Finance/Money

Relocated Military Families with or without VA Loans are Protected from Loss

Military families who purchased a home before July 1, 2006 and face a loss due to service relocation may get help from the government.  The home does not need to be financed with a VA loan, but it does have to be their primary residence. The Homeowner’s Assistance Program, part of the 2009 Stimulus Bill,Continue Reading “Relocated Military Families with or without VA Loans are Protected from Loss”

Finance/Money

Active Duty Members Get Relief from VA Loan Default

Relief from VA loan default or foreclosure is available for VA borrowers on active duty through the Servicemembers Civil Relief Act (SCRA).  Many VA borrowers deployed away from home may be able protect their families from financial stress. The Act suspends civil claims against deployed servicemembers and protects their families from going to court, evenContinue Reading “Active Duty Members Get Relief from VA Loan Default”