Avoiding a foreclosure with VA help
At the end of May, the Department of Veterans Affairs will start a new program called VASP, Veterans Affairs Servicing Purchase, to help over 40,000 veterans stay in their homes when facing foreclosure.
If you have a VA home loan, and if you’re active duty, a veteran or a surviving spouse, you could be eligible for help through VASP if you’re in serious financial trouble. VASP will come in and buy out your loan, modify it and then handle it as a direct VA loan. One of the best parts is that you’ll get a fixed
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