Underwriting requirements for VA loans

Marshall Sparkman - Loan Officer - VA Loan Specialist explains what you need to understand about the VA loan underwriting mindset.

Here is the 20k ft view on what you need to understand:
- Understanding Automated Underwriting Systems (AUS)
- Underwriting mindset
- Documenting why we are making the loan
1.Must put the Veteran in a better position
2.Veteran must demonstrate ability to repay
- Lenders handbook https://benefits.va.gov/WARMS/docs/admin26/m26-07/Ch4_Underwriting_NEW.pdf

Marshall Sparkman is one the Nations Leading VA Loan Specialist! This channel is dedicated to educating clients, realtors, and investors on the ins and outs of the mortgage industry... especially when it comes to helping Veterans!

To schedule a consult: https://calendly.com/sparkmanteam/youtube-phone-consult

Marshall Sparkman
Mortgage Broker / CEO
Sparkman Lending, LLC
Company NMLS 2140115
Personal NMLS # 167461
Marshall@sparkmanlending.com
(615) 439-0885
134 Steelson Ct Murfreesboro TN 37128
www.sparkmanlending.com

Видео Underwriting requirements for VA loans канала Sparkman Lending - VA Loan Specialist