If You're a Military Veteran at Risk of Foreclosure, NPR Wants to Hear From You
Chris Arnold NPR
Iraq war veteran Kevin Conlon is among tens of thousands of veterans left facing foreclosure because of a debacle in the VA home loan program. He and his wife Jenny have been trying to get a new mortgage through a VA loan rescue program called "VASP." (photo: Cindy Schultz/NPR)
This means that vets with VA loans now have worse options than most other Americans if they've fallen behind on mortgage payments since the VA's remaining loan modification options all basically require vets to take out a new loan at today's high mortgage rates of around 7%. This comes at a time when 90,000 vets are seriously behind on their VA home loans. Some of them were left stranded by the VA's own missteps with a COVID forbearance program.
Industry, housing, and veterans groups have been warning that thousands of vets will lose their homes if VA doesn't turn VASP back on until it gets a replacement program in place.
If you are going through this or have been affected by it, NPR wants to hear from you! If you've already lost your home we'd like to hear your story too.
Sharing your experience by filling out the survey below will help us understand the scope of the problem and what homeowners are going through.
We may reach out to you to find out more about your experience and ask if you'd be willing to do an interview.