HAP - How to Apply

Application

The basic application is made on DD Form 1607, Application for Homeowners Assistance Program. Part III, Section IV of the form must be completed by your personnel officer. In addition, you must submit a variety of documents to show evidence of your ownership of the property, your occupancy dates, your assignment orders, your efforts to sell the home (whether it was sold), and mortgage details.

For more information on the application process and to download the HAP application please click here .

Financial Information

Information on VA Home Loans

If your mortgage is either VA Guaranteed or FHA Insured and you sold your house on a private sale by an assumption of the existing mortgage, we suggest that you request a release of liability from either VA/FHA, depending on the type of mortgage.

If your buyer is not acceptable to VA or FHA, you will not receive any HAP benefits until you obtain a release of liability.

Please note that all of these documents are necessary to help in expediting your application.

Sell or Not Sell?

A key part of the process is your continued effort to sell your house privately, at the best possible price. If your HAP application is approved and you meet all the eligibility requirements, you will be paid an amount up to the difference between 95% of the Fair Market Value prior to the closure announcement, and the appraised value at sale time.

Additionally, some of the costs for selling your home privately may be reimbursed to you.

Since HAP will not reimburse you for the total loss in value, it is to your advantage to sell at the best price possible.

For more information on HAP financial information and to download the HAP Tax Exemption, please click here .