Detroit VA Loan Rates, Closing Costs & Stats

Detroit-Warren-Dearborn, MI

A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

For additional benefits of VA loans, click here.

Detroit's 137 lenders originated 2,231 VA loans during 2023. The total origination value was $632,655,000, with an average VA loan value of $283,575.

Detroit VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Detroit averaged 5.72% for the week of 2024-10-04, compared to the national average (all VA variants) of 5.596% for the same period.

Detroit's average VA mortgage closing costs are $5,367.

The average rate for the prior week (2024-09-27) was 5.75% and one month ago for the week of 2024-08-30, the average rate was 6.07%.

The average rate one year ago was 7.31%.

For refis of the same type during the week of 2024-10-04, the average rate was 5.8%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Detroit VA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Detroit level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 370 6.73% $6,485
QUICKEN LOANS, LLC 309 6.22% $9,461
UNITED WHOLESALE MORTGAGE, LLC 295 6.54% $8,095
MORTGAGE 1 INCORPORATED 68 6.63% $7,689
NAVY FEDERAL CREDIT UNION 64 5.92% $5,447
NEW DAY FINANCIAL, LLC 51 7.26% $12,246
PENNYMAC LOAN SERVICES, LLC 47 5.53% $6,251
USAA Federal Savings Bank 43 6.44% $7,179
LOANDEPOT.COM, LLC 40 6.57% $11,541
CROSSCOUNTRY MORTGAGE, LLC 39 6.77% $9,329
UNION HOME MORTGAGE CORP. 35 7.03% $9,993
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 34 6.68% $8,110
FREEDOM MORTGAGE CORPORATION 33 6.58% $14,374
NEWREZ LLC 33 6.83% $8,262
GUARANTEED RATE, INC. 26 6.28% $5,919
STAUNTON FINANCIAL, INC. 25 6.72% $6,173
Flagstar Bank, FSB 24 6.71% $6,531
SUCCESS MORTGAGE PARTNERS, INC. 23 6.55% $8,403
Mr. Cooper ( Nationstar Mortgage ) 23 6.10% $10,806
MICHIGAN MUTUAL, INC. 22 6.76% $9,610
CALIBER HOME LOANS, INC. 21 6.30% $7,891
The Federal Savings Bank 20 6.25% $15,880
The Huntington National Bank 20 6.67% $5,391
JPMorgan Chase Bank 19 6.37% $5,398
ROSS MORTGAGE CORPORATION 17 6.93% $7,714
First State Bank 16 6.73% $8,839
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 15 6.47% $8,229
DAS Acquisition Company, LLC 13 6.65% $7,618
Barrington Bank & Trust Company, N.A. 12 6.10% $8,113
VILLAGE CAPITAL MORTGAGE 12 6.55% $7,444
EVERETT FINANCIAL, INC. 11 6.83% $8,581
LAKE MICHIGAN CREDIT UNION 10 6.29% $5,944
AMERISAVE MORTGAGE CORPORATION 10 5.74% $12,788
PLAZA HOME MORTGAGE, INC. 10 6.62% $8,447
Equity Prime Mortgage LLC 10 7.18% $10,445
FIRST COMMUNITY MORTGAGE, INC. 9 6.21% $7,466
TOWNE MORTGAGE COMPANY 8 6.75% $8,665
Plains Commerce Bank 8 6.73% $6,845
AMERICAN FINANCIAL NETWORK, INC. 8 6.80% $6,879
BROKER SOLUTIONS, INC. 7 6.41% $12,072
Preston Home Loans Inc 7 7.20% $11,426
M/I FINANCIAL, LLC 7 5.66% $13,082
CARDINAL FINANCIAL 6 6.73% $6,178
PENTAGON FEDERAL CREDIT UNION 6 5.85% $9,327
Fifth Third Bank 6 6.54% $5,253
MICHIGAN FIRST CREDIT UNION 6 6.31% $5,511
Nations Lending Corporation 6 6.50% $7,408
NATIONS DIRECT MORTGAGE, LLC 6 6.44% $7,911
MORTGAGE SOLUTIONS OF COLORADO, LLC 6 8.04% $285
Magnolia Bank 6 6.29% $12,408
Citizens Bank 6 6.38% $5,078
PLANET HOME LENDING, LLC 5 6.10% $7,157
PREMIA MORTGAGE, LLC 5 6.25% $1,717
CMG MORTGAGE, INC. 5 6.50% $13,153
U.S. Bank 5 6.07% $7,680
MUTUAL OF OMAHA MORTGAGE, INC. 5 6.45% $8,421
