• Refinance

  • Purchase

  • Apply Now

Posts Tagged ‘veterans’

The History of Memorial Day and Memorial Day Facts

Monday, May 23rd, 2011

Memorial Day is observed on the last Monday of May and is a United States federal holiday. The day was formerly known as Decoration Day and is observed to commemorate U.S. soldiers who died while in military service. Memorial Day is celebrated in different ways by different people. Some visit cemeteries and memorials, while others travel; as it’s often seen as the beginning of the summer vacation season. Below you will find additional information on the history of Memorial Day and some interesting facts about the holiday. Please help us pay tribute to America’s fallen soldiers by leaving a comment below, and sharing this graphic with a friend.

Click Image to Enlarge>>
History of Memorial Day and Memorial Day FactsClick Image to Enlarge>>

SHARE

To put this graphic on your web site, just highlight, and copy and paste the HTML code below:

How VA loan officers can show their appreciation to Veteran and Military clients.

Friday, May 21st, 2010

Being in the mortgage industry for the past 8 years I have come to realize that showing appreciation to your clients is a must. If I were running my own company I would even make it mandatory for VA loan officers. If you think about the process of buying a home it would seem like the Broker holds all the cards, but in reality it’s the Solider or Veteran.

The Loan Officer works for them, not the other way around. At any time during the process of completing the application and closing of escrow, the client – if they want – can find someone else to work with. I don’t want to sound like VA loan officers have no value or bring nothing to the table, its just good to understand what my responsibility is – WHICH IS HELPING THE SOLDIER/VETERAN! Without them I cannot put food on the table, but they can still get a VA loan without me.

I hope that did not sound like a rant, I just want to get the point across of how important the Veteran is.

There are many ways that I can show appreciation for Veterans and Soldiers buying homes. Let me list some of what I have done:

1. Give them the service they deserve. When talking with them on the phone or in person be sure to thank them for their military service. Sometimes address them using their Rank – this shows respect. Be prompt in your timelines and expectations.

2. Offer the best rates. Be competitive in the marketplace. Veterans and Soldiers will know if you are giving them higher VA interest rates and higher fees. I’m not suggesting doing the loan for free, but don’t “stick it” to them either. Trying to back pedal after you’ve been “caught” offering a bad deal is not a fun situation to be in.

3. Communicate. This is key. The best clients I have are the ones where I talk with them about the process of buying a home. I always try to educate Veterans or Active Military. Before closing explain to them how the final settlement statement looks and if there are any changes regarding rates, fees etc. NEVER DO A BAIT AND SWITCH!

4. Give them something of value. This is not too much to ask. Something simple like a Home Depot gift card or a house warming gift. The most recent purchase I did was here locally in UT. There were some speed bumps along the way to say the least. At the closing table I brought in a gift basket full of over the counter medicine as a joke. I also had some dish towels for the wife. They did not expect this, but they were very grateful because it was going above and beyond the call of duty.

5. Follow up. After the dust settles and your clients have moved in or completed their refinance, call them and ask how they like their new home or lower monthly payments. Send them birthday cards or Holiday cards.

In order to be successful in this business, you must always show your Veteran/ Active military clients that you care and appreciate them. Before you know it they will be sending referrals to you and that’s when you know you have created a business partner for life.

JP Morgan Chase Bank Does NOT Help Veterans With VA Loans Like They Could

Tuesday, May 4th, 2010

The purpose of this article is not to trash on Chase or JP Morgan but I have got to tell you that when I see a Reuters headline “JP Morgan underwrites securities tied to VA loans” it makes me feel like the media is misleading our veteran home buyers yet again.

In the wake of the mortgage meltdown JP Morgan Chase exited the TPO or brokered loans portal and decided almost over night that they would not even honor locked in TPO loans for veterans.  I personally had to disappoint numerous military families with this bad news and quickly become the bad guy!

I think all vets, military families, etc should keep in mind that JP Morgan Chase did NOT have veterans and VA loans in their interest a couple of years ago when it was needed the most!

