2.5% Fixed Rate Offered By VA through the VASP Program. Veterans Affairs Servicing Purchase

Free Consultation for Nexus Letter, DBQs and more. Click here https://crm.zoho.com/bookings/BookYou... VA announces new program to help more than 40,000 Veterans stay in their homes If you don't qualify for VASP Check with David at VA Housing Education    / @vahousingeducation   On May 31, 2024, the Department of Veterans Affairs will launch a new program — the Veterans Affairs Servicing Purchase (VASP) program — to help more than 40,000 Veterans experiencing severe financial hardship avoid foreclosure and stay in their homes. VASP is a new, last-resort tool in VA’s comprehensive suite of home retention options for eligible Veterans, active-duty Service members, and surviving spouses with VA-guaranteed home loans who are experiencing severe financial hardship. Through VASP, VA will purchase defaulted VA loans from mortgage servicers, modify the loans, and then place them in the VA-owned portfolio as direct loans. This will empower VA to work directly with eligible Veterans to adjust their loans — and their monthly payments — so they can keep their homes. With VASP, these borrowers will have a fixed 2.5% interest rate, which will provide a consistent, affordable payment for the remainder of their loan https://www.va.gov/wilmington-health-...