VA Home Loan Program

Last year, VA helped 72,391 veterans and servicemembers who were in default on their mortgage loan retain their homes or avoid foreclosure. For veterans and Servicemembers who have trouble meeting their mortgage obligations or anticipate problems in the near future, VA first recommends contacting their loan servicer.  Depending on the situation, VA's loan specialists can intervene on a veteran's behalf to help pursue home-retention options such as repayment plans, forbearances, and loan modifications. Veterans and Servicemembers can also call VA toll-free at (877) 827-3702 to speak with a VA specialist concerning foreclosure avoidance.  For more information, visit the VA Home Loan section of the Mililtary.com Money Center