CONTACT: Craig Walton
Director of Public Relations
Office: 801-341-2048

G.I. Low(LEHI, Utah, July 1, 2009) – Attention soldiers. The search for the winner of the Independence Day G.I. Low contest has begun. One fortunate veteran or active military personnel will receive a no-cost VA home loan from LowVARates.

The G.I. Low contest will extend through the entire month, beginning on July 1 and concluding on July 31.

The no-cost loan giveaway equals a value of approximately $12,000 and provides the winner an opportunity to gain home ownership or refinance to a lower interest rate in the midst of tough economic times.

The owner of Low VA Rates, Eric Kandell, says the purpose of the contest is to give back to all the men and women who fight valiantly for the U.S. military.

“The military men and women do so much for our country,” Kandell said. “I feel the contest is just a small gesture to show our appreciation for all they do.”

To enter the contest, applicants can apply online at and qualify for an approved VA loan. All applicants applying during the specified time period will become automatically eligible for the contest.

The winner will be selected by a random drawing and notified by phone or email. will cover all lender fees, broker fees, and third party fees associated with closing a home loan. We want to give back, and this is one of the ways we are doing that. We want to take care of this stress so you don’t have to!  Sound too good to be true? Our owner and CEO says this on the matter:

“There is no catch or gimmick to this contest,” Kandell said. “We really are giving away a no-cost loan.”


Low VA RatesFor the past 20 years, has been dedicated to serving veteran homeowners. We specialize in providing VA loans to qualified veterans for mortgage purchases and refinances. These loans provide lower interest rates and monthly payments than other traditional loans. VA loans are currently the only program left that allows no-money-down loans providing a secure mortgage option guaranteed by the Federal Government. Our professional staff and loan officers will assist you to lock in low-interest rates and take advantage of the unique opportunity provided through VA loans.


For further information please visit:

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