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VA Handbook Updates

VA has updated Chapter 4, Credit Underwriting and Chapter 11, Appraisal Report of the Lender's Handbook wit

chapter 4, credit underwriting and chapter 11, appraisal report updates

 

VA has updated Chapter 4, Credit Underwriting and Chapter 11, Appraisal Report of the Lender's Handbook with new guidance, clarification and incorporation of information from past VA circulars. These guidelines are effective with new applications on or after May 23, 2019. The product profile will be updated on May 23.

 

Exhibit A to Announcement 2019-033 includes highlights of the changes but it not all inclusive. Please reference the Lender's Handbook and the product profiles for full details.