First Merchants Bank 5 7.05% $8,116
Northpointe Bank 4 6.59% $7,935
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 6.66% $6,214
BM Real Estate Services, Inc. 4 6.84% $3,648
HOMESITE MORTGAGE, LLC 4 6.72% $11,541
J. VIRGIL, INC. 4 6.12% $4,254
MOVEMENT MORTGAGE, LLC 4 6.56% $5,880
NBKC BANK 4 5.66% $9,728
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.88% $5,937
THE MORTGAGE LINK, INC. 4 7.50% $7,702
Sunflower Bank 3 5.41% $6,152
Independent Bank 3 6.79% $10,305
Wells Fargo Bank 3 6.17% $5,191
GUILD MORTGAGE COMPANY 3 6.75% $10,394
The Central Trust Bank 3 5.21% $8,415
Cornerstone First Mortgage, Inc 3 7.00% $14,110
AMERICAN FINANCIAL RESOURCES, INC. 3 7.17% $6,317
University Bank 3 6.54% $8,322
AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.67% $8,023
ACADEMY MORTGAGE CORPORATION 3 6.33% $3,977
PNC Bank 3 7.13% $3,415
RUOFF MORTGAGE COMPANY, INC. 3 7.00% $10,094
Century Mortgage Company DBA Century Lending Company 3 6.75% $7,025
LOANPAL, LLC 3 5.83% $12,586
MEMBER FIRST MORTGAGE, LLC 2 6.69% $7,422
OCMBC, INC. 2 6.63% $7,175
Bank of England 2 6.69% $9,264
GUARANTEED RATE AFFINITY, LLC 2 7.06% $4,047
MORTGAGEONE, INC. 2 7.25% $12,794
VAN DYK MORTGAGE CORPORATION 2 7.38% $8,023
SUMMIT FUNDING, INC. 2 5.75% $32,906
SUN WEST MORTGAGE COMPANY, INC. 2 7.00% $8,884
Platinum Home Mortgage Corporation 2 6.75% $5,335
DELMAR FINANCIAL COMPANY 2 7.13% $6,807
MORTGAGE CENTER L.C 2 6.63% $7,185
Credence Funding Corporation 2 5.81% $4,006
CORNERSTONE HOME LENDING, INC. 2 6.75% $7,704
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.75% $4,648
PULTE MORTGAGE LLC 2 6.56% $6,799
RELIANCE FIRST CAPITAL, LLC 2 5.88% $8,073
BLACK HILLS FEDERAL CREDIT UNION 1 5.00% $17,186
The Loan Store, Inc. 1 7.13% $8,986
ZILLOW HOME LOANS, LLC 1 6.63% $5,686
TJC Mortgage, Inc. 1 7.38% $14,918
TOP FLITE FINANCIAL, INC. 1 7.50% $10,638
Bank of Ann Arbor 1 6.88% $3,813
LIBERTY HOME MORTGAGE CORPORATION 1 7.63% $25,870
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.63% $58
AMERICAN FINANCING CORPORATION 1 6.63% $5,537
MID AMERICA MORTGAGE, INC. 1 7.13% $3,776
Mid-Continent Funding, Inc. 1 6.50% $16,419
Armed Forces Bank 1 6.63% $12,310
MORTGAGE ACCESS CORP. 1 6.25% $15,166
LEGEND LENDING CORPORATION 1 7.13% $12,623
LAKEVIEW LOAN SERVICING, LLC 1 6.75% $10,920
INSPIRE HOME LOANS INC. 1 5.63% $2,882
M&T Bank 1 7.50% $7,186
HOMESIDE FINANCIAL, LLC 1 6.50% $40,766
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.75% $11,794
Neighborhood Loans, Inc. 1 7.13% $17,091
GVC MORTGAGE, INC. 1 6.63% $11,897
NFM, INC. 1 6.25% $13,906
NORTHERN MORTGAGE SERVICES, LLC 1 6.13% $6,190
ON Q FINANCIAL, INC. 1 7.25% $4,736
Paramount Residential Mortgage Group, Inc. 1 7.00% $2,558
ENVOY MORTGAGE, LTD 1 7.25% $5,640
PHH Mortgage Corporation 1 7.50% $13,399
EMM LOANS LLC 1 7.63% $7,584
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 7.25% $5,468
Prosperity Home Mortgage, LLC 1 5.75% $3,302
Community First National Bank 1 6.75% $4,067
SeaTrust Mortgage Company 1 6.63% $1,728
Servion, Inc. 1 7.13% $8,200
Shamrock Home Loans, Inc. 1 6.25% $3,207
SIWELL, INC. 1 6.63% $20,167
SOVEREIGN LENDING GROUP INCORPORATED 1 5.75% $12,111
STOCKTON MORTGAGE CORPORATION 1 6.25% $7,094
Strong Home Mortgage, LLC 1 6.49% $4,310
BNC National Bank 1 5.50% $8,733
TBI MORTGAGE COMPANY 1 5.75% $10,813
The Dart Bank 1 7.13% $9,105