Sincerely,

A frustrated VA loan officer

10 Of The Most Rough & Tough Warriors Throughout History

Thursday, January 21st, 2010

1. Viking Warriors

When you picture a Viking warrior, you picture a large burly warrior with animal skin clothing, wielding a double-sided axe and a freakish horned helmet. With the exception of the horns on the helmet (which historians claim were strictly for ceremonial purposes), you’d be right. Sailors and pirates by trade and hailing from Scandanavia, these broad-shouldered brutes raided and roamed the region on long wooden boats and considered “hand weapons” to be far more honorable than bows and spears – a much more intimate way to kill.

Primary Weapons: Battle Axe and Shield
Secondary Weapons: Sword and Spears
Era: 800 – 1100AD

2. Knights

Immortalized by the legend of King Arthur and the Knights of the Round Table, a true knight is a “gentleman soldier” ruled by integrity and honor. Though they may not be as savage as the rest, they were elite warriors with an unwavering commitment to values, faith, loyalty, courage and stewardship over the weak. Universally skilled horsemen, they wore ironclad armor, enclosed helmets and chainmail as they fought fearlessly with swords and pride.

Primary Weapons: Swords and Shield
Secondary Weapons: Spears and Daggers
Era: Middle Ages (400 – 1400AD)

(more…)

Top 10 Technological Advances during Wartime (American)

Wednesday, July 22nd, 2009

Wartime is generally perceived as a time of great duress with incredibly high stakes. It can be tough to think that some of the most important scientific advances in human were born in the throes of war. But if war (ideally) is the ultimate expression of necessity, and necessity is the mother of invention, this point may find greater traction. Historically, in times of war, production goes up, spending goes down, the nation is mobilized and focused toward progress and supportive of innovation. What does than mean? Consider the list below and decide for yourself.

 

1. Atomic Energy – Absurdly efficient energy source capable of powering (or obliterating ) a large city. Used widely throughout the world. WWII

2. Anesthesia – the use of Chloroform began in the Civil War to aid Battlefield Surgeons efforts to cleanly and humanely process the injured soldiers. Shortly thereafter the movement began to gain traction in the private sector, improving medical care by cleaner surgeries and fewer infections. US Civil War.

3. Computer – We live in a wired society. Computers are part of the fabric of our daily lives at work, in the car or at home. Originally conceived and designed during WWII as a code breaking aid. WWII

4. Internet – Conceived and designed in the late 1970’s during the height of the cold war as a defense against nuclear war. The thought was that if vital government information could be stored in a virtual environment, it would be impossible to take out communications at one location. The effect of this advancement is obvious to anyone reading this.  Cold War

5. Satellite Technology – The “Space Race” fueled by the underlying Cold War gave rise to an invention that facilitated better, safer, and more meaningful intelligence gathering activities. Modern day commercial applications have expanded to include the advent of GPS, and of course cable television and wireless internet. Cold War

6. Penicillin – Discovered around the turn of the 20th century, this simple drug which came to prominence during WWII has saved Billions of lives from previously deadly bacterial infections. WWI and WWII

7. Rubber – As the Allied forces scrambled to produce the equipment that would facilitate victory against the Axis powers, a major breakthrough came with the invention of synthetic rubber. Prior to this rubber was harvested via “rubber trees” in the South Pacific and Latin/South America. The invention allowed commercial ventures to explode and grow the American economy to the world’s leading economic power. The most obvious application? Automobile tires. WWII

8. Jet Engine – Aeronautic technologies were able to “take off” in WWII & the Korean War Conflict with the invention of higher octane, more efficient super fuels, stronger and lighter engines and advances in aerodynamic engineering. Howard Hughes, the filmmaker, billionaire industrialist and international playboy pioneered many technologies which ensured unrivaled American Air superiority to this very day. WWII & Korean Conflict

9. Submarine – Incredibly, while the notion of maritime submersible vehicles have been “floating” around since the early 1600’s, the first rudimentary (yet viable) submarine was launched in 1775. American Revolutionary War

10. Pepto Bismol – Pink Bismuth may not mean much to most, but for those of us this summer who suffer with the occasional post-hot dog heartburn this is a lifesaver. Originally conceived during WWII, this product was introduced commercially directly after the war. And the rest is