Scotsman Guide > Rankings > Top Originators 2010 > Jacob Deegan #1 Top VA Volume

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Top Originators 2010: #1 VA Volume

 

Jacob Deegan, Flagship Financial Group
#1: 2010 VA Volume
Volume Rank: #145
Closed-Loans Rank: #66

 

Jacob Deegan is the most prolific U.S. Department of Veterans Affairs (VA) originator on the 2010 Top Originators list. At 27 years old, he already has 10 years of mortgage-origination experience, annually closing at least 80 percent of his volume in VA loans. He joined Flagship Financial Group when he was a senior in high school with enough credits to attend part-time, he says. Within six months, he’d set a one-month company record with 25 funded loans.

“There really aren’t a lot of challenges when it comes to dealing with veterans,” he says. “They have a great situation, and if they’re on active duty, they have a great job.”

Deegan grew up near a U.S. Air Force base in Utah. He formed an early association with military lives, says he has several family members who have served and enjoys working with veteran borrowers.

“It’s nice to be able to distribute the special programs the government offers,” he says. “As far as purchasing a home and refinancing a home loan, the VA offers some of the best programs out there.”

There are some challenges, however.

“Because of everything that’s happened with the credit market, [lenders often] tighten up the requirements,” he says.

At times, he says, that means shopping as many as 10 lenders to fund a loan.

With more than $62 million in closed VA loans in 2010, the effort has paid off.

Darrick Meneken


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