Rants and Gems #115 VA Loan update

o ensure these Veterans can stay in their homes, VA is taking two steps:

We are calling on mortgage servicers to pause foreclosures of VA-guaranteed loans through May 31, 2024. During this pause we will work with servicers on workable home retention solutions for Veterans; and We are extending the COVID-19 Refund Modification program through May 31, 2024. This extension will allow Veterans to obtain a zero-interest, deferred-payment loan from VA to cover missed payments and modify their existing VA-guaranteed loan to achieve affordable monthly payments for the duration of this extension.

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