VA Circular 26-24-1 VA Credit-Underwriting Designation For Non-Supervised Automatic Lenders

January 19, 2024

The Department of Veterans Affairs is publishing this Circular to reiterate the expectation that all underwriting decisions to approve or deny a VA loan closed on the non-supervised automatic basis must be made by a VA-approved credit underwriter, and to clarify that VA’s Staff Appraisal Reviewer (SAR) designation does not confer credit underwriting authority.

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