The Servicemembers Civil Relief Act (SCRA) is a federal law that provides a range of civil and financial protections for active-duty military members. SCRA safeguards cover everything from mortgage interest rates and foreclosure to car and rental leases and income tax payment.
With a whiteboard and marker, VA loans expert Chris Birk explains how SRCA covers both regular active-duty military members and Guard and Reserve members who’ve been activated under federal orders.
Time Stamps
0:10 - What is the SCRA?
0:43 - SCRA Eligibility
1:11 - Interest-Rate Caps
1:30 - Foreclosure Prevention
2:07 - Predating Enlistment
2:29 - Request Relief from Lender
2:41 - Documents Required
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