Chris Arnold

So Chris and Quill went searching for somebody who was in the middle of this big problem, somebody who was about to lose their home.

Ray and Becky were able to buy their home because of one of the key benefits of military service, what's known as a VA home loan. It's a loan that is backed by the Department of Veterans Affairs.

Ray and Becky were able to buy their home because of one of the key benefits of military service, what's known as a VA home loan. It's a loan that is backed by the Department of Veterans Affairs.

Ray and Becky were able to buy their home because of one of the key benefits of military service, what's known as a VA home loan. It's a loan that is backed by the Department of Veterans Affairs.

And the Queens are able to get that no money down, low rate mortgage in part because the Department of Veterans Affairs acts as this almost like very good, very rich friend for the Queens. The VA basically says to mortgage lenders, hey, you can lend to the Queens and we promise one way or another you'll get paid back. And look, like this is something the U.S.

And the Queens are able to get that no money down, low rate mortgage in part because the Department of Veterans Affairs acts as this almost like very good, very rich friend for the Queens. The VA basically says to mortgage lenders, hey, you can lend to the Queens and we promise one way or another you'll get paid back. And look, like this is something the U.S.

And the Queens are able to get that no money down, low rate mortgage in part because the Department of Veterans Affairs acts as this almost like very good, very rich friend for the Queens. The VA basically says to mortgage lenders, hey, you can lend to the Queens and we promise one way or another you'll get paid back. And look, like this is something the U.S.

government does for most people who buy a home. You've likely heard of Freddie Mac or Fannie Mae, the FHA. These are the massively rich friends that back most of the home loans in the U.S. And that makes it less risky for banks to make loans and has generally brought mortgage rates down. But yeah, anyway.

government does for most people who buy a home. You've likely heard of Freddie Mac or Fannie Mae, the FHA. These are the massively rich friends that back most of the home loans in the U.S. And that makes it less risky for banks to make loans and has generally brought mortgage rates down. But yeah, anyway.

government does for most people who buy a home. You've likely heard of Freddie Mac or Fannie Mae, the FHA. These are the massively rich friends that back most of the home loans in the U.S. And that makes it less risky for banks to make loans and has generally brought mortgage rates down. But yeah, anyway.

It is the Department of Veterans Affairs that helped Ray and Becky Queen get the house that they show to Chris and Quill.

It is the Department of Veterans Affairs that helped Ray and Becky Queen get the house that they show to Chris and Quill.

It is the Department of Veterans Affairs that helped Ray and Becky Queen get the house that they show to Chris and Quill.

When Chris first met the Queens, they were about to lose all of that. During COVID, Becky and Ray were among the millions of Americans who needed the help of mortgage forbearance. Becky's mom died of COVID. Becky had to take extended leave from her job and then lost her job. She called up the company that now handles her mortgage payments, and they told her, yeah, you can pause your payments.

When Chris first met the Queens, they were about to lose all of that. During COVID, Becky and Ray were among the millions of Americans who needed the help of mortgage forbearance. Becky's mom died of COVID. Becky had to take extended leave from her job and then lost her job. She called up the company that now handles her mortgage payments, and they told her, yeah, you can pause your payments.

When Chris first met the Queens, they were about to lose all of that. During COVID, Becky and Ray were among the millions of Americans who needed the help of mortgage forbearance. Becky's mom died of COVID. Becky had to take extended leave from her job and then lost her job. She called up the company that now handles her mortgage payments, and they told her, yeah, you can pause your payments.

Right. She says that they told her that when it was time to start making her mortgage payments again, nothing would really change. Those missed payments would move to the end of the loan. So basically, if she missed a year of payments, she would still owe those just, you know, like way, way down the road.

Right. She says that they told her that when it was time to start making her mortgage payments again, nothing would really change. Those missed payments would move to the end of the loan. So basically, if she missed a year of payments, she would still owe those just, you know, like way, way down the road.

Right. She says that they told her that when it was time to start making her mortgage payments again, nothing would really change. Those missed payments would move to the end of the loan. So basically, if she missed a year of payments, she would still owe those just, you know, like way, way down the road.

And to be clear, this is a very normal way to restart payments after forbearance. And the vast majority of homeowners who had trouble during COVID were able to resume making their mortgage payments in some affordable way. But a lot of military veterans with VA loans were not able to do that.