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Updates to VA Forms 26-1820 and 26-1802a Additionally, VA 26-1802a, HUD/VA Addendum to the Uniform Residential Loan Application has been discontinued.
Does VA still require the nearest living relative?
The Department of Veterans Affairs requires all VA borrowers to provide the lender with the name, address and phone number of their nearest living relative.
Is VA form 26-1802a still required?
Use of the new VA Form 26-1820 is required for loans with application dates on or after February 1, 2023. VA Form 26-1802a and VA Form 26-0503 will no longer be required with use of the new VA Form 26-1820. Lenders may, and are encouraged to use the new form for loan applications received prior to the effective date.
Is a VA loan summary still required?
No need to mail loan documents to VA (unless selected for an audit review). Ability to submit loans for guaranty virtually anytime. No need to complete VA Form 26-0286, VA Loan Summary Sheet.
Is VA form 26-1820 required?
Lenders must complete the form on every VA guaranteed, or insured loan. VA has consolidated VA Form 26-1802a and VA Form 26-0503, Federal Collection Policy Notice, into the new VA Form 26-1820. Use of the new VA Form 26-1820 is required for loans with application dates on or after February 1, 2023.
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What is VA form 26-1820 used for?
VA Form 26-1820 is used by lenders to report a loan to VA for guaranty upon closing. Lenders must complete the form on every VA guaranteed, or insured loan. VA has consolidated VA Form 26-1802a and VA Form 26-0503, Federal Collection Policy Notice, into the new VA Form 26-1820.
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