soldiers and sailors relief act of 1940: does it apply to active duty with a mortgage loan?

Question

I am active duty military, and got a mortgage loan in Aug 06. Does the SSRA apply to me , or is it just for reservists called into active duty? Thank you.

Answer 1

It is no longer the Soldiers and Sailors Civil Relief Act. It is now called the Service members Civil Relief Act signed into law in 2003. This law applies to any person who joins, or is called to active duty. The reduction of Mortgage rates would only apply if the Mortgage was enacted prior to entry into military service. See link below for better explanation.