Mortgage Servicing and Loan Modifications: 38 U.S.C. § 3703. Basic provisions relating to loan guaranty and insurance
(a)(1)(A) Any loan to a veteran eligible for benefits under this chapter, if made for any of the purposes specified in section 3710 of this title and in compliance with the provisions of this chapter, is automatically guaranteed by the United States in an amount not to exceed the lesser of—
(i)(I) in the case of any loan of not more than $45,000, 50 percent of the loan;