The top Detroit VA lender as defined by loan originations is Mortgage Research Center, LLC, with 370 VA loans originated. Their average total fees are $6,485, which is $2,976 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Detroit VA lenders (with over 10 loans originated) are The Huntington National Bank ($5,391), JPMorgan Chase Bank ($5,398), NAVY FEDERAL CREDIT UNION ($5,447), GUARANTEED RATE, INC. ($5,919) and LAKE MICHIGAN CREDIT UNION ($5,944).

The lowest rate Detroit VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.53%), AMERISAVE MORTGAGE CORPORATION (5.74%), NAVY FEDERAL CREDIT UNION (5.92%), Mr. Cooper ( Nationstar Mortgage ) (6.10%) and Barrington Bank & Trust Company, N.A. (6.10%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Detroit (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $199,900 (7.3%) $309,468 (5.2%) 0.74 9,939
2018-02-01 $205,500 (6.8%) $318,782 (6.5%) 0.75 9,269
2018-03-01 $224,900 (5.9%) $337,975 (8.2%) 0.79 9,082
2018-04-01 $242,450 (7.8%) $343,455 (5.1%) 0.82 9,491
2018-05-01 $249,900 (6.6%) $348,685 (3.2%) 0.83 10,496
2018-06-01 $253,200 (7.5%) $353,380 (3.9%) 0.84 11,781
2018-07-01 $249,900 (6.3%) $346,045 (2.7%) 0.83 12,978
2018-08-01 $244,950 (8.0%) $336,152 (2.9%) 0.82 14,301
2018-09-01 $239,900 (6.6%) $334,379 (2.9%) 0.81 14,957
2018-10-01 $230,950 (4.3%) $326,364 (1.2%) 0.78 14,879
2018-11-01 $225,000 (4.2%) $318,603 (0.1%) 0.76 14,428
2018-12-01 $219,900 (4.8%) $314,446 (-0.2%) 0.76 13,252
2019-01-01 $218,550 (9.3%) $313,254 (1.2%) 0.76 12,159
2019-02-01 $219,950 (7.0%) $316,952 (-0.6%) 0.74 11,495
2019-03-01 $232,814 (3.5%) $329,647 (-2.5%) 0.76 11,352
2019-04-01 $249,950 (3.1%) $345,374 (0.6%) 0.79 11,488
2019-05-01 $259,900 (4.0%) $351,992 (1.0%) 0.81 12,362
2019-06-01 $262,000 (3.5%) $350,214 (-0.9%) 0.82 13,710
2019-07-01 $259,900 (4.0%) $344,094 (-0.6%) 0.81 14,992
2019-08-01 $253,355 (3.4%) $337,144 (0.3%) 0.80 15,526
2019-09-01 $243,536 (1.5%) $328,210 (-1.8%) 0.78 15,829
2019-10-01 $236,991 (2.6%) $321,784 (-1.4%) 0.76 15,906
2019-11-01 $229,900 (2.2%) $317,751 (-0.3%) 0.75 14,871
2019-12-01 $224,900 (2.3%) $311,231 (-1.0%) 0.75 13,035
2020-01-01 $219,950 (0.6%) $310,474 (-0.9%) 0.74 11,629
2020-02-01 $222,250 (1.1%) $315,582 (-0.4%) 0.73 10,735
2020-03-01 $237,850 (2.2%) $329,570 (0.0%) 0.75 10,380
2020-04-01 $243,950 (-2.4%) $333,299 (-3.5%) 0.76 9,897
2020-05-01 $249,900 (-3.9%) $338,713 (-3.8%) 0.76 10,722
2020-06-01 $272,725 (4.1%) $365,212 (4.3%) 0.80 10,264
2020-07-01 $278,375 (7.1%) $374,372 (8.8%) 0.81 9,832
2020-08-01 $274,900 (8.5%) $373,949 (10.9%) 0.79 9,311
2020-09-01 $269,950 (10.9%) $373,481 (13.8%) 0.77 8,992
2020-10-01 $264,975 (11.8%) $373,814 (16.2%) 0.76 8,484
