“VA is reaching out to veterans — both those who use the VA’s home-loan guaranty program and those who don’t take advantage of the guaranties — to keep people in their homes,” said Secretary of Veterans Affairs Dr. James B. Peake. “I’m proud of our solid record of success in helping veterans and active-duty personnel deal with financial crises.”
According to the VA website, VA Counselors can assist other veterans with financial problems. Counselors have helped about 74,000 veterans, active-duty members and survivors keep their homes since 2000, a savings to the government of nearly $1.5 billion.
Depending on a veteran’s circumstances, VA can intercede with the borrower on the veteran’s behalf to pursue options — such as repayment plans, forbearance, and loan modifications — that would allow a veteran to keep a home.
To obtain help from a VA financial counselor, veterans can call VA toll-free at 1-877-827-3702. Information about VA’s home loan guaranty program can be obtained at www.homeloans.va.gov.
Kathy Dyer Realtor CABRE #01723710
KW Coastal Estates
Carmel Ca. 93923