LowVARates.com is Now a Preferred Partner with USHUD.com and Hudexchange.com

Washington, DC, August 10, 2006 --(PR.com)-- LowVARates.com and USHUD.com have joined forces and the energy and buzz they are creating is generating a huge following.  As the real estate market continues to cool across the country, more and more home buyers are searching for rock bottom prices on foreclosed and bank owned properties.  "It has always been the goal of lowvarates.com to bring home ownership to as many deserving veterans and active military as possible. Now finding the home has been made easier and we can step in and approve buyers for va home loans on the spot!"  Eric Austin, Owner of LowVARates.com

LowVARates.com, through their relationship with USHUD and HUDEXCHANGE will be able to update 3 times a day, a national list of foreclosed properties.  Interest rates have continued to rise, which is causing havoc for the many homeowners who bought their homes on Interest Only or Option Payment loans.  As with the game of dominoes, this effect of rising rates has caused many people to lose their homes and is driving home values lower in many parts of the country.  

LowVARates.com is a leading provider of VA loan products across the country. Via a secure online Pre-qualification engine, borrowers are able to quickly submit the required information to get approved for VA mortgages or an array of other possible loan options also available through the lowvarates network of lenders and banks.

###