The LowVARates.com $250 Challenge

Salt Lake City, UT, July 13, 2006 --(PR.com)-- LowVARates.com is offering a $250 challenge to any veteran borrower who qualifies for a loan.  Whether you use your VA entitlement and go with a VA loan or if you choose to go with a NON VA loan, LowVARates guarantees that one of their preferred lenders will get you the lowest APR on the market or they will pay you $250.*

LowVARates continues to raise the bar of excellence and service to all current and future VA home buyers through their innovative website and stategic alliance with their preferred VA lenders.  

"We are excited to extend this challenge to the many veteran home buyers in the market at this time. We are so confident in our alliances with certain VA mortgage companies and banks that we will pay $250 to any applicant that finds a better deal on their own,"  Eric Austin, owner of LowVARates.com.

LowVARates has been bringing VA loan approval to more veterans than ever before.  Through the website prospective VA home buyers are able to educate themselves on the most recent developments in the VA financing sector and also are able to go through an easy online prequalification process that will bring them into contact with one of many preferred and approved VA lenders in their state.  

The details of the LowVARates $250 guarantee are pretty simple. 

Step 1. Apply online at www.lowvarates.com

Step 2. Once contacted by an approved LowVARates lender, go through the approval process with that lender and once approved you will be given the absolute lowest rate/fees possible.  

Step 3. Feel free to shop around and see if someone else is going to beat the rate/fees that you are being offered.

Step 4. Contact your loan officer and let them know what you are being offered elsewhere. Your loan officer will have to beat that offer or you will be paid $250.

Step 5. To ensure you are able to get the $250 contact LowVARates.com via an email to sales@lowvarates.com or via the contact us link on their site.  

*There is a process to determine the validity of all offers which are competing with www.lowvarates.com so please be sure to contact LowVARates if and when you feel one of their preferred lenders is not giving you the absolute lowest rate/fees.

###