Are you a veteran who is upside down in your mortgage? Have a sub-prime or non-VA-guaranteed loan? Can't afford your payment? Facing possible short sale or foreclosure and need advice or guidance?

There is help!

If you need to speak with a VA loan technician, there is a special servicing center set up just to help you. Visit or call toll free 1-877-827-3702 to speak to a loan technician. If you do not have a VA-guaranteed home loan, the VA will not be able to intervene with a mortgage company on your behalf, so it is imperative that you contact your servicer as quickly as possible; however they will be able to help you with any options available to you.

One of the ways you might be able to be helped--whether or not you are in immediate trouble--is a refinance of your non-VA guaranteed home loan into a VA-guaranteed one. Thanks to the Veterans' Benefits Improvement Act of 2008, veterans who wish to refinance subprime or conventional mortgages may now do so for up to 100% of the property value. That can make a huge difference now and well into the future, not only in your payment amount and interest rate, but over the life of the loan as the VA offers its guarantees, protections, and more favorable terms.

So, don't throw in the towel yet. You served or are serving your country well, and they want to help. Take advantage of it!

For  more information about refinancing and to see if you qualify, give one of our veteran specialists at Patriot Home Mortgage-Pacific Group a call today!