Veterans Affairs is taking steps to assist Veterans struggling to make their mortgage payments and avoid foreclosure:
VA is asking mortgage servicers to pause foreclosures of VA-guaranteed loans through May 31, 2024. During this pause VA will work with servicers on workable home retention solutions for Veterans; and
VA is 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.