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Leading VA Mortgage Lender Also Achieves Record Monthly Dollar Volume

While Reducing Closing Times to an Average 21 Days


FULTON, MD – November 30, 2017 – NewDay USA, a national VA mortgage lender, today announced that it provided mortgages to a record 1,170 veteran families in October. The company also achieved record loan volume of $265.6 million for the month, its highest monthly loan volume since the company was founded in 1999.


In addition, the company reported that its processing, underwriting, and closing teams closed each of these loans in a record 21 days on average, relieving veteran borrowers of a long, complicated process.


NewDay USA CEO Rob Posner attributed the record month to three primary reasons:  selection, training, and leadership development of a team that is committed to serving Veteran families.


“We are motivated with a sense of purpose and pride, to serve those who have so have so selflessly served. It’s an honor to be a part of giving veteran families the opportunity to achieve the American Dream of owning a home.”


Executive Chairman, Admiral Lynch added, “What makes NewDay USA unique is that we treat every veteran with the deference, dignity, and respect they deserve, and we do everything in our power to say ‘Yes’ if the mortgage makes sense for the veteran family.”