
LAS VEGAS, NV – Bill Edwards, Chairman & CEO of Mortgage Investors Corporation (pictured right), commemorated Veterans Day by making a $200,000 donation to Airboss Walt Fricke of the Veterans Airlift Command (pictured left), a non-profit veteran support agency.
The Veterans Airlift Command (VAC) provides free air transportation to wounded warriors, veterans and their families for medical and other compassionate purposes through a national network of volunteer aircraft owners and pilots. The VAC serves veterans of Iraqi Freedom and Enduring Freedom (Afghanistan) as well as veterans of other conflicts as capacity allows. For more information on the organization visit www.veteransairlift.org.
“Through monetary donations and use of his private aircraft, Mr. Edwards has supported the Veterans Airlift Command at a level unprecedented by other donors,” said Walt Fricke, founder of the organization as he accepted the donation on behalf of VAC. “His support for our organization has enabled us to assist countless veterans in our mission and we salute him.”
A decorated Marine Corp. veteran, Mr. Edwards is an entrepreneur who serves on the advisory board of many philanthropic organizations including the Veterans Airlift Command. He is active in numerous local, regional and national community and charitable organizations, including the U.S. Central Command Memorial Foundation, All Children’s Hospital Foundation, MusiCare Foundations, Edwards Family Foundation, Association for the Cure of Cancer of the Prostate (CaP CURE), among others.
He is also Chairman & CEO of Mortgage Investor Corporation a company founded in 1938 for the sole purpose of serving American homeowners. A proud member of the Mortgage Bankers Association, Mortgage Investor Corporation has been approved as a mortgage lender by the Federal Housing Administration and the Veterans Administration. Its experience and expertise has resulted in more than 300,000 satisfied veterans and more than $30 billion dollars in loans in the last 15 years alone. Mortgage Investors Corporation is proud to be the recognized leader in VA home loan origination and to have been able to help hundreds of thousands of American soldiers make home ownership a reality. For more information go to www.mortgageinvestors.com.
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Because they are backed by the Department of Veterans Affairs, VA Mortgages and Refinancing continue to have the least amount of delinquencies and foreclosures. in the industry. According to Mortgage Investors, VA’s foreclosures or the last two years and delinquencies over the last year are the lowest of all measured loans, including prime loans.
Posted in Uncategorized | Leave a commentThe 12th Annual VA Lenders Conference will be at the Lakefront Embassy Suites in Chicago on October 13 and 14, 2010. Mortgage investors admission to the conference is free. Call 1-800-827-0611, then press option 3, or email us at rlctt@va.gov, to get information.
Posted in Uncategorized | Leave a commentVeterans hurt by the Gulf oil spill could get their mortgage payments delayed if they happen to be guaranteed by the Department of Veterans Affairs. The VA’s Loan Guaranty Home Loan Program website gives basic information on how veterans who were affected by this major disaster can get help. Veterans in need of mortgage counseling can call 1-877-827-3702 to speak to their nearest VA regional loan center whether they have a VA loan or not.
Posted in Uncategorized | Leave a commentA mortgage investor warned me to be careful of scam and rip off artists. They’ll come around offering too give you “help” by paying off your mortgage or giving you money after your house sells. What then happens is they don’t make the mortgage payments and the house gets foreclosed. Sometimes they even tell you that you have to move out quickly so they can rent the house and collect the rent for themselves until the house is foreclosed.
Posted in Uncategorized | Leave a commentAmerica’s military veterans who refinanced their mortgages expecting to get lower mortgage rates got something different instead – they may have been cheated on fees by their banks says a lawsuit filed in federal court. That’s why veterans need to make sure they use reputable firms like Mortgage Investors Corporation. One of the great things about Mortgage Investors Corporation is that they are veteran owned and operated. That’s why you can be sure Mortgage Investors Corporation will watch out for you the same way they have been watching out for veterans for over 70 years.
Posted in Uncategorized | Leave a commentThere are many ways a Vet can restore an entitlement. The first and easiest way it to pay off the Veterans loan and dispose of the property that your VA loan refinanced. This could include selling the house and using the proceeds from the sale to pay off the VA Loan. Just one example of how your entitlement would be restored.
Posted in Uncategorized | Leave a commentMortgage Investors say a big misconception about the Veterans Home Loan Guaranty Program is it’s a one-timeprogram. Vets believe once they have a Veterans loan, they can’t ever get one again. That’s not true because aslong as a Vet has entitlement, the benefit can be as many times as he or she wants. And what’s an entitlement?
It’s what each Veteran eligible borrower gets in the way of a Veterans loan guaranty. Sometimes entitlement can need to be restored from a former loan to cover the new loan a veteran wants.
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