Breaking NEWS! Finally - Update to VA Foreclosure Program!

5 Просмотры

Спасибо! Поделитесь с друзьями!

Вам не понравилось видео. Спасибо за то что поделились своим мнением!

Издатель Mar 7, 2026

#valoan #vahomeloan #vabenefits #vahousingeducation #VAForeclosure

Schedule a Call Today: https://bit.ly/VA_Appointment

VA Website - https://www.benefits.va.gov/homeloans/drafting-table/

We finally have an update from the VA regarding foreclosure help for veterans using the VA home loan. The Department of Veterans Affairs has released a draft policy for a new VA Partial Claim Program, which is designed to help borrowers who have fallen behind on their mortgage payments avoid foreclosure.

In this video, we break down how the VA Partial Claim Program works, who may qualify, and the major limitations veterans need to understand before relying on it as a solution.

What the VA Partial Claim Program Does
The program allows the VA to pay the amount a veteran is behind on their mortgage, including missed payments, interest, taxes, and insurance. That amount becomes a zero-interest second lien on the property, allowing the borrower to bring the loan current without adding monthly payments.

Key Requirements
To qualify, veterans generally must:
- Be at least 3 months behind on their VA mortgage
- Have the home as their primary residence
- Have made at least 12 payments on the loan
- Not currently be in active bankruptcy

Important Limitations
One of the biggest restrictions is the cap on how much the VA can cover.

For most loans, the reinstatement amount cannot exceed 25% of the unpaid principal balance.
For some loans tied to missed payments between March 2020 and May 2025, the cap increases to 30%.

If the amount needed to bring the loan current exceeds that limit, the borrower may not qualify for the program.

One-Time Assistance
The VA Partial Claim Program is a one-time loss mitigation option, and the balance must eventually be repaid when:
- The home is sold
- The loan is refinanced
- The mortgage reaches maturity
- Ownership of the property transfers

Why This Matters
For veterans experiencing financial hardship, understanding VA foreclosure options like loan modifications, selling the home, or the VA Partial Claim Program can make the difference between keeping a home and losing it.

► ► Get Pre-Approved With My Team → https://bit.ly/ApplyToday_VA
► ► Get Your Certificate of Eligibility → https://bit.ly/COEreview