2020-11-01 $254,950 (10.9%) $373,410 (17.5%) 0.75 7,677
2020-12-01 $249,950 (11.1%) $370,800 (19.1%) 0.74 6,754
2021-01-01 $249,900 (13.6%) $372,940 (20.1%) 0.75 5,690
2021-02-01 $250,000 (12.5%) $388,674 (23.2%) 0.73 4,731
2021-03-01 $266,138 (11.9%) $398,112 (20.8%) 0.76 4,597
2021-04-01 $269,950 (10.7%) $405,925 (21.8%) 0.73 4,725
2021-05-01 $279,900 (12.0%) $409,975 (21.0%) 0.74 5,266
2021-06-01 $276,575 (1.4%) $396,675 (8.6%) 0.73 6,498
2021-07-01 $275,000 (-1.2%) $391,506 (4.6%) 0.73 7,192
2021-08-01 $267,400 (-2.7%) $383,727 (2.6%) 0.71 7,991
2021-09-01 $249,950 (-7.4%) $370,605 (-0.8%) 0.67 8,195
2021-10-01 $242,990 (-8.3%) $360,143 (-3.7%) 0.65 7,880
2021-11-01 $227,450 (-10.8%) $348,427 (-6.7%) 0.61 7,274
2021-12-01 $216,950 (-13.2%) $345,696 (-6.8%) 0.59 6,293
2022-01-01 $205,000 (-18.0%) $341,364 (-8.5%) 0.55 5,189
2022-02-01 $216,100 (-13.6%) $354,193 (-8.9%) 0.56 4,626
2022-03-01 $227,450 (-14.5%) $360,375 (-9.5%) 0.57 4,771
2022-04-01 $249,900 (-7.4%) $376,980 (-7.1%) 0.60 5,012
2022-05-01 $274,000 (-2.1%) $384,656 (-6.2%) 0.63 6,341
2022-06-01 $279,950 (1.2%) $388,401 (-2.1%) 0.62 7,666
2022-07-01 $279,900 (1.8%) $381,932 (-2.5%) 0.63 9,283
2022-08-01 $272,400 (1.9%) $370,532 (-3.4%) 0.63 9,869
2022-09-01 $263,950 (5.6%) $366,213 (-1.2%) 0.62 9,757
2022-10-01 $250,000 (2.9%) $355,627 (-1.3%) 0.59 9,855
2022-11-01 $247,000 (8.6%) $347,733 (-0.2%) 0.59 9,742
2022-12-01 $230,000 (6.0%) $341,678 (-1.2%) 0.57 8,672
2023-01-01 $227,125 (10.8%) $343,290 (0.6%) 0.56 7,431
2023-02-01 $229,450 (6.2%) $347,618 (-1.9%) 0.55 6,513
2023-03-01 $236,950 (4.2%) $362,617 (0.6%) 0.56 5,940
2023-04-01 $250,000 (0.0%) $384,503 (2.0%) 0.58 5,885
2023-05-01 $267,450 (-2.4%) $399,457 (3.9%) 0.61 6,033
2023-06-01 $270,000 (-3.6%) $402,235 (3.6%) 0.61 6,448
2023-07-01 $269,000 (-3.9%) $393,621 (3.1%) 0.61 6,988
2023-08-01 $272,400 (0.0%) $389,930 (5.2%) 0.63 7,448
2023-09-01 $262,000 (-0.7%) $386,050 (5.4%) 0.61 7,660
2023-10-01 $252,250 (0.9%) $382,592 (7.6%) 0.59 7,907
2023-11-01 $247,000 (0.0%) $373,047 (7.3%) 0.59 8,116
2023-12-01 $235,250 (2.3%) $365,972 (7.1%) 0.57 7,356
2024-01-01 $229,450 (1.0%) $363,472 (5.9%) 0.56 6,424
2024-02-01 $229,450 (0.0%) $368,064 (5.9%) 0.55 6,201
2024-03-01 $239,900 (1.2%) $380,019 (4.8%) 0.56 6,151
2024-04-01 $250,000 (0.0%) $387,737 (0.8%) 0.58 6,144
2024-05-01 $259,500 (-3.0%) $409,085 (2.4%) 0.59 6,544
2024-06-01 $275,000 (1.9%) $425,713 (5.8%) 0.62 7,111
2024-07-01 $279,900 (4.1%) $430,586 (9.4%) 0.64 7,737
2024-08-01 $279,900 (2.8%) $417,041 (7.0%) 0.65 8,525
2024-09-01 $277,000 (5.7%) $407,313 (5.5%) 0.00 8,921
Detroit's median listing price for 2024-09-01 was $277,000, a difference of $15,000 (5.7%) versus the prior year and $-2,900 versus the prior month.

