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Va nearest living relative form

VA NEAREST LIVING RELATIVE STATEMENT 2025

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The document outlines the requirement for VA borrowers to provide their lender with the contact information of their nearest living relative, including name, address, phone number, and relationship.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the 4% rule on a VA loan?

Seller concessions are financial incentives or contributions from the seller that help reduce the buyers out-of-pocket expenses. The Department of Veterans Affairs (VA) allows these concessions to cover up to 4% of the loan amount, but they must be items outside of standard closing costs.

What is the minimum occupancy requirements for VA?

How long do you have to occupy a home purchased with a VA loan? Generally, homebuyers have 60 days from closing to occupy a home purchased with a VA loan. However, the VA does allow homebuyers in certain situations to go beyond the 60-day mark, potentially extending up to one year.

What is the nearest living relative document?

The VA requires all mortgage applicants to furnish a form designating a nearest living relative. Its not a standardized, official VA form but rather a letter or lender generated form stating who the veterans family contact is in case the VA has lost touch with the borrower.

What is your nearest living relative?

Spouse or registered civil partner. Children, grandchildren, great-grandchildren, and so on. Parents. Brothers and sisters (including half-brothers and sisters)

What does nearest living relative mean?

Definition of Closest Living Relative The term closest living relative refers to the person who is next in line to inherit from a deceased persons estate if they die without a valid will.

nearest living relative va loan

VA nearest living relative no longer required VA nearest living relative form PDF Nearest living relative not LIVING WITH you va form 26-1820 VA child care letter va form 26-6807 va form 26-0503 VA Form 26-6382

Does the VA require a 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.