ÐÏࡱá > þÿ ) + þÿÿÿ ( ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿì¥Á 3 ð¿ m bjbjöÊöÊ " ”  ”  e ÿÿ ÿÿ ÿÿ l j j j j j j j ~ ª ª ª 8 â î $ ~ $ ¶ £ ¥ ¥ ¥ ¥ ¥ ¥ $ Ú ú J É j É z j j Þ z z z " j j £ z £ z ˜ z P _ j j ¿ 06*#É~ , ª @ : ¯ ¿ ä ô 0 $ · D z D ¿ z ~ ~ j j j j Ù Veterans Benefits Administration VA Pamphlet 26-7, Revised Department of Veterans Affairs Change 4 Washington, D.C. 20420 September 15, 2004 To: Lenders and Other Participants in the VA Loan Guaranty Program Subject: Transmittal of Change 4 to VA Pamphlet 26-7, Revised, VA Lender’s Handbook Lender’s HandbookElectronically attached are revisions of Chapters 1 through 9 as well as Current Issues and Appendix A of VA Pamphlet 26-7, VA Lender’s Handbook, Guaranty of Loans to Veterans. ChangesThis newly formatted version generally contains the same information as the previous version. Most changes are relatively minor in nature (i.e., CRV to NOV), however, we have made a few significant modifications: A “Change Date” area has been added to each section and includes information about changes to that specific chapter’s sections. Subsection lettering has been added. All document formatting has been adjusted to accommodate future releases. We have added active hyperlinks to chapters in the handbook, web pages and necessary loan application forms. Wherever material has been changed, the change has been highlighted and when something has been deleted [ ] appears in the subsection. Removal of Appendix BDue to Internet advances, Appendix B of the Lender’s Handbook will no longer be available. For a list of all VA forms used in connection with a VA loan, lenders may use: http://www.vba.va.gov/pubs/homeloanforms.htm http://www.va.gov/vaforms/ Use of this handbook This handbook change incorporates hyperlinks to MS Word® documents as well as current VA forms, HUD forms and third party forms, where available. Please report broken links to [email protected]. Continued on next page Additional CopiesAdditional copies may be downloaded from the VA Home Loans website (http://www.homeloans.va.gov). RescissionsThis new version of Chapter 6 incorporates circular 26-03-4 This new version of Chapter 8 rescinds circular 26-02-6. This new version rescinds all previous versions of Chapters 1 through 9, Current Issues, Appendix A and Appendix B. /s/Keith Pedigo Director, Loan Guaranty Service ; c  Ó ( ) — š { ¨ © Ä  ¤ 2 3 4 m ÷ ÷ô÷ì ê ã ã ã ã ã à aJ >*B*ph ÿ *5CJ OJ QJ CJ 5CJ OJ QJ ; c Ž  Ó ( ) + = ï ð ò ú ö ô ö ï æ ï ï ï Ý Ó Á } Ý Ó D $$If –l 4Ö0 ”ÿTÜ# Àÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ ˆÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿö ÖÿÿÿÿÿÿÿÿÖÿÿÿÿÿÿÿÿÖÿÿÿÿÿÿÿÿÖÿÿÿÿÿÿÿÿ4Ö l aö &F Æ H „H $If ^„H &F $If &F „¤^„¤ &F „˜þ]„˜þ &F &F Æ ! e l þþ ú Ð Ñ R w Á . / ¶ · ¹ Ï { © Å Æ í í ã ã ã ã í Ù • Œ ‚ Ù ã ã • &F $If &F „¤^„¤D $$If –l 4Ö0 ”ÿTÜ# Àÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ ˆÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿö ÖÿÿÿÿÿÿÿÿÖÿÿÿÿÿÿÿÿÖÿÿÿÿÿÿÿÿÖÿÿÿÿÿÿÿÿ4Ö l aö &F $If &