Military.com features a comprehensive set of tools, articles, and resources on using the VA loan benefit on their site and has been a leader in educating their audience on how to use this valuable benefit. "We are proud to partner with LendingTree and to continue our legacy of connecting our military and veteran community will all the benefits of service. A VA loan is a key component to a service member or veteran's long-term ability to build wealth and establish financial stability. This partnership ensures theywill receive the best information about all of their VA loan options," said Mark Nelson, Vice President of Operations at Monster and Military.com. VA home loans are provided by private lenders, such as banks and mortgage companies. The VA guarantees a portion of the loan which allows lenders to provide the loan with more favorable financing terms. Those eligible to use the benefit include: veterans who meet service length requirements, service members on active duty who have served a minimum period, some reservists and National Guard members, and some surviving spouses of deceased veterans. The VA home loan program was established in 1944 and in 2018, the VA guaranteed over 600,000 home loans worth roughly $160 billion dollars. About Monster About Military.com About LendingTree MEDIA CONTACT: View original content to download multimedia:http://www.prnewswire.com/news-releases/lendingtree--militarycom-collaborate-to-provide-va-loan-options-to-military-members-veterans-and-their-families-300854146.html SOURCE LendingTree |