Online home financing provider VA Mortgage Center.com, headquartered in Columbia, Mo., has added a statistics section entitled "VA Loan Stats and Reports" to its Web site resources. The new feature is designed keep the military and veteran community up to date on options and benefits under the Veterans Affairs (VA) Home Loan Program.
VA Mortgage Center.com says the information on the site is gathered from a variety of sources, including annual community surveys and U.S. census data. Project researchers on the project found, for example, that 80% of VA loan borrowers could not qualify for a conventional loan – despite VA loan foreclosure rates that are on the lower end of foreclosure rates nationwide.
"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.