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Status update: VA mortgages up 57 percent across Inland Empire
12/3/2018

THE PRESS-ENTERPRISE --- Home mortgage loans backed by the U.S. Veterans Administration have increased 42 percent in the last five years in California, with loan traffic in the Inland Empire outpacing the state's growth, according to a statement from a financial company that provides these deals. Veterans United, which financed more than $10.2 billion in loans for veterans last year, reports that in the 2018 fiscal year, VA-backed loans have increased 42 percent in California in a five-year span. The increase was heavier in the Inland Empire, where the number of loans is up 57 percent over the period. Only the Modesto area, at 109 percent, and Sacramento, at 55 percent, were higher. The VA does not break down its volume of home loans by region. That statistical analysis was done by Veterans United, according to the company statement.

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Status update: VA mortgages up 57 percent across Inland Empire