NewDay USA Strengthens Leadership to Enhance Support for Veterans Seeking Homeownership
NewDay USA Expands Leadership to Serve Veterans
NewDay USA, a prominent mortgage lending company dedicated to serving the Veteran community, has recently announced the appointment of two influential leaders to spearhead the launch and growth of its innovative mortgage program named NewDay Home. This initiative aims to provide Veterans with an affordable path to homeownership by enabling them to secure a home without making a down payment or incurring upfront closing costs.
Leadership Appointments
Ken Harthausen has been appointed as the President of NewDay Home's Builder Division, while Neil Brooks takes on the role of President of NewDay Home. Both men bring extensive experience and a commitment to fostering home ownership among Veterans, clearly aligning with NewDay USA's core mission of supporting those who've served the nation.
Rob Posner, CEO of NewDay USA, emphasized the exemplary qualifications of Harthausen and Brooks, saying, "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 track records in mortgage lending and dedication to the military community are expected to drive the company's goal of assisting Veteran families in navigating the home-buying process successfully.
The Vision for Veteran Homeownership
Rear Admiral Thomas C. Lynch, USN (Ret.), the Executive Chairman of NewDay USA, shared his insights on the importance of homeownership for Veterans, stating, "Homeownership represents a promise fulfilled to those who have served." He believes that the leadership of Harthausen and Brooks will not only uphold this promise but also innovate solutions that will bring one million Veterans into homes.
Harthausen's career in mortgage lending spans over two decades during which he has built a reputation for his strategic partnerships and growth initiatives. Prior to joining NewDay, he served as Vice President of National Strategic Alliances at LoanDepot, where he was responsible for forging partnerships with builders nationwide. His accomplishments include establishing the Builder Joint Venture Program at Countrywide Home Loans, making it the largest in the nation. In his new role, he will work on expanding partnerships with builders to enhance opportunities for Veteran home buyers to utilize their VA Home Loan benefits.
"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," said Harthausen. His plans include a more integrated approach toward engaging builders who focus on serving the military community.
Neil Brooks' credentials are equally noteworthy. A United States Navy Veteran himself, Brooks brings over 20 years of experience in real estate. His previous role as a leading realtor at My Home Group in Scottsdale, Arizona, saw him ranked among the Top 1% of real estate agents in the state and recognized nationally by The Wall Street Journal in his field. Well-versed in VA loans, Brooks is poised to lead NewDay Home by implementing expansive networks of certified real estate agents who are equipped to support Veterans effectively.
A Commitment to Excellence
In its commitment to excellence, NewDay Home has developed the Admiral Certification Program. This initiative ensures that all participating real estate agents are trained in specialized VA Loan processes, thus enhancing their ability to assist military buyers throughout their home-buying journey. Brooks emphasized the importance of this program, stating, "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 believes that NewDay Home is a pivotal step in providing Veterans the opportunity to thrive in today’s housing market.
About NewDay USA
For over 25 years, NewDay USA has led the charge in Veteran-focused mortgage lending, positively impacting more than 100,000 families across the nation. Their dedication extends beyond mere transactions; NewDay strives to improve credit scores and provide solutions that ensure Veteran families achieve their financial goals. The company boasts industry-leading performance metrics, specifically a delinquency rate significantly lower than the industry average. As of now, an impressive 95% of NewDay USA’s clientele comprises enlisted Veterans, showcasing their strong commitment to this demographic.
In conclusion, NewDay USA’s expansion of its leadership team is a strategic move designed to enhance its offerings to Veterans seeking homeownership. With a vision aligned strongly towards service and empowerment, this initiative heralds a promising future for Veterans aiming for a place they can confidently call home.