VA Hardship Assistance in Oxford, Michigan: What Veterans Need to Know
VA Hardship Assistance in Oxford, Michigan: What Veterans Need to Know
Life can throw curveballs, you can lose your job, medical bills may come up, or other financial challenges. For veterans and active-duty service members who own a home in Oxford, Michigan, these challenges can make it tough to keep up with mortgage payments.
The good news? If you have a VA loan, you’re not alone. The VA Hardship Assistance Program is designed to help you avoid foreclosure and stay in your home whether you live in Oxford, Lake Orion, or anywhere in Northeast Oakland County, Michigan.
What Is the VA Hardship Assistance Program?
The VA Hardship Assistance Program is a support service provided by the U.S. Department of Veterans Affairs to help VA loan borrowers who are struggling to make their mortgage payments.
Rather than letting you face foreclosure, the VA can step in to work directly with your lender and explore options to get you back on track.
This is one of the biggest advantages of having a VA home loan in Oxford, Michigan. There’s an entire team ready to advocate for you when life gets tough.
Who Qualifies for VA Hardship Assistance in Oxford, MI?
You may be eligible if:
You have an active VA-backed home loan in Oxford, MI
You are behind on mortgage payments or at risk of falling behind
You’re facing temporary or long-term financial hardship due to job loss, medical expenses, natural disasters, or other unexpected events
How the VA Can Help Oxford, Michigan Veterans
The VA Hardship Assistance Program offers several solutions, depending on your situation:
Repayment Plans – Work out a schedule with your lender to catch up on missed payments over time.
Loan Modification – Adjust your loan terms, such as interest rate or length, to make payments more affordable.
Special Forbearance – Temporarily pause or reduce your mortgage payments until your situation improves.
Refunding – In rare cases, the VA may buy your loan from the lender and work with you directly to create a new repayment plan.
Financial Counseling – VA loan technicians can help you review your budget, explore resources, and guide you through the process.
Why This Matters for Veterans in Oxford, Michigan
For Oxford veterans, the VA Hardship Assistance Program can mean the difference between losing your home and regaining financial stability.
Whether you own a home near Oxford High School, along M-24, or in surrounding communities like Lake Orion, Leonard, or Lapeer, knowing this option exists can give you peace of mind in uncertain times.
How to Get VA Hardship Assistance in Oxford, MI
If you think you might need help:
Contact your loan servicer immediately – Don’t wait until you’ve missed multiple payments.
Call the VA Loan Center at 877-827-3702 – A VA loan technician will explain your options.
Gather financial documents – Pay stubs, bank statements, tax returns, and a hardship letter can help speed the process.
Your Oxford, Michigan VA Loan Resource
As a local real estate professional and veteran myself, I understand the challenges our service members face when it comes to homeownership. I work with veterans in Oxford, Lake Orion, and all of Northeast Oakland County to not only buy and sell homes but also to navigate programs like VA Hardship Assistance.
If you’re a veteran in Oxford, MI, and you’re worried about your mortgage—or if you’re ready to use your VA loan benefit to buy your next home—call me today.
📞 248-843-0036
📧 www.unruhproperty.com
Your service earned you these benefits. Let’s make sure you use them to their fullest.
