military hap program: Military Member in San Diego Facing Foreclosure with VA loan
- 11/20/10 08:20 AM
Military member in San Diego facing foreclosure with VA loan - The good news is there are options even after being denied a loan modification. If you're pcsing more than 50 miles from your current duty station and not behind on your mortgage payments, you may qualify for the US Government Housing Assistance Program or HAP benefit. The home must be the military member's primary residence and have lost more than 20 percent of it's value. The HAP benefit has helped many members and is often a much better alternative to a traditional short sale. There is no negative impact on … (3 comments)
Military member in San Diego facing foreclosure with VA loan - The good news is there are options even after being denied a loan modification. If you're pcsing more than 50 miles from your current duty station and not behind on your mortgage payments, you may qualify for the US Government Housing Assistance Program or HAP benefit. The home must be the military member's primary residence and have lost more than 20 percent of it's value.
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