Chapter 4

VA Announces Revision of Lenders Handbook Chapters 1, 4 and 11, Dated March 12, 2019, Chapter 1-Effective Immediately-Chapters 4 & 11 – Effective May 23, 2019. -NEW Chart – New Chart- Comparison of Previous Chapter 4 (Credit Underwriting) Guideline vs. New Guideline

Written By: Tracey Rumsey, Staff Writer VA announced at the Lenders Conference in April of 2018 that they would be revising both Chapters 4 and 10 of the VA Lenders Handbook.  Based on the information from that conference we provided you with some charts regarding those changes.  The article from May of 2018 is linked [...]

2019-04-09T11:51:28-05:00April 10th, 2019|

VA – Guideline Changes: Did VA Implement the changes they discussed at the Annual Conference last Year? I can’t find anything on that. [NEW Chart – Comparison of Previous Chapter 4 (Credit Underwriting) Guidelines vs New Guidelines]

Answer: VA caused a big stir in the industry when they released and continued to release one update after another during the past couple of weeks.  VA did not issue any documentation regarding “what” changed, so we analyzed the changes and created an 8-page chart for the Chapter 4 credit underwriting guidelines.  In addition to [...]

2019-03-25T08:45:01-05:00March 25th, 2019|

VA Announces Revision of Lenders Handbook Chapters 1, 4 and 11, Dated March 12, 2019, Chapter 1-Effective Immediately-Chapters 4 & 11 – Effective May 23, 2019. -NEW Chart – New Chart- Comparison of Previous Chapter 4 (Credit Underwriting) Guideline vs. New Guideline

Written By: Tracey Rumsey, Staff Writer VA announced at the Lenders Conference in April of 2018 that they would be revising both Chapters 4 and 10 of the VA Lenders Handbook.  Based on the information from that conference we provided you with some charts regarding those changes.  The article from May of 2018 is linked [...]

2019-03-21T17:46:06-05:00March 15th, 2019|