Home Foreclosure HelpToday’s economy is quite difficult. This situation has led to hundreds of thousands of Americans being in risk of losing their homes, and of those individuals who are at risk, a high percentage of them are veterans.

The following are some steps that veterans should take in an effort to ensure that they stay in their homes:

  • Homeowners need to contact their lender at the first sign of a problem.
  • Always make a payment, even if you only make a partial one.
  • The veteran should seek a third party representation to guide and speak on his/her behalf. If this becomes too costly, many areas have a certified FHA community housing counselor that will offer their services for free.
  • Lastly the homeowner needs to stay honest, forthcoming in all financial problems and remember that their lender wants to keep them in their home.

Some resources are available to veterans through the VA. These resources are minimal and must be contacted by the veteran to initiate the process of refinancing. The following is a list of these resources:

VA Regional Office – 1-888-869-0194

Property must have equity and be current on payments to qualify for any programs at this level. No appraisal, proof of income or underwriting is needed.

FHA (HUD) – 1-800-225-5342 – www.Hud.gov/foreclosure

A counselor will be provided to help guide individuals to programs that they qualify for and assist in processing.


Hope Now Alliance – 1-888-995-4673 – www.hopenow.com.

The Hope Now Alliance is a cooperative effort between the US government, counselors, investors, and lenders to help homeowners who may not be able to pay their mortgages. Created in 2007 in response to the sub-prime mortgage crisis, the alliance claims to have helped over 2 million homeowners avoid foreclosure in 2017.