Prosperity Home Mortgage Reaches $2.5 Billion in VA Loan Fundings

June 5, 2020

Repackaged with permission from Prosperity Home Mortgage, LLC

Over $11.3 Million in Fees Waived for Active Military and Veterans

Since launching its VA Home Loan Advantage program in 2014, Prosperity Home Mortgage, LLC, (Prosperity) has saved active-duty military members and veterans over $11.3 million in origination fees and appraisal credits. As a full-service mortgage banker, we have funded over $2.5 billion and closed 7,544 VA home loans since 2014.

“At Prosperity Home Mortgage, LLC, we believe in supporting the brave men and women who serve our country in the military,” said Tim Wilson, president and CEO of Prosperity. “That’s why we are delighted to help lower the upfront cost of buying or refinancing a home for service members and veterans using a VA home loan.”

The VA Home Loan Advantage program continues to be offered to all Prosperity clients purchasing or refinancing a home using a VA loan. The program waives the company’s standard origination fee and provides eligible clients with a lender credit to pay for the cost of a home appraisal.(1)

“We are thrilled to have funded over $2.5 billion in VA loan volume as a company since the program’s inception,” said Ron Wivagg, National Sales Support Manager of Prosperity. “We are very proud of the hard work that each of our mortgage consultants has put forth to make homeownership a reality for military service members and veterans, and it’s because of that ongoing commitment that we remain among the top lenders in the nation.”

Wilson added to Wivagg’s thoughts. “Prosperity is in the business of financing homeownership and the American Dream, and our VA clients are a very important part of our business,” Wilson said. “We have employees, friends and family who have served in the military, and it is imperative to us that we support those who have served our nation.”

Additional incentive offers for settlement services and home inspections are also available in certain geographical locations. (2,3) Ask your local mortgage consultant to find out if additional incentives are available in your area!

Learn more about a Veterans Affairs (VA) loan.


Prosperity Home Mortgage, LLC is not affiliated with any government agencies.

1. Borrowers are eligible for a lender credit toward closing costs on the Closing Disclosure on a new purchase, secured by a first mortgage or deed of trust (New Loan), subject to qualification, approval and closing with Prosperity Home Mortgage, LLC. Loan must close within 90 days from the date of loan application. Lender credit may not exceed $650.00 for appraisal. This offer must be presented at time of application and all eligibility requirements met no later than 2 days prior to the New Loan closing date. This lender credit is void where prohibited and is non-transferable, subject to the terms herein, and valid on all complete applications received on or before 11/30/2020.

2. Participating settlement services companies: RGS Title (District of Columbia, Maryland, Virginia); Sage Title Group (District of Columbia, Maryland, Virginia); Bon Air/Long & Foster Title Agency, LLC (Virginia)

3. Home inspection services provided by US Inspect include a 10% discount and a 90-day home inspection guarantee to all Veteran borrowers obtaining VA loan financing with Prosperity Home Mortgage, LLC. The home inspection guarantee covers items that were inspected by US Inspect and found to be operating properly at time of inspection.  For limitation and exclusions, please see 90 day guarantee terms and conditions. Use coupon code “VALOAN” and call: (888) 874-6773

All Incentive offers valid on complete VA home loan applications received between 10/01/2019 and 11/30/2020. Loan must close within 90 days from the date of loan application. Only one discount permitted per New Loan.