Donald Lusk was 71, a Navy career and decades of work behind him, and ready for the next stage of life. He and his wife, a Marine veteran, had decided to leave the Pacific Northwest for coastal Georgia. The NewDay Home Advantage Loan enabled them to purchase their new home with no upfront closing costs, preserving their savings.
Lusk could have put money down and covered closing costs the traditional way, but he didn’t want to draw on their lifetime of savings. The VA home loan and the NewDay Home Advantage Loan allowed him to buy his new home with zero down and no upfront closing costs.
It was not the first time Lusk had used his VA home loan benefit, and he is a strong advocate for the program. “The fact that the VA loan program is there is truly the greatest benefit that any veteran can have, in my opinion,” Lusk said.
“Helping veterans preserve their savings during the homebuying process is incredibly rewarding,” said Joe Delgado, Senior Assistant Vice President at NewDay USA (NMLS ID #2212043). “Introducing Donald to the NewDay Home Advantage Loan gave him the option to purchase his home with no upfront closing costs.”
“Veterans need to be helping veterans first. And we need to share with other veterans these types of things so that they get going in the right direction, in which case NewDay just happens to be there for you,” Lusk said.
The outcome is a new home in Richmond Hill, Georgia, where Lusk and his wife are settling in.
“Our mission is to help one million veterans achieve homeownership, and stories like this show other veterans what is possible,” said Rear Admiral Thomas Lynch (USN, Ret.), Executive Chairman of NewDay USA. “NewDay Home is a real solution that gives military families more buying power in a competitive market. For many veterans, that means the ability to purchase a home without bringing a single dollar to the table upfront.”
With the NewDay Home Advantage Loan, qualified veterans can secure a personal loan that finances closing expenses over five years, with interest fully refunded if repaid within one year. For families navigating life transitions or stretched on savings, that can change everything.