Federal SCRA
Mortgages & homeownership
See interest and foreclosure protections for mortgages and home-equity accounts opened before service.
Protections worth checking
Possible 6% cap during service plus one year for qualifying mortgages and similar home loans
Court order generally required for a covered foreclosure or seizure
Possible court pause or payment adjustment when service makes payment difficult
Federal SCRA details
04Credit cards, loans, and financed property
Foreclosure protection for a home or other mortgaged property
Check the dates and documents
Credit cards, loans, and financed property
Foreclosure protection for a home or other mortgaged property
A qualifying foreclosure, sale, or seizure generally needs a court order during service and for one year after. A court may pause the action or adjust payments when military service seriously affects the member's ability to pay.
The member still owes a pre-service loan secured by property the member owns, such as a mortgage or qualifying home-equity line of credit.
No advance notice is needed for the court-order rule. Ask a court for a pause or payment adjustment and get help quickly if a sale is threatened.
Check the dates and documents → get help now
Facing foreclosure, eviction, repossession, wage garnishment, a property sale, or a court deadline? Get legal help now.