Learn more about Mortgage Relief Resources


Struggling to Make Your Mortgage Payments?


If you anticipate a serious problem paying your mortgage because of a financial emergency, don’t wait until you’ve missed a payment. Reputable mortgage lenders really don’t want to foreclose. If you find yourself in this situation, contact us as soon as possible. You may be able to get your loan modified or have payments temporarily suspended.

Resources to Help Prevent Foreclosure

  • Virginia Housing Customers

    If you are concerned about making your mortgage payment, our Borrower’s Assistance Program will determine if you qualify for one or more of our Home Retention or Loss Mitigation options.

    Borrower's Assistance Program

    How to Apply

    Download our Borrower’s Assistance Package and complete all the pages in the package.  Pages one and two will detail the additional information and documents that will be required to send to us.

    Sign the forms and mail to:

    Virginia Housing
    Attn: Loss Mitigation Department
    P.O. Box 4627
    Richmond, VA 23220

    Or, send the forms via fax or email:
    Fax: 804-343-8680
    Email: LossMitigation@VirginiaHousing.com

    What to Expect

    Upon receipt of your Borrower’s Assistance Package, we will review the documentation and notify you of any additional documentation that is required. You will be notified once your documentation is complete and your Virginia Housing point of contact has been assigned.

    Have questions about our loss mitigation process? Contact us at 888-756-8603

  • Fannie Mae

    Fannie Mae’s information and resources can help you understand your choices when it comes to paying your mortgage during times of financial difficulty. Be sure to learn about preventing foreclosure.

  • Veterans: VA Loans

    With the 2011 update by the U.S. Department of Veterans Affairs (VA), lenders are encouraged to modify more loans and be more flexible.

  • Foreclosure Counseling

    Free housing counseling can help you avoid foreclosure and understand what mortgage possibilities you may have.