Posted on: 12th Oct, 2010 04:00 pm
I'm retired military with a VA guaranteed loan, receiving military retirement pay, if I'm forclosed on will my retirement pay be affected?
That's a great question. I don't see why it would affect your retirement pay at all off the top of my head. My understanding is that the VA doesn't require any losses to be repaid as a result of foreclosure unless you're trying to become eligible again to buy a home using a VA loan.