DALLAS, Nov. 2, 2015 /PRNewswire/ -- National home loan lender PrimeLending, a PlainsCapital Company, announced that it is offering a $500 closing cost discount* during the month of November for active military service members and veterans who buy or refinance a home with a VA loan through PrimeLending. The savings are offered to honor and recognize veterans and active-duty military personnel in conjunction with this coming Veterans Day.
VA home loans are guaranteed by the U.S. Department of Veterans Affairs. With a VA home loan, veterans and active-duty military can buy or refinance a home with 'make-sense' underwriting, reasonable credit and income requirements, very low interest rates and no required down payment. The VA loan, more than any other, includes guidelines to protect the veteran or service person's rights and pocket book.
"We are so honored to serve veterans and active military personnel entering the housing market," says Steve Thompson, PrimeLending's Executive Vice President and National Production Manager. "These brave Americans are entitled to this benefit for their service to our country, and we at PrimeLending aim to exceed their expectations. Our home loan experts know how to help veteran and active military borrowers navigate the VA home loan process and simplify the paperwork."
For nearly 30 years, PrimeLending has been dedicated to providing service beyond expectations to homebuyers. Offering fixed-rate, adjustable-rate, FHA, VA, USDA and jumbo home loans, refinancing and relocation programs, PrimeLending is licensed to originate and close loans in 50 states and the District of Columbia.
PrimeLending, a PlainsCapital Company (NMLS: 13649), is a national residential mortgage originator. In 2012, 2013 and 2014, PrimeLending was listed as a top 10 mortgage lender in the nation in purchase units.** Founded in 1986, PrimeLending is a member of the PlainsCapital Corporation family of companies. PlainsCapital Corporation is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH) Find more information at PrimeLending.com.
* A credit from PrimeLending will be applied at the time of closing. This offer is valid from November 1-30, 2015. Borrower must lock their loan between 11/1/15 and 11/30/15 to be eligible. Only one offer per loan transaction is available, savings cannot be combined with any other offer, and are valid only for funded, closed loans. Savings will reflect on the Closing Disclosure. Savings apply only to direct originations made by PrimeLending for mortgage purchase or refinancing transactions, and not on loans obtained through a mortgage broker. All loans are subject to credit approval and must meet VA eligibility requirements. Rates and fees subject to change. Mortgage financing provided by PrimeLending, a PlainsCapital Company. Equal Housing Lender. This release is for distribution to business entities only - not for direct consumer distribution.
** Ranked by Marketrac® for purchase units nationally for Jan.-Dec. 2012, 2013 and 2014.
© 2015 PrimeLending, a PlainsCapital Company.