VA Underwriting Guidelines For Full Qualifying Files

VA has approved the use of 5 Automated Underwriting Systems for use with VA loans, including Loan Prospector, Desktop Underwriter, CLUES, ZIPPY, and PMI Aura. Lenders may be guided by an “Accept/Approve” rating from an AUS in deciding whether a loan may be approved. Documentation requirements for loans processed through an AUS may be found in the 2008 VA Lender’s Handbook.

For detailed underwriting guidelines on full qualification files please refer to the 2008 VA Handbook.

CONTACTING VA:

FOR A COMPLETE LIST OF VA REGIONAL LOAN CENTERS SEE THE 2008 VA HANDBOOK PAGE 48.

Winston-Salem Eligibility Center - 1-888-244-6711

National VA Loan Guaranty Service Website - www.homeloans.va.gov

Funding Fee Payment System - www.pay.gov/va