Veterans United Home Loans Explained
Veterans United Home Loans is a full service mortgage lender headquartered in Columbia, Missouri.[3] [4] The company has 28 offices nationwide and is licensed in all 50 states.[5] The company primarily originates VA loans, a mortgage product guaranteed by the U.S. Department of Veterans Affairs.
Veterans United is the largest VA lender in the nation, financing $12.82 billion in total VA loan volume for 2019, up from $10.44 billion in 2018.[6] [7]
History
Veterans United Home Loans was founded in 2002 by brothers Brant and Brock Bukowsky.[8] In 2003, the company named Nathan Long as CEO.
In 2007, Inc. put the company at No. 96 on its list of the 500 fastest-growing private companies based on its three-year sales growth of 1,553.3 percent and loan volume of $10.2 million.[9] [10] [11]
In November 2011, Veterans United launched a 501(c)(3) charitable entity, Veterans United Foundation.[12] A year later Inc. magazine named Veterans United the No. 29 top job creator in the country in 2012.[13] [14]
Veterans United financed $4.1 billion in 2013, accounting for 3% of the VA's total loan volume.[15] [16] The company held 4.4% of the VA loan market share in 2014.[17]
In January 2016, the Virginia Beach Amphitheater announced a 4-year naming rights agreement with Veterans United to rename the venue to The Veterans United Home Loans Amphitheater.[18]
In 2020, Veterans United was named to Fortune Magazine's 100 Best Companies to Work For list for the fifth consecutive year - ranking number 17 overall. Veterans United ranked No. 23 in 2019, No. 32 in 2018, No. 27 in 2017 and No. 30 in 2016.[19]
Financial growth
| Year | Loans financed |
|---|
| 2019 | $12.8 billion |
| 2018 | $10.4 billion |
| 2017 | $10.2 billion |
| 2016 | $10.3 billion |
| 2015 | $7.3 billion[20] |
| 2014 | $5.1 billion |
| 2013 | $4.1 billion |
| 2012 | $3.3 billion[21] |
| 2009 | $1 billion[22] | |
See also
Notes and References
- Web site: Staff Writer . Como Magazine . Como Magazine . 4 June 2020.
- Web site: Veterans United Home Loans . Fortune Magazine . Fortune Media IP Limited . 28 April 2020.
- News: Veterans United Home Loans to host grand opening. The Southeast Sun. 2017-03-14.
- News: Veterans United Home Loans Review 2017 - NerdWallet. 2017-03-17. NerdWallet. 2017-04-04. en-US.
- Web site: Consumer Access - Browser Warning. www.nmlsconsumeraccess.org. en. 2017-03-14.
- Web site: Department of Veterans Affairs 2019 VA Lender Statistics . Department of Veterans Affairs . Department of Veterans Affairs.
- Web site: FY 2018 Lender Loan Volume . Department of Veterans Affairs . 14 March 2019.
- News: Brant and Brock Bukowsky, co-founders, Veterans United Home Loans - Smart Business Magazine. Smart Business Magazine. 2017-02-15. en-US.
- Web site: Mortgage broker grows quickly, with casual style, patriotic niche and scads of employee incentives. 2007-09-22. Columbia Business Times. 2017-02-15. 2017-04-15. https://web.archive.org/web/20170415200341/http://columbiabusinesstimes.com/2007/09/22/mortgage-broker-grows-quickly-with-casual-style-patriotic-niche-and-scads-of-employee-incentives/. dead.
- Web site: Login, Renew or Purchase Mortgage News Subscription MortgageDaily.com. www.mortgagedaily.com. 2017-03-14.
- Web site: The Inc. 5000 2007, America's fastest-growing companies. Inc.com. en. 2017-03-14.
- News: VA Mortgage to be renamed. Barker. Jacob. Columbia Daily Tribune. 2017-01-17.
- Web site: Dornbrook . James . December 21, 2012 . Veterans United Home Loans makes itself at home with hiring . 2017-03-14 . www.bizjournals.com.
- Web site: Login, Renew or Purchase Mortgage News Subscription MortgageDaily.com. www.mortgagedaily.com. 12 December 2012 . 2017-03-14.
- Web site: VA Loans to Gulf War Vets Surge As Agency Builds Market Share. National Mortgage News. 16 January 2015 . 2017-02-15.
- News: Columbia's Veterans United Home Loans finds success with niche market, company culture. Hinga. Allie. Columbia Missourian. 2017-02-15. en.
- Web site: VA Originations Increase in 4Q14, 2014 a Record Year for Purchases. Inside Mortgage Finance. 2017-03-14.
- News: New name, new shows coming to Virginia Beach amphitheater. Parker. Stacy. Virginian-Pilot. 2017-03-14. en.
- Web site: Veterans United Home Loans. Fortune. en-US. 2017-03-14.
- Web site: Columbia Based Financial Services Company Named In Top 5 US Workplaces ยป Missouri CORE Welcome to the CORE of Missouri!. missouricore.com. en. 2017-03-15.
- News: Veterans United Selects Ellie Mae's Mortgage Software. American Banker. 2017-03-15. en.
- Web site: Show-Me Money: VA Loan Report Teaches Missouri Realtors How to Tap Into Military Lending Missouri. Center.com. VA Mortgage. 2017-03-15.
