VLG LOGISTICS
What VLG branch is the most recent to have an open house?
Fayetteville
How many months of assets are required on a manual underwrite for a VA loan?
2 months (60 days)
What does WTF stand for?
What the Fun
What is the minimum disability rating required for a Veteran to be exempt from the VA funding fee?
10%
Where was the first VLG location?
Puyallup
How many physical VLG branches are there in WA state?
5 - Lakewood, Yelm, Dupont, Silverdale, HQ
What does the term "IRRRL" stand for?
Interest Rate Reduction Refinance Loan
What is the name of our nonprofit?
Operation Shield Foundation
What is the name of the Puyallup WA Taqueria that Michael J Villano prefers, but cannot pronounce?
El Rinconsito
What was the most recent VLG brand to have opened?
FWB2
How many physical offices does Team Mike have?
5 - Lakewood, Yelm, Temecula, Fayetteville, FWB2
What qualifies a veteran as being "exempt" from the VA funding fee BESIDES their disability rating?
Purple Heart Recipient
How many employees do we currently have? (range of 10)
156
What multi-platinum rapper grew up a short 8 minute drive from the current VLG Fayetteville office?
J. Cole
What was VLG's original name?
Veterans National Lending Group
How many states does VLG have physical offices in?
8 - WA, CO, CA, NC, SC, FL, KS, & ID
What is the VA standard county loan limit for all counties that are NOT considered "high-cost"?
$647,200
Approximately what percentage of our employees are veterans or military spouses? (range of 10)
57%
What is the VA funding fee for first time use, with a 10% down payment?
1.4%
When was VLG founded?
2012
What state does the VLG Brand Ambassador live in?
WA state (John Troxell)
How many "community property" states are there in the US?
9 - AZ, CA, ID, LA, NV, NM, TX, WA, WI
What are the 4 core values?
Full Circle, Like a Boss, Hustle & Flow, Elevation
At what LTV % does MI automatically fall off on a Conventional loan?
78%
What year did VLG join CCM?
2017