The Department of Veteran’s Affairs has special assistance for veterans who are in trouble with their mortgage that has gotten little coverage. If you are a veteran who needs assistance it is important that you contact your lender with knowledge that the Department of Veteran’s affairs may have the best deal available to you from the options you may be given.
For a veteran or service member who may have obtained a conventional or sub-prime loan, VA has a network of eight Regional Loan Centers and two special servicing centers that can offer advice and guidance. Borrowers may visit VA’s Loan Guaranty website at www.homeloans.va.gov or call toll free (877) 827-3702 to speak with a VA Loan Technician.
Congress Passed Special Foreclosure Prevention Provisions for
Veterans who need to reduce their mortgage payments
Crossposted from Free Flight New Media