Report and Certification of Loan Disbursement, Request for Verification of Employment and Request for Verification of Deposit (VA Forms 26-1820, 26-8497 & 26-8497a)

Under 38 U.S.C. 3710, a loan may not be guaranteed unless the veteran is a satisfactory credit risk. The statute also requires that VA set forth in regulatory form standards to be used by lenders in underwriting VA-guaranteed loans and obtaining credit information. These standards are set forth at 38 CFR 36.4340. They require lenders to collect certain specific information concerning the veteran and the veteran’s credit history (and spouse or other co-borrower, as applicable), in order to properly underwrite the veteran’s loan. Collection of this information is normal business practice for mortgage lenders.

The latest form for Report and Certification of Loan Disbursement, Request for Verification of Employment and Request for Verification of Deposit (VA Forms 26-1820, 26-8497 & 26-8497a) expires 2023-11-30 and can be found here.