FAQ :: Help :: Contact Us :: Partners
PRE-QUALIFY NOW!
Toll Free: 866-569-8272
No Obligation. Quick & Easy. Call Today!
Request A FREE Rate Quote NOW!!
Loans That Require Prior Approval
(Lender’s Handbook, Chapter 5, Topic 4)
All lenders, whether or not they have automatic authority, must submit the following types of
loans to VA for prior approval:
- Any joint loan where title to the property will be held by the veteran and any person other than the veteran’s spouse.
- Loans to veterans in receipt of VA non-service-connected pension.
- Loans to veterans rated incompetent by VA.
- Interest Rate Reduction Refinancing Loans (IRRRLS) made to refinance delinquent VA loans.
- Cooperative loans.
- Unsecured loans, or loans secured by less than a first lien.
History :: The Complete Lenders Training Guide :: General Rules For Eligibility :: VA Eligibility Center :: Military Records Centers :: Restoration of Entitlement :: Maximum Loan Amount :: Eligible Loan Purposes :: Interest Rate Reduction Refinance Loans :: Cash Out/Other Refinancing Loans :: Refinance Comparison Chart :: Energy Efficient Mortgages :: Joint Loans :: Farm Residence Loans/Adjustable Rate Mortgages :: Prior Approval Loans :: Guaranty :: Appraisal Assignments :: Special Adapted Housing :: VA Repossessed Properties :: Income Verification :: Assets :: Debts and Obligations :: CAIVRS :: Credit Analysis :: Compensating Factors :: Completing VA Form 26-6393 :: Maintenance and Utility Guidelines :: Automated Underwriting Systems :: Closing Packages :: Seller Concessions :: VA Funding Fee :: Guaranty Procedures :: Quality Review :: VA Forms :: Acronyms :: VA Training Broadcasts :: Jurisdiction Codes :: Regional Loan Centers :: VA Loan Number :: Contacting VA
PRE-QUALIFY NOW!
Toll Free: 866-569-8272
No Obligation. Quick & Easy. Call Today!
Some limitations may apply in Texas. Licensed by the CA Department of Corporations under the CRMLA. GA Residential Mortgage Licensee. IL Residential Mortgage Licensee. MA Licensed Lender #1045. MO Residential Mortgage Licensee. NH Licensee 7069 MB. RI Mortgage Lenders Licensee. SD Real Estate Licensee. PHP Version