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NewDay USA Strengthens Leadership to Support Veteran Homeownership

NewDay USA Strengthens Leadership to Support Veteran Homeownership

NewDay USA Bolsters Leadership to Enhance Veteran Services

NewDay USA, a prominent force in mortgage lending for the Veteran community, is excited to announce the expansion of its leadership team. The company is preparing to launch NewDay Home, a new program designed to make homeownership more accessible for Veterans. This initiative allows Veterans to purchase homes with zero down payment and no upfront costs for closing.

In this exciting development, Ken Harthausen has stepped into the role of President of the NewDay Home Builder Division, while Neil Brooks assumes the position of President of NewDay Home. Together, their wealth of experience in mortgage lending and real estate creates a strong foundation for this new venture. Their commitment to serving those who have selflessly served our nation is evident in their career trajectories.

Rob Posner, the CEO of NewDay USA, expressed confidence in his new leadership members, stating, "Ken and Neil both embody the heart of NewDay and our core mission to help Veteran families achieve the American Dream of homeownership." Their proven histories of building successful partnerships and delivering positive outcomes will be beneficial for the military community during the homebuying experience.

Rear Admiral Thomas C. Lynch, USN (Ret.), Executive Chairman of NewDay USA, also praised the appointments, saying, "Homeownership represents a promise fulfilled to those who have served. Ken and Neil will help us deliver on that promise by bringing decades of experience, innovation, and leadership to our mission of putting one million Veterans in homes." This goal emphasizes the company’s dedication to enhancing homeownership opportunities for Veterans.

With over two decades in mortgage lending and builder programs, Harthausen has cultivated a successful career. Before joining NewDay, he held the role of Vice President of National Strategic Alliances at LoanDepot, significantly contributing to strategic builder partnerships across the country. His previous success at Countrywide Home Loans, where he established the Builder Joint Venture Program, set the standard for builder mortgage solutions.

As the head of the NewDay Home Builder Division, he will guide efforts to develop partnerships with homebuilders nationwide, helping eligible Veteran buyers utilize their VA Home Loan benefits effectively. Harthausen remarked, "It is an incredible privilege to be part of NewDay USA's relentless mission to break down barriers to homeownership for our nation's heroes." This commitment shines through as he collaborates with builders who cater to the military community.

Meanwhile, Neil Brooks, a Veteran of the United States Navy, comes with over 20 years of expertise in real estate. His recent role as a top Realtor at My Home Group in Scottsdale, Arizona, highlights his accomplishments, where he ranked amongst the top 1% of Realtors in the state. His impressive record also includes recognition by The Wall Street Journal/Zillow for high performance in residential sales.

As a Certified Military Housing Specialist, Brooks possesses an in-depth understanding of VA loans and a heartfelt commitment to assisting military families with homeownership. His new position will involve launching NewDay Home and overseeing a national network of real estate agents, all certified through the Admiral Certification Program. This program equips agents with specialized training in VA loans, empowering them to support military buyers effectively.

Brooks shared his perspective, saying, "Helping Veterans find a home is more than a job – it is a commitment to those who have served and sacrificed for our country." He emphasizes the importance of NewDay Home in providing Veterans the opportunity to thrive in the current housing market without the burden of a down payment.

About NewDay USA

For 25 years, NewDay USA has been a leader in Veteran mortgage lending, assisting over 100,000 Veteran families across the nation. Whether helping with new home purchases or refinancing existing loans, NewDay is dedicated to improving the financial well-being of Veteran families. Their goal is to help these families enhance their credit and regain financial stability, paving the way for the lives they deserve.

NewDay boasts an exceptional track record in mortgage performance, with a delinquency rate significantly below the industry average. Currently, 95% of their clients are enlisted Veterans, showcasing their strong focus on this community. For more details regarding their services, visit NewDay USA.

Frequently Asked Questions

What is NewDay Home?

NewDay Home is a mortgage program launched by NewDay USA that allows Veterans to purchase homes with no down payment and no closing costs.

Who are the leaders of NewDay Home?

Ken Harthausen is the President of the Builder Division, and Neil Brooks is the President of NewDay Home.

What experience do Ken Harthausen and Neil Brooks have?

Both leaders have extensive experience in mortgage lending and real estate, with significant accomplishments in their respective fields and a commitment to serving Veterans.

How does NewDay USA assist Veteran families?

NewDay USA helps Veteran families obtain mortgage loans, improve their credit, and achieve homeownership while providing support throughout the loan process.

What makes NewDay USA unique in the mortgage industry?

NewDay USA has a high loan performance record, a focus on Veterans, and a significantly lower delinquency rate than the industry average, making them a trusted choice for Veterans seeking mortgage solutions.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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