COSTA MESA, CA—Locally based financing companySecure One Capital has improved its capacity tofund government-backed loans quickly by adding anew VA underwriter to further decreasefunding times. The firm says it can provide abetter experience for borrowers than other financing channelsbecause it has the ability to originate and fund all loans in-housein order to expedite financing, and it offers more-aggressivemortgage rates because it funds directly offgovernment lending guidelines with no lender overlays.

Due to the firm's record-breaking Q4 2013 capping off a strongyear, it was able to relocate to larger offices here and offer newbranch opportunities. Secure One specializes in governmentfinancing programs such as FHA, VA andHARP refinances and anticipatesthat the trend of mortgage rates for 30-year and 15-yeargovernment-backed loans dropping will continue. Rates for theseloans have been dropping since September and have now reached thelowest levels in more than a year.

The firm is an unsupervised FHA- and VA-endorsed mortgagee. Bothagencies require all mortgage lenders to receive approval prior tooffering FHA and VA loans, but interestingly, not all lenders whoare approved specialize in VA and FHA loans. Secure One, on theother hand, does have that specialization and has been adirect-mortgage lender since 1995.