We don't do the loan itself directly, so you still have to qualify under the lender's qualification criteria. What we do is provide the guarantee to the lender. If they take additional risks with that veteran, we'll guarantee that they're not going to lose money. This covers up to 25% of the value of the home. It allows a veteran to move into a home for no money out of pocket. It allows them to do that without having to come up with the 20%-plus normally required to get into a home in the first place.
This program has been hugely successful for us. About three or four months ago, we did our 20 millionth loan. Our foreclosure rate on those homes is best in class in the industry, bar none. This is because of our aggressiveness. Any time there's a mispayment or a late payment, we step in—we restructure loans and we do financial counselling for the veterans. We help them get back on track and stay in that house. It's a best-in-class performance at very low risk to the private sector.