VA provides additional lender guidance concerning Covid-19

Federal Issues Covid-19 Department of Veterans Affairs Underwriting Military Lending

On May 19, the Department of Veterans Affairs (VA) issued Circular 26-20-19 to remind lenders of certain VA policies and provide guidance regarding the processing of VA-guaranteed loans during Covid-19. The circular provides guidance regarding IRS Form 4506-T, renewal applications, applications for underwriter approvals, and fees to conduct business with the VA. The circular is rescinded on April 1, 2021.