The Department of Veterans Affairs is giving borrowers impacted by the pandemic an additional fifteen months to get loan payment relief.

The new deadline for home retention options is now July 1, 2023, according to a circular published by the department on Monday. The options were initially set to expire April 1, 2022.

The reason for the extension was not explained in the one-page circular. A VA spokesperson said in a statement that the department remains committed to assisting veterans who experience financial hardship.

“VA’s Loan Guaranty Service has taken multiple steps to assist veteran borrowers in retaining their details ⇒

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