Steps to a va loan
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STEPS TO A VA LOAN. DEPARTMENT OF VETERANS AFFAIRS ST. PETERSBURG FL 888-611-5916. CONTACT INFORMATION. GO WWW.BENEFITS.VA.GOV/HOMELOANS / Locate Lender’s Handbook, CIRCULARS, FORMS and INFORMATION at this site Call 1-888-611-5916, or email FL [email protected]

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STEPS TO A VA LOAN

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Steps to a va loan

STEPS TO A VA LOAN

DEPARTMENT OF VETERANS AFFAIRS

ST. PETERSBURG FL

888-611-5916


Contact information

CONTACT INFORMATION

GO WWW.BENEFITS.VA.GOV/HOMELOANS/

Locate Lender’s Handbook, CIRCULARS, FORMS and INFORMATION at this site

Call 1-888-611-5916, or email [email protected]


Step one register in va portal

STEP ONE REGISTER IN VA PORTAL

  • Go to WWW.BENEFITS.VA.GOV/HOMELOANS/

  • Access VA Portal and Register

  • Must have a VA Lender ID

  • See Information for Lenders attachment


Step two issue a coe

STEP TWO ISSUE A COE

  • Issue Certificate of Eligibility Electronically thru Weblgy (VA Portal Website) OR

  • Mail COE application (Form 26-1880) to:

    VA Loan Eligibility Center

    PO BOX 20729

    Winston-Salem NC 27120

    Toll Free 888-244-6711


Issue an electronic coe

ISSUE AN ELECTRONIC COE

  • Log in to ( VA Portal) at WWW.BENEFITS.VA.GOV/HOMELOANS

  • Under Applications access WEBLGY, select Eligibility, proceed to Create a Record. Complete application and submit.

  • Enter correct Information according to military service records, i.e. Form DD214 to avoid electronic errors.


Avoid coe errors

AVOID COE ERRORS

  • Upload all documents into E-Docsof Electronic application

  • Proof of service documents are: Forms 26-1880, DD214 or Statement of Service .

  • Restorations of Entitlement documents are: Recorded Deeds and HUD 1 .

  • Enter Veteran’s information according to his/her records to avoid unsuccessful transmissions. Avoid Typographical Errors.


New coe release shows funding fee exemption status

New COE Release Shows funding fee exemption status

Ne re


Step three exempt status

STEP THREE EXEMPT STATUS

Complete VA Form 26-8937 WWW.BENEFITS.VA.GOV/HOMELOANS/

Fax form to 727-319-7763 or email

[email protected]

Do not send the form if the veteran does not receive compensation disability benefits from VA.


Step four qualify

STEP FOUR QUALIFY

CREDIT QUALIFY

ORDER APPRAISAL

Order appraisal

Thru the Weblgy System (VA Portal)

Request a NOV ( Notice of Value of property)

  • Complete required forms

  • Loan Application (URLA)

  • Verify

  • Credit

  • Income

  • Assets

  • Adverse Data


Step five

STEP FIVE

CLOSE THE LOAN

PAY FUNDING FEE

Go to HTTPS://VA.PAY.GOV

All VA loans, including exempt cases must show a funding fee payment in order to obtain a Guaranty

Lender must have a Vendor ID number.

Call Funding Fee Helpline at 1-877-807-4135, email [email protected]

  • Verify Veteran status has not changed

  • Obtain occupancy certification from Veteran

  • All required forms must be signed by Borrowers and lender. ( Ch 5 lenders handbook)


Step six

STEP SIX

Congratulations

Steps Completed

Thank You

GUARANTY VA LOAN

Log into VA Portal to Weblgy

Go into Loan, enter New Loan, select the Automatic option and submit Info.

Data must coincide with COE and Property data. Hit Submit, system will generate a Guaranty Certificate (LGC)


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