VA Mortgage Center.com In the News

Already this year, it has added almost 100 jobs and opened a third local office to house its nearly 500 employees. Since the end of 2007, the company has grown from 109 employees and $3.8 million in loan volume to more than 480 employees and $1.1 billion in loans.

Gov. Jay Nixon highlighted the incentives Thursday during a stop in Columbia. He says that besides adding jobs, VA MortgageCenter plans to consolidate its three Columbia offices at a single headquarters and offer more products.

VA Mortgage Center is a 9-year-old company that provides home financing and refinancing for service members, veterans and their families. It currently has about 500 employees.

"We're paranoid," says Brant. "We ask ourselves every day, What could happen to cause trouble for our business? Then we take steps to avoid that happening."

"The more (jobs) that we add outside of Missouri, the more we add here for support," Nielsen said. "We're becoming part of the community and trying to add positive things."

Nixon made his statements while touring the offices of VA Mortgage Center.com, a Columbia-based company that specializes in providing home financing to military veterans.

VA Mortgage Center.com is also proud to have Brian Stann as its official spokesman. Brian urges other veterans to take advantage of the benefits earned by their service. "A VA loan is a hard-earned benefit that helps veterans and their families get a step closer to the American dream and the goal of," Brian said.

Gov. Jay Nixon announced today that VA Mortgage Center.com, a company that specializes in providing home financing to military veterans, will significantly expand its operations in Columbia, creating 300 new jobs over the next five years while further investing into the local economy.

"This year, however, we wanted to concentrate on our immediate community; partnering with the Heart of Missouri United Way made perfect sense. Not once has MRC set goals or standards for corporate giving, but when there is a need, we see an opportunity to let our employees respond."

VA Mortgage Center, which provides home loans for veterans and military personnel, has grown from 136 employees to more than 500 in the past three years, and about 400 of them work at the company's three locations in the city.

"A solid business model ... obviously commitment to growth, all of those things happen in a lot of businesses," said Missouri Gov. Jay Nixon. "But a commitment to the folks that have served our country and continue to serve our country ... is especially important to the leadership of the company here."

"I came across the National Survey of Veterans and in this report, it said there were approximately 23 million veterans, and around 41 percent are unaware of all the benefits that are available to them."

VA Mortgage Center is a 9-year-old company that provides home financing and refinancing for service members, veterans and their families. It currently has about 500 employees.

VA Mortgage Center.com, the nation's No. 1 dedicated VA lender, is proud to announce its sponsorship of racing icon Kenny Schrader and longtime NASCAR crew chief and owner Frank Stoddard's FAS Lane Racing.

Paralyzed Veterans of America (PVA) helps veterans obtain mortgages through a new partnership with VA Mortgage Center.com (VAMC). This collaboration will help educate veterans to take full advantage of their VA home-loan benefits.

A unique part, and one of the reasons historically that the VA has one of lowest default rates of any loan program, is the residual income requirement, which the FHA doesn't have.

Mortgage Research Center (MRC), a company that specializes in government-backed financing, can be counted on to make a substantial contribution to the community. For example, the Columbia, Mo.-based company raised $100,000 for its local United Way last year.

"One of biggest hurdles for military men and women in obtaining a VA loan is that a lot of eligible vets are unaware that they have this available," says Nathan Long, CEO of VAMortgageCenter.com

Currently it is the No. 1 dedicated VA purchase lender in the nation, and will secure over $1 billion in VA funding this year. In 2007, Inc. magazine recognized VA Mortgage Center as one of the top 100 fastest-growing small businesses in America.

The Show-Me Central Habitat for Humanity and Columbia-based VAMortgageCenter.com dedicated the new home to Army Sergeant Chris Ruff and his wife Anne.

"We see ourselves as being in a unique position to help veterans by not only providing VA loans, but also by keeping them informed on the state of veterans affairs across the country," says Nathan Long, CEO of VA Mortgage Center.com.

In addition to the two St. Louis firms, two other Missouri-based companies made the 500 list: Columbia, Mo.-based Mortgage Research Center came in at No. 96 with sales growth of 1,555.3 percent and 2007 revenue of $10.2 million

VA MortgageCenter.com currently employs 480 employees and has processed $1.1 billion in loans to US military veterans.

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For a roving Coast Guardsman like Scott Dow, renting was a way of life. But after 21 years of service, Scott knew it was time for a change. And thanks to the unique perks afforded to veterans through the VA loan program, he was able to not only buy his first home, but also trade up for an even better property.

Many veterans who don't qualify for a subprime loan may still be able to get a VA loan, according to Nathan Long, Chief Executive of Mortgage Research Center, a VA approved lender

This site is appealing and it has a lot of information on VA loans and visitors are encouraged to start a loan right there on the site or call their toll free number.

These loans were created with the military lifestyle in mind. It is common that a family must relocate or deal with a member being deployed overseas, which can make it difficult for the family to find financial stability and often leads to a struggle in obtaining a home loan.

"There would have been no way I would have been able to come up with all that money," (new homeowner Kevin) Saunders said, noting without the no money down criteria, he would not be able to purchase a home.

"Long credits VA Mortgage Center.com's success to specialization in VA loans and to having trained VA loan specialists answer every incoming call. The specialists don't have to transfer callers around to get an answer. They often can prequalify the veteran for a loan quickly, then hook veterans up with Realtors experienced in dealing with VA loans.