FOR IMMEDIATE RELEASE
Contact:
Justin Bath
801-493-2827
jbath@ifreedomdirect.com
iFreedom Direct Helps Borrowers Maintain Home Ownership at a Higher Rate with VA Mortgage Programs
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VA’s mortgage industry partners receive praise from Secretary Shinseki-
VA Loan - PRESS RELEASE - September 9, 2010
iFreedom Direct, a leading national VA mortgage lender, is helping military families and veterans stay in their homes at a higher rate than conventional mortgage holders by helping them take advantage of high performing
VA loan programs.
On August 19, 2010, the Department of Veterans Affairs released a statement affirming that home loans guaranteed by the VA continue to have the lowest rate of serious delinquency and foreclosures in the industry. Secretary of Veterans Affairs Eric K. Shinseki praised industry partners saying, “The continued high performance of VA loans is due to the dedication of VA’s loan professionals, the support of our partners in the mortgage industry and most notably, the responsibility of our Veterans and their desire to maintain home ownership.”
Salt Lake City-based iFreedom Direct is helping support veterans nationwide through its specialized VA mortgage services. The company is a top originator of VA home loans, ranked 11th nationally in volume for the first quarter of 2010 by Inside Mortgage Finance. iFreedom Direct prides itself on educating veterans about the VA home loan program, and on helping them maximize those benefits. In addition to providing access to its team of VA loan specialists, the company maintains a website, www.directvaloans.com, with in-depth information on the
VA Home Loan Guaranty program through videos, articles, and instructional materials.
“The VA has so many great resources for veterans,” says iFreedom Direct’s President, Rich Bailey. “It’s great to know that by helping military families take advantage of their home loan benefits, we are placing them in a loan program that has one of the best track records for borrowers being able to make their payments on time.”
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About iFreedom Direct: iFreedom Direct Corporation is a mortgage lender based in Salt Lake City that originates VA mortgages in most states. It currently employs over 300 people, including mortgage originators, in-house processors, closers, and underwriters. Its mortgage professionals, the core group of whom has been engaged in the mortgage lending business since 1985, have helped over a hundred thousand people take advantage of government home loan programs.
