The VA Extends Covid-19 Refund Modification Program

Release Date: 
Wed, 11/22/2023

 

The U.S. Department of Veterans Affairs (the VA) recently announced efforts to help Veterans stay in their homes:

  • The VA will be extending its COVID-19 Refund Modification Program through May 31, 2024. The program allows Veterans to obtain VA loans to cover missed payments and modify existing VA-guaranteed loans with the goal of achieving affordable monthly payments.
  • The VA has asked mortgage servicers to pause foreclosure of VA-guaranteed loans through May 31, 2024. During the pause the VA intends to work with servicers to find workable home retention solution for Veterans.

More information about the VA housing assistance programs can be found on the VA's website.