Detroit's median listing price comes in at 0% of the national average.

Detroit's average listing price for 2024-09-01 was $407,313, a difference of $21,263 (5.5%) versus the prior year and $-9,728 versus the prior month.

For the 2024-09-01 period, Detroit had 8,921 MLS listings, a difference of 396 listings (5%) versus the prior month and 1,261 listings (16%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Detroit (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 63 days 1,578 sqft
2018-02-01 58 days 1,581 sqft
2018-03-01 45 days 1,644 sqft
2018-04-01 36 days 1,686 sqft
2018-05-01 33 days 1,713 sqft
2018-06-01 33 days 1,734 sqft
2018-07-01 36 days 1,723 sqft
2018-08-01 35 days 1,700 sqft
2018-09-01 40 days 1,692 sqft
2018-10-01 43 days 1,642 sqft
2018-11-01 46 days 1,613 sqft
2018-12-01 56 days 1,585 sqft
2019-01-01 61 days 1,581 sqft
2019-02-01 60 days 1,595 sqft
2019-03-01 45 days 1,631 sqft
2019-04-01 36 days 1,683 sqft
2019-05-01 34 days 1,717 sqft
2019-06-01 36 days 1,728 sqft
2019-07-01 37 days 1,724 sqft
2019-08-01 40 days 1,706 sqft
2019-09-01 43 days 1,675 sqft
2019-10-01 45 days 1,651 sqft
2019-11-01 51 days 1,624 sqft
2019-12-01 62 days 1,598 sqft
2020-01-01 69 days 1,584 sqft
2020-02-01 58 days 1,586 sqft
2020-03-01 47 days 1,604 sqft
2020-04-01 59 days 1,620 sqft
2020-05-01 65 days 1,640 sqft
2020-06-01 38 days 1,725 sqft
2020-07-01 37 days 1,740 sqft
2020-08-01 33 days 1,710 sqft
2020-09-01 35 days 1,669 sqft
2020-10-01 36 days 1,641 sqft
2020-11-01 40 days 1,600 sqft
2020-12-01 48 days 1,576 sqft
2021-01-01 51 days 1,557 sqft
2021-02-01 39 days 1,562 sqft
2021-03-01 28 days 1,577 sqft
2021-04-01 22 days 1,595 sqft
2021-05-01 18 days 1,604 sqft
2021-06-01 19 days 1,600 sqft
2021-07-01 22 days 1,590 sqft
2021-08-01 24 days 1,558 sqft
2021-09-01 30 days 1,514 sqft
2021-10-01 31 days 1,493 sqft
2021-11-01 36 days 1,451 sqft
2021-12-01 43 days 1,420 sqft
2022-01-01 52 days 1,406 sqft
2022-02-01 34 days 1,416 sqft
2022-03-01 25 days 1,441 sqft
2022-04-01 22 days 1,486 sqft
2022-05-01 20 days 1,537 sqft
2022-06-01 23 days 1,559 sqft
2022-07-01 28 days 1,551 sqft
2022-08-01 32 days 1,532 sqft
2022-09-01 39 days 1,522 sqft
2022-10-01 39 days 1,500 sqft
2022-11-01 43 days 1,484 sqft
2022-12-01 52 days 1,453 sqft
2023-01-01 62 days 1,444 sqft
2023-02-01 55 days 1,456 sqft
2023-03-01 46 days 1,473 sqft
2023-04-01 37 days 1,508 sqft
2023-05-01 30 days 1,531 sqft
2023-06-01 31 days 1,536 sqft
2023-07-01 32 days 1,532 sqft
2023-08-01 36 days 1,523 sqft
2023-09-01 40 days 1,508 sqft
2023-10-01 40 days 1,480 sqft
2023-11-01 41 days 1,460 sqft
2023-12-01 50 days 1,445 sqft
2024-01-01 50 days 1,458 sqft
2024-02-01 46 days 1,447 sqft
2024-03-01 42 days 1,463 sqft
2024-04-01 39 days 1,479 sqft
2024-05-01 32 days 1,498 sqft
2024-06-01 31 days 1,516 sqft
2024-07-01 37 days 1,522 sqft
2024-08-01 36 days 1,520 sqft
2024-09-01 0 days 1,511 sqft
Detroit's median listing age (time on market) for 2024-09-01 was 0 days. This is -100% shorter than the same period one year ago.

Detroit's median square footage for active listings during the 2024-09-01 period was 1,511 sqft. One year prior, the average listing was 1,508 sqft.

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.