Last year in a press release dated 1-28-09 (Mortgage Industry Faces Huge Bottleneck), LowVARates tried to educate and explain to all military and veteran home owners and buyers that the amount of time needed to process, underwrite and approve VA loans would be substantially longer than normal.

Due to recent drops in VA mortgage rates that have hit historically low levels, the mortgage industry is now facing similar issues to those in early 2009.  One approved VA lender, Flagship Financial Group branch 403 has said the following recently, “In the last 2 weeks we have seen our big lenders like Wells Fargo, Freedom Mortgage and Met Life all drastically slow down in the amount of time it is taking them to get our VA loans approved.”  It is tough because the home owner normally does not normally want to hear excuses and just wants the loan to get done quickly!”  “In all honesty our hands are tied.” said Nate Burt, Loan Officer.

All Veterans and military home owners should understand that patience is needed at times like this.  We looked into the published VA underwriting turn times from some lenders and they have almost tripled from where they were just a month ago.  It is important that loan officers educate and communicate with their clients so as to make sure everyone’s expectations and set correctly.

Nov. 3, 2009, Lehi, UT- Thanksgiving Day dawns the beginning of the holidays and represents the season to give.  It’s almost as if giving and the holiday season have become synonymous. 

 However, the men and women of our U.S. Armed Forces dedicate the entire year in our behalf, giving their lives to ensure our safety and comfort. 

 This year LowVARates.com has decided to give back to one of our loyal military families through the “LowVARates.com Thanksgiving Feast Giveaway.”

 The winner of the giveaway will receive a free family dinner on Thanksgiving Day November 26, 2009.  The restaurant chosen will include an exclusive banquet room for the winner and their family.

 Owner of LowVARates.com, Eric Kandell, hopes the contest will give a deserving Utah military family an extravagant Thanksgiving dinner.

 “Hopefully we can help a family in Utah receive a Thanksgiving dinner that otherwise would not get one,” Kandell said.  “Everybody deserves a Thanksgiving feast and we want to make that a reality for a Utah military family in need.”

 According to the Department of Defense, the U.S. military is deployed in over 150 countries with around 25% of its active duty soldiers serving in foreign countries. 

 Many military families spend holidays, like Thanksgiving, with a family member deployed on military service.  This can make the holiday season a particularly tough time to have a loved one away from home.

 The contest is designed to help a Utah military family to have an enjoyable Thanksgiving Day dinner even amidst sad or tough times. 

 Families can nominate themselves or another military family in need.  To enter the contest, please submit a 200-300 word essay to PR@LowVARates.com and tell us why the military family should be selected.

 Please include the following information:

1)      Your Name

2)      Address

3)      Contact Information (Phone # or Email)

4)      200-300 word essay

5)      Name of Family You are submitting for the contest (You can submit your own family or another family in need)

 “If we can just help one military family have a happy Thanksgiving that will be worth it,” Kandell said.  “We just want to thank the men and women of the U.S. Armed Forces.”

 The family must be associated or enlisted with the military or they will not qualify for the prize.  All entries must be submitted by November 20^th to enter the giveaway.  LowVARates.com will pay for dinner for up to 10 individuals.  Any number more then 10 will not be compensated.

CONTACT:

Craig Walton

Director of Public Relations

LowVARates.com

PR@LowVARates.com

Office:  801-341-7048

LowVARates.com
Lehi, UT –

LowVARates.com announces its plans to exhibit at the Soldier Equipment & Technology Expo & Conference to be held at the Crown Expo in Fayetteville, North Carolina, from November 17-18. Soldier Equipment & Technology Expo & Conference is the most extensive dedicated soldier equipment product exhibition of the year. The products and services displayed at this event are essential to providing the mission-specific equipment required to meet current and future threats.

For the past 20 years LowVARates.com has been dedicated to serving veteran homeowners. We specialize in providing VA loans to qualified veterans for mortgage purchases and refinances. These loans provide lower interest rates and monthly payments than other traditional loans. VA loans are currently the only program left that allows no-money-down loans providing a secure mortgage option guaranteed by the Federal Government. Our professional staff and loan officers will assist you to lock in low interest rates and take advantage of the unique opportunity provided through VA loans.

“We are delighted that LowVARates.com is joining us for the most extensive product exhibition focused on the needs of Special Operations and the Fort Bragg community, at IDGA Exhibitions’ Soldier Equipment & Technology Expo & Conference,” says Michael Gallo, Managing Director of IDGA Exhibitions. “LowVARates.com provides piece of mind to our war fighters through issuing specialized VA mortgages. We look forward to helping them further connect the LowVARates.com brand to the community.”

Press Contact: Craig Walton

email: craig.walton@lowvarates.com

About IDGA

The Institute for Defense & Government Advancement (IDGA) is a non-partisan information based organization dedicated to the promotion of innovative ideas in public service and defense. IDGA brings together speaker faculties comprised of military, government, vendors and academia while attracting delegates with decision-making power from military, government and defense industries. For more information, please visit http://www.idga.org.

Press Contact: Alison Sperling

email: alison.sperling@idga.org

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LowVARates.com donated 250 hot dogs to military personnel at the Hogle Zoo in Salt Lake City Utah. Veterans and active military personnel were honored with a number of activities, including the free hot dog.

(Salt Lake City, Utah, July 6, 2009) – Nothing is better, or more American, then eating a hot dog in the blistering heat of July. If you don’t believe it, ask any of the 250 military families who chowed down their FREE hot dog at the Hogle Zoo this past Friday.

In association with the Hogle Zoo’s Military Appreciation Days, LowVARates.com honored our country’s armed forces with the ultimate American gift, the hot dog.

The day was memorable as thousands of military personnel poured through the crowded front gates of the Hogle Zoo to enjoy the various festivities.

As the families entered the zoo, they were surprised with a coupon for a free hot dog courtesy of LowVARates.com.

“Everyone loves a free hot dog,” said owner of LowVARates.com Eric Kandell. “When we heard the Hogle Zoo was honoring our country’s armed forces, we really wanted to be a part of the activities.”