New Day

Achieve Homeownership with Reliable VA Loans for Veterans

NewDay USA is one of the country’s largest originators of VA home loans, which enable Veterans and their families to buy a home or get the funding they need for peace of mind. Many Veterans have experienced credit issues due to complications while serving. NewDay USA is helping Veterans build a healthy credit history, placing them on the path to a better quality of life.

“Every day, our team members hear from Veterans who have run into obstacle after obstacle while trying to take advantage of the VA home loan benefits they’ve earned,” said U.S. Admiral Tom Lynch, Chairman of NewDay USA. Because we take a broader view of a veteran’s ability to qualify, they’re able to receive the VA benefits they’ve earned through their service.”

For more than 20 years, NewDay USA has provided VA-guaranteed home loans and refinancing options to residents of 43 states. The company prioritizes relationships with Veterans and their families and strives to create a positive financial experience with each customer.

Today, the VA mortgage is more important than ever. Scores of Veteran and military home buyers found it increasingly difficult to get financing in the wake of the Great Recession and many lenders have tightened their guidelines again because of the 2020 global pandemic. Over the last decade in particular, VA loans have provided a lifeline for Veterans and active Military homebuyers facing higher credit score and down payment requirements.

The VA loan is a $0 down mortgage option available to Veterans, Service Members and select military spouses. VA loans are issued by private lenders, such as a mortgage company or bank, and guaranteed by the U.S. Department of Veterans Affairs (VA).

NewDay is a nationwide mortgage company for Veterans. Since the beginning, they’ve sought to give servicemen and women a different kind of financial experience. They believe in overcoming, not giving up. Their advisors will get to know you personally, learning your story and your goals. Sometimes, all it takes is a simple yes.

It’s always good to take a moment to reflect. Industry leaders have shared what they are grateful for during the holidays. Kim Haas has the story on The Mortgage Note.

NewDay USA is eyeing West Palm Beach for their new HQ. Definitely something to keep an eye on.

Thirteen years ago Thursday, an American special operations unit killed al Qaeda terrorist leader Osama bin Laden in north Pakistan. 

