Veterans United Home Loans
TypePrivate
IndustryMortgage Lending
Founded2002 (2002)
Headquarters
Columbia, Missouri
Number of locations
28
Key people
Nathan Long (CEO)[1]
Products
Number of employees
3176[2]
Websitehttps://www.veteransunited.com/

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. magazine 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][8] 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.[2] 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[6]
2018 $10.4 billion[7]
2017 $10.2 billion[3]
2016 $10.3 billion[4]
2015 $7.3 billion[20]
2014 $5.1 billion[2]
2013 $4.1 billion[16]
2012 $3.3 billion[21]
2009 $1 billion[22]

See also

References

  1. ↑ "Staff Writer". Como Magazine. Como Magazine. Retrieved 4 June 2020.
  2. 1 2 3 "Veterans United Home Loans". Fortune Magazine. Fortune Media IP Limited. Retrieved 28 April 2020.
  3. 1 2 "Veterans United Home Loans to host grand opening". The Southeast Sun. Retrieved 2017-03-14.
  4. 1 2 "Veterans United Home Loans Review 2017 - NerdWallet". NerdWallet. 2017-03-17. Retrieved 2017-04-04.
  5. ↑ "Consumer Access - Browser Warning". www.nmlsconsumeraccess.org. Retrieved 2017-03-14.
  6. 1 2 "Department of Veterans Affairs 2019 VA Lender Statistics". Department of Veterans Affairs. Department of Veterans Affairs.
  7. 1 2 "FY 2018 Lender Loan Volume". Department of Veterans Affairs. Retrieved 14 March 2019.
  8. 1 2 "Brant and Brock Bukowsky, co-founders, Veterans United Home Loans - Smart Business Magazine". Smart Business Magazine. Retrieved 2017-02-15.
  9. ↑ "Mortgage broker grows quickly, with casual style, patriotic niche and scads of employee incentives". Columbia Business Times. 2007-09-22. Archived from the original on 2017-04-15. Retrieved 2017-02-15.
  10. ↑ "Login, Renew or Purchase Mortgage News Subscription | MortgageDaily.com". www.mortgagedaily.com. Retrieved 2017-03-14.
  11. ↑ "The Inc. 5000 2007, America's fastest-growing companies". Inc.com. Retrieved 2017-03-14.
  12. ↑ Barker, Jacob. "VA Mortgage to be renamed". Columbia Daily Tribune. Retrieved 2017-01-17.
  13. ↑ Dornbrook, James (December 21, 2012). "Veterans United Home Loans makes itself at home with hiring". www.bizjournals.com. Retrieved 2017-03-14.
  14. ↑ "Login, Renew or Purchase Mortgage News Subscription | MortgageDaily.com". www.mortgagedaily.com. 12 December 2012. Retrieved 2017-03-14.
  15. ↑ "VA Loans to Gulf War Vets Surge As Agency Builds Market Share". National Mortgage News. 16 January 2015. Retrieved 2017-02-15.
  16. 1 2 Hinga, Allie. "Columbia's Veterans United Home Loans finds success with niche market, company culture". Columbia Missourian. Retrieved 2017-02-15.
  17. ↑ "VA Originations Increase in 4Q14, 2014 a Record Year for Purchases". Inside Mortgage Finance. Retrieved 2017-03-14.
  18. ↑ Parker, Stacy. "New name, new shows coming to Virginia Beach amphitheater". Virginian-Pilot. Retrieved 2017-03-14.
  19. ↑ "Veterans United Home Loans". Fortune. Retrieved 2017-03-14.
  20. ↑ "Columbia Based Financial Services Company Named In Top 5 US Workplaces » Missouri CORE | Welcome to the CORE of Missouri!". missouricore.com. Retrieved 2017-03-15.
  21. ↑ "Veterans United Selects Ellie Mae's Mortgage Software". American Banker. Retrieved 2017-03-15.
  22. ↑ Center.com, VA Mortgage. "Show-Me Money: VA Loan Report Teaches Missouri Realtors How to Tap Into Military Lending | Missouri". Retrieved 2017-03-15.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.