Veteran's Guide to Home Loans
The Department of Veterans Affairs helps qualifying veterans (and others) with buying a first home. This help comes through the VA's Loan Guaranty Home Loan Program. This guide will explain:
You may qualify for free legal help with foreclosure.
Loss-Mitigation FAQs for Veterans and Servicemembers
VA Home Loans: Getting Help if You Can't Pay
Loss-mitigation refers to several different methods that are used by lenders to help you avoid losing your home prior to and during the foreclosure process. The VA provides strong incentives for lenders under the Loan Guarantee Program to work with you to avoid foreclosure. In addition, the VA has specialized loan representatives who can help you work with your lender to resolve problems.
Homeowners Assistance Program
The Homeowners Assistance Program (HAP) provides assistance with foreclosure situations. For eligible applicants, the Government may: