At Newrez, we are proud to serve those who have served our country. We aim to honor the Military and our Veterans in our words and our actions – that’s why we’ve launched our Challenge Coin Initiative.
Whenever a member of the Military or a Veteran closes a home loan with Newrez, their loan consultant can thank them with a challenge coin – a tangible token of our gratitude for their service and our appreciation of their trust in us.
What is a Challenge Coin?
The tradition of the Military challenge coin dates back to World War I, when a U.S. lieutenant had custom bronze coins made for his squadron. One of his pilots was shot down over Germany and managed to make his way to France, where he fell under suspicion of being a spy. The pilot showed his captors his coin with his flying squadron’s emblem to prove his identity, saving his life. Since then, challenge coins are presented to Military members as a mark of honor and recognition.1
Newrez is Military Friendly®
The Challenge Coin Initiative is a way for us to demonstrate that we don’t just say we are Military Friendly®—we live by it. When Veterans or active duty Military choose Newrez, they are choosing a lender that understands and respects their journey.
Showing appreciation to our Veterans and active duty Military is at the core of who we are at Newrez. We prove this not only through our lending practices, but our community service and donations in support of the Veteran and Military community. Newrez is committed to backing initiatives that enhance employment, financial readiness and mental health for those who serve.
To learn more about our commitment to serving those who have served, go to newrez.com/military.
Military Friendly® is a registered trademark of Viqtory, Inc. and is not affiliated with Newrez LLC.
References:
1 Challenge coins: A tradition of excellence, by Airman 1st Class Deana Heitzman, April 10, 2015