VA Loans - Loan Processing of VA home loan

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VA Loan Processing

The loan processing of your file is the most time consuming aspect of the VA loan process. This is the preparation of your file for presentation to the VA investors. All documentation is reviewed to insure there is no discrepancies in presentation and any possible problems are worked on at this stage. If at your initial application you did not provide all of the original documents needed, this is the stage where they will be requested for again.

The processing stage is comprised of gathering all of the following documents.

VA Certificate of Eligibility
Verifications of Employment
Verifications of Deposit
Credit Report
Escrow Instructions
Preliminary Title Reports
Appraisal
Letters of Explanation
Additional supporting documents
Any Documents missing from initial application

Since we will be attempting to gather all of these documents from various companies and individuals, this is most often where there can be delays. Once again, if all documents are provided initially, this will help avoid delays.

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Loan Processing

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