It’s a day retired U.S. Navy Admiral Michael G. Mullen remembers well. There’s a famous photo taken by former White House photographer Pete Souza showing the national security team as they followed the mission from the White House situation room. Standing over then-Pres. Barack Obama’s left shoulder is Admiral Mullen. At the time, he was serving as chairman of the Joint Chiefs of Staff, the principal military adviser to the President, Secretary of Defense and the National Security Council. While the authority to move forward with the operation that killed bin Laden ultimately belonged to Commander-in-Chief Obama, the action came under Mullen’s recommendation.  The man who was the 17th chairman of the Joint Chiefs of Staff under two presidents and the former chief of Naval Operations certainly has some insight when it comes to leadership.  Mullen was in town Thursday to serve as the first keynote speaker in the NewDay USA Center of Leadership Speaker Series, a partnership between military veteran mortgage lender NewDay USA and Georgia Military College. The entities have a relationship that goes back to 2016. NewDay has shown its support for GMC’s mission to develop future leaders by providing scholarships to Prep School students. The relationship bore new fruit in late 2021 when GMC and NewDay broke ground on what has come to be known as the NewDay USA Center of Leadership (perhaps “The Colonel” for short), a 29,000-square foot, 753-seat venue that fronts Greene Street just across from GMC Prep’s Ussery Hall. Millions of dollars were pledged to the effort to build not only a state-of-the-art performing arts venue but also a place where cadets could regularly hear from prominent leaders of military, public service, business and other backgrounds.  The NewDay USA Center’s stage has hosted several performances already, including GMC Prep’s state championship-winning one act play, “Once on This Island” last fall as well as the recent spring musical, “The Addams Family,” which has received rave reviews throughout the community.  Admiral Mullen’s visit Thursday was the first fulfillment of the promise to bring eminent speakers to the campus. Cadets first heard from NewDay USA executives in a 30-minute panel discussion before Admiral Mullen was brought to the podium by Lt. Gen. William B. Caldwell IV, president of GMC.  A Los Angeles, California, native, Mullen served 43 years in the United States Navy before his November 2011 retirement. His military career reached its pinnacle when he became chairman of the Joint Chiefs under former Pres. George W. Bush in 2007. Mullen kept the post through the country’s leadership change from Bush to Obama.  Other than serving as chairman of the Joint Chiefs during the May 2011 operation to kill the terrorist leader bin Laden, Mullen is also well-known for spearheading the elimination of the “Don’t Ask, Don’t Tell” policy from the U.S. military, which opened the door for openly-gay men and women to serve their country.  Mullen spent an hour addressing the packed NewDay USA Center audience Thursday. The venue was full of prep school and junior college cadets, GMC employees and members of the community. It was to the young people in the crowd that Mullen’s message was directed. “Our future depends on you, our youth, and actually the investment made in you in terms of where we go as a community, as a state, as a country, and as a world … We’re living in a world right now — and a country right now — that’s hugely challenged, and we need courageous, determined, accountable, ethical leaders. Courageous, determined, accountable, ethical — those are all characteristics of a great leader.”  After his speech, Mullen engaged with cadets in a Q-and-A session. Some of those cadets are future members of the Navy and could someday find themselves in one of the seats the admiral formerly held. During his time on stage, Mullen mentioned that once intelligence had been gathered saying bin Laden was in Pakistan following a 10-year manhunt, there were multiple options on the table to eliminate him. The military could use B-52s and “put a crater there,” as Mullen put it, carry out a remote drone strike, or send in the Navy SEALs in a manned operation.  “I actually went out and saw the SEAL rehearsal,” Mullen said. “That’s part of leadership as well. Don’t get stuck behind your machines … Get out and see the troops. I met all 50 SEALs, and I looked at them one-on-one. I wanted them to know they had the backing of the senior leadership in the United States military.” Confidence in those SEALs was one driving factor in choosing the SEALs route. There was another key reason.  “Secondly, if we didn’t positively ID him, there’s a good chance that the enemy would deny we ever got him,” the Navy admiral told The Union-Recorder shortly after his speaking engagement. “We needed to guarantee it was him and that he was dead.” The newspaper asked Mullen what the feeling was like inside the situation room once the kill was confirmed and the operation was successful. He shared a story that can’t fully be told from Souza’s famous situation room photo from 13 years ago.  “It depends on when you would call it a success,” he said. “In that picture (inside the situation room) you can see then-Vice Pres. Biden sitting next to Obama. He and I carry rosary rings. I had one in my pocket that I carried for a long time. I looked down to see him get his wallet out and take the rosary ring off and start to put it in his wallet. I leaned down and said, ‘Mr. Vice President, I’ve got almost 50 operators illegally in a foreign country. We just killed the No. 1 enemy in the world. I’ve got to fly those operators out, which is 90 minutes or so. I’ve got to, no kidding, identify [bin Laden]. Then I’ve got to put him on a Marine helicopter and fly him through Pakistani airspace to get him out to a carrier to bury him consistent with the Muslim custom. So I’ve got a long way to go. Please put that rosary ring back on.’ It was a long operation from beginning to end.” Biden did in fact put the ring back on, according to Mullen. Mullen was just the first of the many distinguished guests planned to grace the NewDay USA Center of Leadership stage. Earlier Thursday, NewDay Executive Chairman Admiral Thomas Lynch revealed that the next speaker is slated to be U.S. Marine Gen. Jim Mattis, former Secretary of Defense under Pres. Donald Trump. Mattis’ visit is scheduled to coincide with GMC Prep’s annual 9/11 ceremony in September.

WEST PALM BEACH, Fla., Oct. 23, 2023 /PRNewswire/ — NewDay USA, a fintech company and one of the nation’s leading VA mortgage lenders, announced today that it was named a finalist for the U.S. Chamber of Commerce Foundation’s 2023 Citizens Awards, honoring purpose-driven businesses for their leadership in solving the world’s biggest challenges. NewDay USA was nominated in the Best Corporate Steward: Small and Middle Market Business category for its commitment toward improving the lives of veterans and their families and helping them realize the American dream of homeownership.

“We’re delighted the U.S. Chamber Foundation has recognized our work giving back to those who have made immense sacrifices for our nation,” NewDay USA CEO Rob Posner said. “Our employees are deeply committed to helping our customers achieve financial security and have volunteered thousands of hours to honor and support military families, so this honor truly belongs to them.”

For more than two decades, the Citizens Awards program has recognized the most innovative and impactful corporate citizenship initiatives that leverage a company’s talent, resources and expertise to improve communities.

In addition to serving active servicemembers and veterans in making informed financial decisions about their VA Home Loan Benefits, NewDay USA employees actively support veterans and their families through philanthropic initiatives. The company’s nonprofit arm, the NewDay USA Foundation, has provided more than $10 million in educational scholarships to more than 126 children of servicemembers nationwide, including 14 Gold Star children and 64 children of severely disabled military veterans.

Other organizations that NewDay has supported through the foundation includes the Medal of Honor Foundation, Global War on Terrorism Memorial Foundation, the Vietnam Veterans Memorial Fund, and Baltimore Station.

“I am proud that our corporate citizenship initiatives not only provide economic benefits, but also transform the lives of veterans and their families,” Posner said. “Our focus on financial literacy, housing, scholarships, and employee engagement generates shared value by positively impacting communities, employees, and stakeholders.”

