FOR IMMEDIATE RELEASE

CONTACT: Craig Walton
Director of Public Relations
pr@lowvarates.com
Office: 801-341-2048

(LEHI, Utah, July 1, 2009) – Attention soldiers. The search for the winner of the Independence Day G.I. Low contest has begun. One fortunate veteran or active military personnel will receive a no-cost VA home loan from LowVARates.

The G.I. Low contest will extend through the entire month, beginning on July 1 and concluding on July 31.

The no-cost loan giveaway equals a value of approximately $12,000 and provides the winner an opportunity to gain home ownership or refinance to a lower interest rate in the midst of tough economic times.

Owner of Low VA Rates, Eric Kandell, says the purpose of the contest is to give back to all the men and women who fight valiantly for the U.S. military.

“The military men and women do so much for our country,” Kandell said. “I feel the contest is just a small gesture to show our appreciation for all they do.”

To enter the contest, applicants can apply online at www.lowvarates.com and qualify for an approved VA loan. All applicants applying during the specified time period will become automatically eligible for the contest.

The winner will be selected by a random drawing and notified by phone or email. LowVARates.com will cover all lender fees, broker fees, and third party fees associated with closing a home loan.

“There is no catch or gimmick to this contest,” Kandell said. “We really are giving away a no-cost loan.”

ABOUT LOWVARATES.COM

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.

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For further information please visit: http://www.lowvarates.com/va-loan-blog/gi-low-july-4th-no-cost-va-loan-giveaway

In celebration of our nations independence, LowVARates.com is offering a chance at winning a TRUE no-cost-no-point home loan at a PAR rate during the month of July, 2009 to any and all United States Veterans or active military personnel. This amazing giveaway is valued at up to $12,000.00. A winner will be selected no later than August 15, 2009. It is simple to enter, just complete the online loan application, between July 1 to July 31, 2009.

We know what you’re thinking, what’s the catch? There is no catch! If you are an active military person, or U.S. Veteran you can qualify to win. Low VA Rates has been servicing active military and veterans over the past 10 years and wants to do what they can to help in today’s difficult economy.

For the winner to receive the no-point-no-cost loan, you of course have to qualify for the loan via a Low VA Rates approved lender. If you are selected as winner and then qualify, LowVARates.com will cover all lender fees, broker fees, and 3rd party fees associated with closing your home loan.

G.I. LOW NO COST LOAN GIVEAWAY CONTEST RULES AND REGULATIONS BELOW

NO PURCHASE NECESSARY. OPEN TO U.S. ACTIVE MILITARY AND U.S. VETERANS AGES 18 AND OVER.

* HOW TO ENTER: In order to be eligible or the G.I. LOW No Cost Loan Giveaway you must adhere to the following:

1. Apply for your loan via the website www.lowvarates.com between July 1, 2009 and July 31, 2009 by filling out the online loan application found here: URL.
2. Your loan application must be fully underwritten and approved by an approved LowVARates.com Lender after submission of online application found here: URL.
3. If selected as winner, provide a paragraph bio about yourself, your military service, and a testimonial regarding your experience working with LowVARates.com.
4. If selected as winner, provide a photo of you in front of your home.

* FREE NO COST LOAN DETAILS

1. Loan fees will be paid for by LowVARates.com on a home purchased at a price no greater than $250,000.00, or up to a total fee amount of $12,000.00.
2. Loan will be locked at PAR RATE.
3. Costs that can/will be paid by LowVARates include:
   1. Origination fees, Discount Points, Credit, Processing, Underwriting, Doc Prep, Title Insurance, Escrow, Signing, and Recording costs.
4. Cost that will not be paid by LowVARates include:
   1. Prepaid Interest or Escrows

LowVARates is not responsible for their failure to receive entries due to transmission failures, technical malfunctions and/or other conditions beyond its reasonable control.

* ELIGIBILITY: You must be eighteen or over to enter and win, and a legal resident of, and currently living in the United States. You must also be active military or a United States Veteran. Evidence of such will be required. LowVARates.com reserves the right to deny entry to any and all contestants for any and all reasons of their choosing.

* LIMITATION ON LIABILITY: By entering this Giveaway, entrants agree to be bound by these Official Rules and Regulations, and agree to release the Sponsors and Administrators, and their employees, officers, agents and directors (the Sponsors and Administrators, and such others, collectively, the Released Parties), from any and all liability for injuries, losses or damages of any kind resulting from participation in this contest and/or use or acceptance of any prize.

* GENERAL CONDITIONS: This Giveaway is void where prohibited. The Released Parties are not responsible for technical, network, electronic, computer, hardware or software failures of any kind, including any injury or damage to entrant’s or any other person’s computer related to or resulting from participating in or downloading any materials in the Giveaway. The Released Parties are not responsible for incomplete, garbled or delayed Internet/e-mail computer entries.

* WINNER SELECTION: The prize winner will be selected on or before August 15, 2009 through a random drawing of all eligible entries received. All drawings will be held at the LowVARates.com office. All drawings will be conducted by LowVARates.com, whose decisions and interpretations of these Official Rules shall apply and be final and binding. Winners will be notified by e-mail, or phone. If a winner does not respond and meet the below requirements within one (3) business days of attempted contact, LowVARates.com reserves the right to randomly select an alternate winner from the names of all entries that did not win the prize. In order to receive the prize, winner may be required to sign an Affidavit of Eligibility, Liability Release and, where legally permissible, a publicity release, and may also be required to provide additional information (which may include, but not be limited to, social security or other tax information), waivers and releases. Winners will have three (3) days to provide all such information and to execute and return the Affidavit of Eligibility, Liability Release and publicity release (if required by LowVARates.com). These documents will, among other things, release the Released Parties from any claims, losses, injuries or damages of any kind resulting from participation in the Giveaway or the use or receipt of any prizes, and allow the use of the winners name and likeness. Failure to comply with the foregoing, or the return of any prize or prize notification as undeliverable, may cause the winner to forfeit their prize and LowVARates.com reserves the right to select an alternate winner.

* ADVERTISING: Except where prohibited by law or regulation, winner’s acceptance of prize will constitute permission for LowVARates.com and the other Released Parties to use winner’s name, likeness, and statements for any purpose in reference to the Sweepstakes and this promotion without additional compensation, consideration or consent.

* DISCLAIMER: LowVARates.com is a registered trademark of Valley Capital Investments, Inc.

Copyright©2009 Valley Capital Investments, Inc. / d.b.a. LowVARates.com. All rights reserved.