While an experienced or productive-obligation service user that have a beneficial Virtual assistant-secured mortgage and you’re against property foreclosure, the Pros Products Maintenance Purchase (VASP) program could help maintain your family. Find out if VASP try an option for you.
We are operating closely that have servicers to be sure qualified Veterans is also change so you’re able to VASP and keep Georgia online payday loan maintaining their houses. The newest directed stop into the foreclosures by way of (named an excellent directed foreclosures moratorium), gets servicers for you personally to use this new system.
Brand new servicer features examined all of the options for avoiding property foreclosure which might be open to the brand new debtor and has now determined that zero selection for staying their residence, also VASP, or replacement for property foreclosure work.
Why does the latest VASP program performs?
Through this system, we choose the altered financing from your own loan servicer. (more…)