Veterans United Home Loans

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

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. "Veterans United Home Loans". Fortune Magazine. Fortune Media IP Limited. Retrieved 28 April 2020.
  3. "Veterans United Home Loans to host grand opening". The Southeast Sun. Retrieved 2017-03-14.
  4. "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. "Department of Veterans Affairs 2019 VA Lender Statistics". Department of Veterans Affairs. Department of Veterans Affairs.
  7. "FY 2018 Lender Loan Volume". Department of Veterans Affairs. Retrieved 14 March 2019.
  8. "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. 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. "http://www.bizjournals.com/kansascity/print-edition/2012/12/21/veterans-united-home-loans-makes.html". www.bizjournals.com. Retrieved 2017-03-14. External link in |title= (help)
  14. "Login, Renew or Purchase Mortgage News Subscription | MortgageDaily.com". www.mortgagedaily.com. Retrieved 2017-03-14.
  15. "VA Loans to Gulf War Vets Surge As Agency Builds Market Share". National Mortgage News. Retrieved 2017-02-15.
  16. 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 ยป 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.
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