VA Recently Released Clarification On Underwriting Guidelines For Unreimbursed Employee Expenses. This is great news & should help more Veterans qualify for a VA Loan. Current VA Loan underwriting standards require all Unreimbursed Business Expenses to be listed in Section D, Debts and Obligation, on VA Form 26-6393, Loan Analysis. In order to be […]
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VA Underwriting Guidelines Regarding Student Loans! The clarification will apply to Deferred Student Loans and the new policy will provide guidance for Student Loans in repayment or, to begin repayment within 12 months of a VA Loan closing. Student Loans under certain repayment plan types are described at studentaid.ed.gov. This policy applies to all […]
UPDATE MAY 3, 2017 Can You Get A VA Mortgage With An Open CAIVRS Report? Yes you can, depending on why you’re in the system. Call me at (877)228-9069 for more information or help. If you have applied for a VA Mortgage and had your loan denied because of the CAIVRS report you probably wondered why and […]
Does my spouse have to be on my VA Loan? When it comes time to buy your home with your VA Loan, having your spouse or significant other (more on that in another post) on your VA Loan can be a good thing or a bad thing. If your spouse works/has stable, dependable income […]
Here’s what you need to know if you’re trying to qualify for a VA mortgage and you’re within 12 months of your ETS. If the date is within 12 months of the anticipated date that the VA Mortgage will close, the loan package must also include one of the following four items, or combinations […]