A total of 28 companies in nine categories have been named finalists for this year’s Citizens Awards. Winners will be announced at the 25th Annual Conference and Corporate Citizenship Awards ceremony on November 1 and 2 in Washington, D.C. Winners will be determined by a selection committee comprised of thought leaders and executives for each category.

About NewDay USA

NewDay USA is a nationwide VA mortgage lender focused on helping active military personnel, veterans, and their families achieve their financial and housing goals. The company’s fintech approach to lending increases VA loan approvals by using big data and AI to predict borrower performance. NewDay, which was named a Best Military Lender by National Mortgage Professional, is also a Ginnie Mae (GNMA) approved issuer/servicer. The company employs best practices in mortgage lending and career growth for mortgage professionals. Consistent with its mission, NewDay is a philanthropic partner of numerous organizations focused on assisting military veterans and their families in need. The NewDay USA Foundation provides four-year scholarships to the children of fallen and severely disabled military veterans to attend JROTC military high schools across the nation. The company is also a major philanthropic partner of the Medal of Honor Foundation, the USO, Boulder Crest Retreat for Military and Veteran Wellness, and is a major sponsor of the Military Bowl. Community service and giving back in the form of volunteerism also play a significant role among the NewDay USA workforce. NewDay USA is a registered trade name of NewDay Financial, LLC (NMLS # 1043), which is a key holding of Chrysalis Holdings, LLC, a premier private investment company focused on the financial services industry. For more information about NewDay USA, visit www.NewDayUSA.com.

Georgia Military College cut the ribbon on a new leadership center in Milledgeville on Thursday. Former Defense Secretary General James Mattis spoke at the event. 

Mattis spoke to students at Georgia Military College about his career and the importance of leadership and democracy during a keynote address following the official opening.

“This is a democracy. This is all hands on deck. Democracy is not a spectator sport. We all participate. How can you participate if you haven’t been given the tools? So these are the tools,” he said. 

Mattis served as defense secretary in President Trump’s cabinet from 2017 to 2019. He has not endorsed Trump’s presidential bid and did not comment on either candidate but stressed the importance of working together. 

“Isn’t it amazing what Americans do when they just get together and make things happen?” he said. 

The NewDay Leadership Center houses a theater and classrooms. The school will also host a leadership speaker series in the new building. Veteran home mortgage lender NewDay USA sponsored the new center.

SOUTH KINGSTOWN, RHODE ISLAND, USA, June 5, 2024 /EINPresswire.com/ — Florida D-Day veteran Irving Locker will be traveling to Normandy, France, for the 80th Anniversary commemoration of the invasion of Normandy, thanks to the generous support of NewDay USA. This milestone event honors the brave men who fought for the world’s freedom during World War II.

Irving Locker, who will soon be turning 100, was one of the 156,000 soldiers who stormed the beaches of Normandy on June 6, 1944, landing at Utah Beach. At just 19 years old, Locker served as a Staff Sergeant with the 116th AAA Gun Battalion of the 1st Army’s 7th Corps. He endured the harrowing conditions of the Battle of the Bulge and played a crucial role in the liberation of the Gardelegen Concentration Camp. Locker’s dedication to sharing his experiences has spanned over seven decades, with lectures ranging from school classrooms to the White House.

The ages of the veterans attending the commemoration range from 97 to 103 years old, marking what may be the last opportunity to honor these heroes in person. The Trip of Honor® will include visits to the historic Omaha and Utah Beaches, the Normandy American Cemetery, and the Bi-National Commemoration Ceremony, among other significant events.

“Irving Locker’s return to Normandy would not be possible without NewDay USA’s support,” John Fenzel, CEO of The World War II Foundation said. “NewDay understands veterans, and is committed to ensuring veteran families live the lives they have always imagined and deserve.”

NewDay USA, a leader in veteran mortgage lending for 25 years, did not hesitate to support Locker’s journey back to Normandy. As one of our nation’s leading VA Lenders, having served over 100,000 veteran families across 44 states.

NewDay USA’s support makes it possible for veterans like Locker to revisit significant landmarks and preserve the memory of their sacrifices for future generations. “It’s an honor for NewDay to sponsor Irving Locker for his return to Normandy for the 80th Anniversary of D-Day,” Rob Posner, CEO of NewDay said. “His personal story is very inspiring to all of us.”

Locker, a long-time member of JWV Post 352 in The Villages, Florida, will be making what might be his final trip to Normandy.

Reflecting on his experiences, Locker said, “Too many people have no idea what we experienced. It’s important to me that this story is told after I’m gone, so people don’t forget.”

About The World War II Foundation The World War II Foundation is dedicated to preserving the stories of the Greatest Generation. By producing educational documentaries, organizing events, and providing resources for schools, the Foundation ensures that the history and sacrifices of World War II are not forgotten. For more information, visit www.wwiifoundation.org