Can VA lending be the next big thing in mortgage markets: In conversation with Michael Oursler, COO at NewDay USA
VA backed mortgages made up 9.1% of new home sales in the first quarter of 2020, the largest market share since early 2016. Can it stay on a sustained growth path to increase its market share even further ?
In this episode, we are in conversation with Michael Oursler, COO at Newday USA to explore just that.
NewDay USA is one of the top 10 - VA lending institutions in the country, with a projected revenue figure of close to $500M in 2021 and loan volumes of $ 9 bn.
Michael shares his insights on the current opportunities & challenges that straddles VA lending & how VA mortgage market is expected to shape up in 2021.
He also talks about how Newday USA intends to scale its lending operations to help 1 million veteran families by the end of 2025.
Do not miss out on this super-charged episode with Michael.
This episode is hosted by Vaultedge.
Vaultedge is a mortgage automation software that helps you produce & service more loans doing less work. You can visit us on https://www.vaultedge.com/