PrimeLending Offers Special Savings on VA Home Loans

DALLAS, Jan. 5, 2015 /PRNewswire/ -- National residential mortgage lender PrimeLending, a PlainsCapital Company and subsidiary of Hilltop Holdings Inc. (NYSE: HTH), announced today that it is offering a $500 closing cost discount during the month of January for military service members and veterans who buy or refinance a home with a VA loan through PrimeLending.* The savings are offered to honor and recognize veterans and active-duty military personnel in conjunction with the New Year.

Guaranteed by the U.S. Department of Veterans Affairs, a VA home loan is only available to veterans and active-duty military. A VA loan can help active duty military and veterans buy a home with little to no down payment. In addition, qualifying borrowers are not required to pay monthly mortgage insurance premiums under a VA loan – and this helps veterans and military members save money.

"At a time when many Americans are making New Year's resolutions, we hope to give veterans and military service members an incentive to make a fresh start through buying or refinancing a home with a VA loan," says Steve Thompson, PrimeLending's Executive Vice President and National Production Manager. "We aim to serve our veteran and military borrowers with our VA mortgage expertise and local market presence."

Since 1986, PrimeLending has been dedicated to providing service beyond expectations to homebuyers. Offering fixed-rate, adjustable-rate, FHA, VA, USDA and jumbo home loans, refinancing and relocation programs, PrimeLending is licensed to originate and close loans in 50 states and the District of Columbia.

For more information about VA home loans, please contact a PrimeLending loan officer at a branch near you.

About PrimeLending
PrimeLending, a PlainsCapital Company, is a national residential mortgage originator. In 2012 and 2013, PrimeLending was listed as the No. 4 mortgage lender in the nation in purchase units.^† Offering fixed-rate, adjustable-rate, FHA, VA, USDA and jumbo home loans, refinancing and relocation programs, PrimeLending is licensed to originate and close loans in 50 states and the District of Columbia. Founded in 1986, PrimeLending is a member of the PlainsCapital Corporation family of companies. PlainsCapital Corporation is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE:HTH). Find more information at PrimeLending.com. Equal Housing Lender.
^†Source: As listed by Marketrac^® for purchase units nationally for Jan. – Dec. 2012 and 2013.

^*A credit from PrimeLending will be applied at the time of closing. This offer is valid from January 1-31, 2015. Savings only applies to direct originations made by PrimeLending for first mortgage purchase or refinance transactions, and is not available on loans obtained through mortgage brokers. Only one offer per loan transaction is available, and savings cannot be combined with any other offer. Savings will reflect on HUD-1 at closing. Borrower must lock their loan between 1/1/15 and 1/31/15.

All loans subject to credit approval and must meet Veterans Affairs eligibility requirements. Rates and fees subject to change. Mortgage financing provided by PrimeLending, a PlainsCapital Company. Equal Housing Lender. © 2015 PrimeLending, a PlainsCapital Company (NMLS: 13649).

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SOURCE PrimeLending

Related Links

http://www.primelending.com